Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Booking Holdings taps former S&P Global executive as CFO
(Reuters) - Booking Holdings said on Wednesday former S&P Global finance chief, Ewout Steenbergen, will join the travel company as its chief financial officer. He will start on March 15 and will succe...
Dec 13, 2023
Asset manager Bayview explores sale of insurance arm Oceanview
By David French and Pablo Mayo Cerqueiro (Reuters) - Credit investment firm Bayview Asset Management told Reuters it has put its insurance arm Oceanview Holdings up for sale, in what could be the late...
Dec 13, 2023
Activist Engaged Capital takes stake in debt collector PRA -sources
By David French NEW YORK (Reuters) - Engaged Capital has built a more than 5% stake in PRA Group and is pushing the debt collection company to improve its operations, cut costs and add new experience ...
Dec 13, 2023
World Bank economist warns high interest rates will likely last longer
WASHINGTON (Reuters) - World Bank chief economist Indermit Gill on Wednesday said past experience showed that interest rates may stop going up, but they are unlikely to come down "anytime soon," which...
Dec 13, 2023
Italy looking to help debtors without roiling bad debt market
By Valentina Za and Giuseppe Fonte MILAN (Reuters) - Italy has reined in plans to help borrowers struggling with debt repayments and will focus only on very small business loans, a government document...
Dec 13, 2023
China’s GAC Group to set up investment fund of $4.18 billion
HONG KONG (Reuters) - China's GAC Group signed agreement on Wednesday with partners to set up an investment fund which aims to strengthen its business development in the new energy vehicle industry. T...
Dec 13, 2023
Crypto, insurance-linked and trend hedge funds most popular – Preqin
By Nell Mackenzie LONDON (Reuters) - Trend-following and niche hedge funds that trade crypto currencies and insurance-linked assets attracted most new investor money in the first three quarters of 202...
Dec 13, 2023
US bankruptcy wave may stretch into 2024, but pace could slow
By Bansari Mayur Kamdar (Reuters) - The retail sector could continue to lead U.S. bankruptcies next year due to sticky inflation and high interest rates, but analysts expect easing monetary policy to ...
Dec 13, 2023
Foreigners shovel $43.4 billion into EM portfolios in November – IIF
NEW YORK (Reuters) - Emerging markets debt and stock portfolios drew in $43.4 billion from foreign investors in November, the largest net amount since January, even as China posted another month of ne...
Dec 13, 2023
US producer prices unchanged in November
WASHINGTON (Reuters) - U.S. producer prices were unexpectedly unchanged in November as a decline in the cost of energy products more than offset higher food prices, indicating that inflation at the fa...
Dec 13, 2023
