Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
US import prices post second straight monthly decline in November
WASHINGTON (Reuters) - U.S. import prices fell for a second straight month in November amid decreases in the costs of energy products and motor vehicles, suggesting that import deflation could help to...
Dec 14, 2023
Putin: Russian inflation could near 8% this year
MOSCOW (Reuters) - Annual inflation may approach 8% in Russia this year, President Vladimir Putin said on Thursday, a day before the central bank is widely expected to hike interest rates again to rei...
Dec 14, 2023
Stellantis reviews rollout of European dealer rejig amid IT complexity
MILAN (Reuters) - Stellantis is reviewing the timing and structure of a planned reorganisation of its European dealers' network after a four-country pilot programme revealed IT glitches, a spokesperso...
Dec 14, 2023
Jabil’s quarterly profit beats estimates as cost cutting measures takeoff
(Reuters) - Jabil reported core quarterly profit slightly above Wall Street estimates on Thursday, as the electronic components maker turned its focus on cutting costs to navigate weak demand in a tou...
Dec 14, 2023
US Treasury unveils rules for clean energy manufacturing subsidy
(Reuters) - The U.S. Treasury on Thursday unveiled proposed guidelines for manufacturers seeking to claim a tax credit for making clean energy components like solar panels and batteries, a move aimed ...
Dec 14, 2023
US retail sales unexpectedly rebound in November; weekly jobless claims fall
WASHINGTON (Reuters) - U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start, which should keep the economy on a moderate growth path this quarter. Re...
Dec 14, 2023
US opens recall probe into over 400,000 Volkswagen, Audi vehicles
(Reuters) - A U.S. auto safety regulator said on Thursday it is opening an investigation into about 447,497 Audi A3 and Volkswagen Golf vehicles over reports alleging a fuel leak. The U.S. Office of D...
Dec 14, 2023
ECB pushes back against rate cut bets with pledge to stay tight
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank pushed back against bets on imminent cuts to interest rates on Thursday by reaffirming borrowing costs would rema...
Dec 14, 2023
AT&T to buy Rivian electric vehicles in pilot deal to cut cost, emissions
By Abhirup Roy SAN FRANCISCO (Reuters) - U.S. wireless carrier AT&T will purchase some electric vehicles from startup Rivian in a pilot program to evaluate ways to reduce cost, cut carbon emissions an...
Dec 14, 2023
Italian police seize $94 million from UPS over alleged tax and labour offences
MILAN (Reuters) - Italy's finance police on Thursday seized around 86.5 million euros ($94.5 million) from the Italian arm of U.S. package delivery company United Parcel Service over alleged tax fraud...
Dec 14, 2023
