Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
US construction spending rises less than expected in November
WASHINGTON (Reuters) - U.S. construction spending rose less than expected in November amid a decline in outlays on public projects, but data for the prior month was revised sharply higher suggesting u...
Jan 02, 2024
Investors pin hopes on Canada’s mid-sized EQ Bank after blockbuster 2023
By Nivedita Balu TORONTO (Reuters) - In a tough year for Canadian banks, shares in mid-sized lender EQB Inc jumped more than 50% on solid earnings growth, making it the best-performing banking stock i...
Jan 02, 2024
Apple starts 2024 with Barclays downgrade
(Reuters) - Apple fell 3% on Tuesday after Barclays downgraded the shares of the world's most valuable firm on concerns that demand for its devices from the iPhone to Mac will remain weak in 2024. Bar...
Jan 02, 2024
Tesla beats fourth-quarter delivery estimates, surpasses 2023 target
(Reuters) - Tesla on Tuesday reported fourth-quarter deliveries ahead of analysts' estimates after a push to deliver more Model 3 electric cars before some variants of the compact sedan lose federal t...
Jan 02, 2024
EV maker Rivian misses quarterly deliveries expectations, shares tank
(Reuters) -Rivian Automotive posted a sequential fall in fourth-quarter deliveries on Tuesday, and missed market estimates, as tough competition and high interest rates affect demand for its electric ...
Jan 02, 2024
China removes official after video games rules spark turmoil -sources
By Josh Ye HONG KONG (Reuters) - China removed an official at a government body overseeing its press and publications regulator, five sources who were briefed on the matter said, days after Chinese ga...
Jan 02, 2024
Chevron to take up to $4 billion impairment hit in Q4
(Reuters) - Chevron said on Tuesday it would record an impairment to a portion of its U.S. upstream assets, primarily in California, as continuing regulatory challenges in the state have resulted in l...
Jan 02, 2024
Maersk to decide on Red Sea route on Tuesday after attack
OSLO (Reuters) -Denmark's Maersk will decide on Tuesday whether to resume sending vessels through the Suez Canal via the Red Sea or redirect them around Africa following a weekend attack on one of its...
Jan 02, 2024
Brazil’s record trade surplus tough to sustain after import slump
By Marcela Ayres BRASILIA (Reuters) - Brazil's record 2023 trade surplus may be tough to repeat this year, private economists and government officials agree, as falling interest rates are expected to ...
Jan 02, 2024
Alibaba Group says repurchased $9.5 billion worth shares in 2023
(Reuters) -China's Alibaba Group said on Tuesday it had repurchased a total of 897.9 million of its shares for $9.5 billion during 2023. The shares were bought in both the U.S. and Hong Kong stock mar...
Jan 02, 2024
