Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Dow notches first record close in almost two years as Fed signals lower rates
(Reuters) - The Dow Jones Industrial Average notched its first record high close since January 2022 on Wednesday after the Federal Reserve signaled lower borrowing costs are coming in 2024. The stock ...
Dec 13, 2023
US CFTC OKs crypto firm Bitnomial’s vertical integration plan
NEW YORK (Reuters) - The U.S. Commodity Futures Trading Commission on Wednesday voted to approve a plan from a Chicago cryptocurrency derivatives exchange and brokerage to also act as its own register...
Dec 13, 2023
Judge deciding Google’s fate in Epic case is antitrust veteran
By Mike Scarcella (Reuters) - The judge who could rewrite the future of Google's app business is a competition law expert who once defended technology companies and other defendants in antitrust cases...
Dec 13, 2023
Factbox-Scandal-hit companies which went after executive compensation
(Reuters) - BP on Monday cut over $40 million in compensation from former CEO Bernard Looney after the British oil giant concluded he had knowingly misled the board over personal relationships with co...
Dec 13, 2023
Luxury slowdown prompts fears of inventory pile-up over key holiday season
By Mimosa Spencer PARIS (Reuters) - Early holiday shopping season discounts from high-end fashion retailers like Bergdorf Goodman on New York's Fifth Avenue raised concern that a lacklustre Christmas ...
Dec 13, 2023
Exclusive-EU to find way to help Poland access frozen EU cash -Hahn
By Jan Strupczewski BRUSSELS (Reuters) - The European Commission will find a way for Poland to access some 111 billion euros in frozen EU funds as the new Polish government moves toward alleviating th...
Dec 13, 2023
Fed flags end of rate hikes, sees lower borrowing costs in 2024
NEW YORK (Reuters) -The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections that the historic tightening of U.S. monetary policy engineered over the last t...
Dec 13, 2023
German 2024 budget deal could spur EU agreement on budget revision
BRUSSELS (Reuters) - Germany's 2024 budget deal could help to unblock talks on the revision of the European Union's long-term budget to provide money for Ukraine and migration, EU Budget Commissioner ...
Dec 13, 2023
Explainer-What does Argentina’s ‘shock therapy’ economic package involve?
By Valentine Hilaire (Reuters) - Argentina's government under libertarian President Javier Milei has unveiled a "shock therapy" economic plan, a radical and likely painful blueprint to stabilize the S...
Dec 13, 2023
Moody’s sees negative outlook for Latin American companies on high rates, low growth
BOGOTA (Reuters) - Non-financial industry companies in Latin America are facing a negative outlook for next year because of continued high interest rates, slow regional economic growth and projected l...
Dec 13, 2023
