Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Bernie Madoff is long gone. The lawyers are going strong
By David Thomas (Reuters) - Long before cryptocurrency and Sam Bankman-Fried, the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI arrested Madoff on Dec. 11, 2008 for ru...
Dec 11, 2023
Pakistan cenbank to hold rates steady as inflation seen easing- Reuters poll
By Ariba Shahid KARACHI (Reuters) - Pakistan's central bank is expected to hold its key rate steady at a fourth straight policy meeting on Tuesday, with inflation forecast to start easing in coming mo...
Dec 11, 2023
Nordic pension funds will ask Tesla to respect collective bargaining in joint letter
COPENHAGEN (Reuters) -A group of Nordic pension funds will send a joint letter to Tesla Inc this week, urging the U.S. carmaker to respect collective bargaining for its employees in the region, Danish...
Dec 11, 2023
Exclusive-After US curbs, Tencent and small chip designers chase Nvidia’s China crown
By Yelin Mo and Fanny Potkin BEIJING/SINGAPORE (Reuters) - Chinese chip designers including Tencent Holdings are aggressively pitching their AI chips as alternatives to Nvidia's, hoping U.S. export re...
Dec 11, 2023
Goldman Sachs lifts benchmark European share index’s 12-month target to 500
(Reuters) - Goldman Sachs has raised its 12-month forecast for the pan-European STOXX 600 index to 500, implying a nearly 6% gain through 2024-end, on expectation of lower interest rates. Goldman's ta...
Dec 11, 2023
European shares listless ahead of cenbank rate verdicts, miners fall
(Reuters) - European shares were largely unchanged at the start of an event-heavy week as investors braced for U.S. inflation data and interest rate decisions from major global central banks, while we...
Dec 11, 2023
China says tax breaks to stay for over 90% of new energy vehicles
BEIJING (Reuters) - More than 90% of China's existing new energy vehicle (NEV) models will continue to receive tax breaks on purchases, under new technical requirements unveiled on Monday, China's ind...
Dec 11, 2023
Confectioners eye holiday boost as UK shoppers snub expensive gifts
By Richa Naidu and Helen Reid LONDON (Reuters) - Quality Street maker Nestle and Cadbury owner Mondelez are seeing higher sales of confectionery in Britain this holiday season driven by cash-strapped ...
Dec 11, 2023
Time for a reckoning: Five questions for the ECB
By Yoruk Bahceli AMSTERDAM (Reuters) - Investors seeking to cash in on a policy pivot from the European Central Bank will watch Thursday's meeting for any hint they should sit tight on bets for swift ...
Dec 11, 2023
Marketmind: Rate prospects at risk as central banks meet
A look at the day ahead in European and global markets from Wayne Cole It's set to be a pivotal week as the Federal Reserve leads a quintet of rich-world central bank meetings that will test market op...
Dec 10, 2023
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