Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Dozens of drugmakers may be subject to rebates over price hikes – White House
(Reuters) -U.S. President Joe Biden will announce on Thursday that dozens of pharmaceutical companies will be required to pay rebates to Medicare for "outrageous" price hikes on prescription drugs, th...
Dec 14, 2023
OECD sees long-term growth prospects almost halving in major economies
By Leigh Thomas PARIS (Reuters) - Growth is projected to almost halve in developed and big emerging market economies in the coming decades, requiring higher taxes to keep debt from rocketing, the OECD...
Dec 14, 2023
DIW institute lowers German GDP forecasts after budget cuts
BERLIN (Reuters) - Germany's DIW economic institute revised down its growth forecasts for the next two years on Thursday, expecting only a slow recovery from recession for Europe's largest economy aft...
Dec 14, 2023
EU top court rejects 250 million EU tax order to Amazon
BRUSSELS (Reuters) - Europe's top court on Thursday scrapped an EU order to Amazon to pay 250 million euros ($270 million) in back taxes to Luxembourg, part of EU antitrust chief Margrethe Vestager's ...
Dec 14, 2023
China’s central bank set to boost liquidity injection but keep key rate unchanged
SHANGHAI/SINGAPORE (Reuters) - China's central bank is expected to ramp up liquidity injections while leaving the key interest rate unchanged when it rolls over maturing medium-term policy loans on Fr...
Dec 14, 2023
Asian FX bulls firm as investors bet on rates peaking; eye cuts ahead-Reuters poll
By Rishav Chatterjee (Reuters) - Bullish bets firmed on most emerging Asian currencies as expectations of an end to U.S. interest rate hikes triggered an easing in the greenback, boosting investors' a...
Dec 14, 2023
Virgin Australia averts strikes with cabin crew pay deal
(Reuters) - Virgin Australia has reached a cabin crew pay deal with unions that had called for strikes ahead of the busy end-of-year travel season, the airline said on Thursday. The in-principle agree...
Dec 14, 2023
India’s Nov wholesale prices rise after 7 months of decline
NEW DELHI (Reuters) -India's wholesale price index in November rose 0.26% from a year earlier, returning to positive territory after seven months on higher food prices, government data showed on Thurs...
Dec 14, 2023
Indonesia’s November trade surplus seen narrowing to $3 billion : Reuters poll
JAKARTA (Reuters) - Indonesia's trade surplus is likely to narrow in November as exports are seen posting another contraction, while imports are expected to witness a marginal growth, a Reuters poll s...
Dec 14, 2023
Philippines central bank keeps benchmark rate unchanged at 6.50%
MANILA (Reuters) - The Philippine central bank kept its benchmark interest rate steady at 6.50% for a second straight meeting on Thursday as price pressures have started to ease, but signaled policy w...
Dec 14, 2023
