Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
ECB rate cut bets premature, markets have eased too much: Vasle
By Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank will need at least until spring before it can reassess its policy outlook and market expectations for an interest rate cut in March or...
Syndicated Content Dec 18, 2023
Workers at Amazon logistics centre in Spain plan 3-day strike over wages
MADRID (Reuters) - Spanish workers at a logistics centre of giant online retailer Amazon in northern Spain are planning a three-day strike ahead of the Epiphany feast day on Jan. 6, when Spanish child...
Syndicated Content Dec 18, 2023
BlackRock to invest up to $400 million in Dubai decarbonisation firm Positive Zero
By Yousef Saba DUBAI (Reuters) -BlackRock has agreed to invest up to $400 million in Dubai-based decarbonisation company Positive Zero through a diversified infrastructure fund, Positive Zero said in ...
Syndicated Content Dec 18, 2023
Japan business lobby head: BOJ must normalise monetary policy as soon as possible
By Tetsushi Kajimoto TOKYO (Reuters) - Japan business lobby Keidanren chief Masakazu Tokura said on Monday the Bank of Japan must normalise monetary policy as early as possible, amid speculation the c...
Syndicated Content Dec 18, 2023
India likely to achieve fiscal deficit target in 2023-24, says govt
NEW DELHI (Reuters) - The Indian government is likely to achieve the fiscal deficit target of 5.9% of gross domestic product (GDP) in the financial year 2023-24, junior finance minister Bhagwat Karad ...
Syndicated Content Dec 18, 2023
IBM to buy Software AG’s enterprise tech business for $2.3 billion
(Reuters) - IBM on Monday said that it would buy Software AG's StreamSets and webMethods platforms for 2.13 billion euros ($2.33 billion) in cash. ($1 = 0.9158 euros) (Reporting by Shivani Tanna in Be...
Syndicated Content Dec 18, 2023
Unilever to sell Q-Tips maker Elida Beauty to Yellow Wood
(Reuters) -Consumer goods giant Unilever on Monday said it would sell Elida Beauty, its non-core beauty and personal care division, to U.S. private equity firm Yellow Wood Partners. The financial term...
Syndicated Content Dec 18, 2023
China banks step up sales of bad loans as consumer defaults rise
SHANGHAI/SINGAPORE (Reuters) - Chinese banks are putting bad loans up for sale at a record pace, as regulators push for faster disposal of sour debts amid rising consumer defaults during an ailing pos...
Syndicated Content Dec 18, 2023
Goldman cuts 2024 Brent price forecast on strong US supply
(Reuters) - Goldman Sachs trimmed its price expectation for Brent crude in 2024 by $10 per barrel to between $70 and $90, saying strong production from the United States would moderate any upside in o...
Syndicated Content Dec 18, 2023
Tencent turns to ByteDance in gaming showdown with NetEase
By Josh Ye HONG KONG (Reuters) - Tencent Holdings is relying on one-time bitter rival ByteDance to promote its most important video game release in years, in a sign of warming relations as well as int...
Syndicated Content Dec 18, 2023
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