Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Nestle CEO says weight-loss drugs no threat to coffee business
ZURICH (Reuters) - Nestle sees no threat to its huge coffee business from the rising popularity of weight-loss drugs like Eli Lilly's Zepbound and Novo Nordisk's Wegovy, Chief Executive Mark Schneider...
Dec 20, 2023
Futures take a breather after rally; FedEx slides
(Reuters) - U.S. stock index futures inched lower on Wednesday as investors took a breather from a rally that was sparked by the Federal Reserve's likely pivot to a dovish policy, while FedEx tumbled ...
Dec 20, 2023
Prada buys New York Fifth Avenue store building for $425 million
MILAN (Reuters) - Italian fashion house Prada has paid $425 million to buy the building on Fifth Avenue in New York which currently hosts its store, the company said on Wednesday. Prada, which has bee...
Dec 20, 2023
US new vehicle dealers jump-start holiday sales with better incentives
By Nathan Gomes (Reuters) - American car dealers are set to wrap the year with generous incentives and discounts during winter sales, aiming to clear older vehicle stocks and prepare for the new year ...
Dec 20, 2023
At least 66% of jobs lost in Gaza, more losses possible, ILO says
GENEVA (Reuters) - At least 66% of jobs have been lost in Gaza since the Israel-Hamas conflict erupted in October, the International Labour Organization (ILO) said on Wednesday, warning that employmen...
Dec 20, 2023
Aon to buy insurance broker NFP in $13.4 billion deal
(Reuters) - Management consulting firm Aon said on Wednesday it will buy NFP, a middle market property and casualty broker, in a deal valued at $13.4 billion. The deal is expected to close in mid-2024...
Dec 20, 2023
Marketmind: Global disinflation cheer as records break
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street is zooming into year-end holidays cracking new records as global disinflation tailwinds lifted bonds and stocks across th...
Dec 20, 2023
Russian court fines Google $50.8 million over ‘fake’ information on Ukraine war -TASS
MOSCOW (Reuters) - A Russian court hit Alphabet's Google on Wednesday with a fine of 4.6 billion roubles ($50.84 million) for failing to delete so-called "fake" information about the conflict in Ukrai...
Dec 20, 2023
Analysis-Global banks see no recession, US companies are more circumspect
By Vidya Ranganathan and Gaurav Dogra SINGAPORE (Reuters) - Heading into 2024, analysts say the U.S. recession they'd been forecasting for two years isn't coming anymore. Everyone else, from companies...
Dec 20, 2023
US ‘buy now, pay later’ splurges raise holiday debt hangover risk
By Lisa Baertlein and Arriana McLymore LOS ANGELES/NEW YORK (Reuters) - Roxanne Ross of Florida is one of a growing number of Americans dodging higher interest rates on credit cards by instead turning...
Dec 20, 2023
