Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Peru again cuts interest rate as inflation eases
By Kylie Madry (Reuters) - Peru's central bank on Thursday cut its interest rate by 25 basis points to 6.75%, in line with expectations and as the speed of price increases in the Andean nation comes u...
Syndicated Content Dec 14, 2023
Asian IPO market seen brighter in 2024 but elections cast shadows
By Scott Murdoch SYDNEY (Reuters) - Bankers in Asian equity capital markets are hopeful of a better year in 2024 after a dismal showing for IPOs this year, noting that interest rates have stabilised g...
Syndicated Content Dec 14, 2023
Citigroup closes municipal underwriting and market-making unit- memo
By Tatiana Bautzer NEW YORK (Reuters) - Citigroup has decided to close its municipal underwriting and market-making activities, according to a memo seen by Reuters. "The economics of these activities ...
Syndicated Content Dec 14, 2023
LATAM Airlines expects record earnings in 2024
MEXICO CITY (Reuters) - LATAM Airlines projected on Thursday record earnings for next year of between $2.6 billion and $2.9 billion. The metric, measured in adjusted earnings before interest, taxes, d...
Syndicated Content Dec 14, 2023
FDIC-run Signature Bridge Bank sells 20% stake of $16.8 billion real estate portfolio
(Reuters) - The Federal Deposit Insurance Corp-run Signature Bridge Bank said on Thursday it has sold 20% of its equity stake in the venture that holds a $16.8 billion real estate loan portfolio, whic...
Syndicated Content Dec 14, 2023
Mexico’s Nuevo Leon state gives Tesla $153 million in incentives for factory
MEXICO CITY (Reuters) -Mexico's northern state of Nuevo Leon approved $153 million in incentives for Tesla as the carmaker prepares to build a factory, the state government said in a statement on Thur...
Syndicated Content Dec 14, 2023
GM to lay off 1,300 workers at two Michigan plants – automaker
(Reuters) - General Motors said on Thursday it is laying off 1,300 workers at two Michigan auto factories in early January. The largest U.S. automaker said 945 workers will be laid off at its Orion As...
Syndicated Content Dec 14, 2023
RTX insider Christopher Calio to succeed Gregory Hayes as CEO
(Reuters) -RTX said on Thursday that Christopher Calio, the company's current chief operating officer, would succeed Gregory Hayes as the aerospace and defense firm's CEO. Under Hayes, RTX - formerly ...
Syndicated Content Dec 14, 2023
Lennar quarterly profit rises on higher housing demand
(Reuters) - U.S. homebuilder Lennar Corp said on Thursday its quarterly profit rose, as a production deficit and a chronic supply shortage resulted in sustained housing demand. Existing housing supply...
Syndicated Content Dec 14, 2023
Marketmind: Pivot party rolls on
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets are set to end the week on the front foot as another steep slide in the dollar and U.S. bond yields extends the Fe...
Syndicated Content Dec 14, 2023
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