Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
UK housing market stabilises but high rates still weigh: RICS
By Suban Abdulla LONDON (Reuters) - Britain's property market saw some recovery in November as a surge in mortgage rates eased, but surveyors remain cautious about the year ahead, an industry survey s...
Dec 13, 2023
New Zealand central bank warns Citi’s local unit over breach of international payments rule
(Reuters) - The Reserve Bank of New Zealand (RBNZ) said on Thursday it had issued a formal warning to Citigroup's local unit for failing to provide sender information in international payment transfer...
Dec 13, 2023
Australian competition watchdog approves Woolworths’ stake buy in Petstock
(Reuters) - Australia's competition watchdog said on Thursday it will not oppose Woolworths' acquisition of a 55% stake in specialty pet retailer Petstock Group. The Australian Competition and Consume...
Dec 13, 2023
Occidental’s deal for CrownRock is no Anadarko redux, say ratings firms
By Sabrina Valle HOUSTON (Reuters) - Occidental Petroleum's plan to pay off debt from its acquisition of CrownRock should result in a reduced financial burden within a year of closing, credit rating f...
Dec 13, 2023
UBS steps up efforts to recover cash from Credit Suisse defectors – Bloomberg News
(Reuters) - Swiss lender UBS Group AG has stepped up efforts to recoup hundreds of millions in cash bonuses that Credit Suisse paid to retain dealmakers before the lender's collapse, Bloomberg News re...
Dec 13, 2023
ECB has tough job to fight rate cut bets as inflation falls
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank faces a difficult balancing act on Thursday as it likely slashes its forecasts for growth and inflation while try...
Dec 13, 2023
Adobe embroiled in anti-trust issues, forecasts revenue below estimates
(Reuters) - Photoshop maker Adobe said on Wednesday it was facing regulatory scrutiny over its subscription models and forecast annual and quarterly revenue below estimates, sending its shares down mo...
Dec 13, 2023
Apple reaches record high close as Fed signals rate cuts
(Reuters) - Apple's stock reached a record high close on Wednesday, lifted in a broad Wall Street rally after the Federal Reserve signaled lower borrowing costs are coming in 2024. Apple's stock climb...
Dec 13, 2023
Argentina inflation tops 160% spotlighting challenge for Milei
By Hernan Nessi and Lucila Sigal BUENOS AIRES (Reuters) - Argentina's annual inflation rate hit 161% in November, faster than expected and the highest monthly figure this year, laying bare the dauntin...
Dec 13, 2023
Exclusive-GM’s Cruise robotaxi unit dismisses nine people after safety investigation
By Greg Bensinger (Reuters) - General Motors' Cruise robotaxi unit dismissed nine key people amid an ongoing safety investigation, a spokesperson for Cruise confirmed to Reuters on Wednesday. (Reporti...
Dec 13, 2023
