Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Auditing firm distances itself from duo’s work on VW’s China plant
By Victoria Waldersee BERLIN (Reuters) - The auditor hired by Volkswagen to audit its jointly-owned site in Xinjiang posted a statement on LinkedIn flagging that just two employees supervised the proj...
Dec 13, 2023
At meeting, Fed must weigh if financial conditions now hindering goals
By Michael S. Derby NEW YORK (Reuters) - For a Federal Reserve that is actively weighing an end to aggressive rate hikes aimed at lowering inflation, easing financial conditions over recent weeks, on ...
Dec 13, 2023
Argentina’s surging prices add urgency to new president’s plan
By Miguel Lo Bianco BUENOS AIRES (Reuters) - The relentless pace of creeping prices in Argentina provides the new president's plan for immediate shock therapy little margin for error, with many citize...
Dec 13, 2023
Airbnb to pay 576 million euros to settle some outstanding Italy tax obligations
(Reuters) - Vacation rental platform Airbnb said on Wednesday it will pay 576 million euros ($620.58 million) to the Italian Revenue Agency to settle outstanding host income tax obligations for the 20...
Dec 13, 2023
Fed likely to hold rates steady, signal couple of cuts in 2024
By Ann Saphir WASHINGTON (Reuters) - The Federal Reserve is widely expected on Wednesday to leave interest rates unchanged for a third straight time, but also signal that a pivot to monetary policy ea...
Dec 13, 2023
Futures edge higher with Fed’s final verdict of the year on tap
(Reuters) - U.S. stock index futures edged higher on Wednesday, with the spotlight squarely on the year's final monetary policy meeting where the Federal Reserve is expected to leave interest rates un...
Dec 13, 2023
Analysis-Driverless vehicles on limited routes bump along despite US robotaxi scrutiny
By Abhirup Roy SAN FRANCISCO (Reuters) - A quest for lower costs and efficiently moving goods and groups of people is pushing demand for driverless technology in trucks and shuttles, even as robotaxis...
Dec 13, 2023
Argentina devalues peso, cuts spending in economic shock therapy
(Reuters) - Argentina will weaken its peso by more than 50% to 800 per dollar, cut energy subsidies and cancel public works tenders as part of an economic shock therapy aimed at fixing the South Ameri...
Dec 13, 2023
Fuel tankers face long slog as Panama Canal drought reroutes flows
By Arathy Somasekhar HOUSTON (Reuters) - Oil tanker Cururo is taking the long way from Houston to Chile: sailing the length of South America's Atlantic coast, across the Strait of Magellan and heading...
Dec 13, 2023
Euro zone industry output falls by more than expected in October
BRUSSELS (Reuters) - Euro zone industrial production declined by more than expected in October, with the sharpest drop for capital goods such as machinery, reinforcing survey indications that the sing...
Dec 13, 2023
