Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
FTC seeks more information on $53 billion Chevron-Hess deal
(Reuters) - The U.S. Federal Trade Commission has sent a second request to Chevron and Hess, for additional information and documentary materials related to their $53 billion deal, the companies said ...
Dec 08, 2023
Axel Springer to close Upday in shift towards AI-based news
BERLIN (Reuters) - Axel Springer is shutting down the news outlet Upday, the German publishing giant said on Friday, in plans to revive the brand as a "trend news generator" driven by artificial intel...
Dec 08, 2023
Tesla must respect collective bargaining rights, Norway’s sovereign wealth fund says
By Terje Solsvik OSLO (Reuters) - U.S. auto maker Tesla Inc should respect fundamental labour rights, including that of collective bargaining by labour unions, Norway's $1.5 trillion sovereign wealth ...
Dec 08, 2023
Investors pile into cash, Japan equity funds see outflows – BofA
LONDON (Reuters) - Cash funds saw a mammoth $93.2 billion of inflows in the week to Wednesday, Bank of America Global Research strategists said in a report, the largest inflow since March 2023, as hig...
Dec 08, 2023
UAE markets end lower on decline in financial, industrial stocks
By Mohd Edrees (Reuters) - Stock exchanges in the United Arab Emirates closed in red on Friday, with industrial and financial stocks taking the biggest hit as investors were cautious ahead of the U.S....
Dec 08, 2023
Honeywell to buy Carrier’s security unit for $4.95 billion
(Reuters) -U.S. industrial firm Honeywell said on Friday it would buy air conditioner maker Carrier's security business for $4.95 billion. Shares of Carrier rose 4.4% to $52.9 in premarket trade. The ...
Dec 08, 2023
Calvino picked to lead European Investment Bank, in boost for Spain
BRUSSELS/MADRID (Reuters) -EU finance ministers on Friday picked Spanish Deputy Prime Minister Nadia Calvino to become the next head of the European Investment Bank in a boost for Spain's clout within...
Dec 08, 2023
Thyssenkrupp workers warn against confrontational management approach
DUESSELDORF (Reuters) - Thyssenkrupp must not divest its steel and marine units against the will of workers, the group's labour leaders said on Friday, criticising the conglomerate's top leadership fo...
Dec 08, 2023
US equity funds see outflows as investors eye economic data
(Reuters) - U.S. equity funds witnessed outflows for a second straight week in the seven days to Dec. 6 on some investor caution ahead of economic data which could provide more insights about the Fede...
Dec 08, 2023
How deep are Egypt’s economic troubles?
By Aidan Lewis and Patrick Werr CAIRO (Reuters) - Egypt holds a presidential election on Dec. 10-12 in which Abdel Fattah al-Sisi is set to secure a third term amid an economic crisis that has seen th...
Dec 08, 2023
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