Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Brazil unveils tax benefits for firms to boost investments
SAO PAULO (Reuters) - Brazil's Vice President Geraldo Alckmin on Sunday unveiled government measures aimed at providing companies with tax benefits so they can buy new machinery and invest in transpor...
Dec 31, 2023
US economic data points to ‘real momentum’ for 2024, White House says
By Andrea Shalal (Reuters) - Higher consumer spending over the holiday season, real wage gains over the last nine months and a jump in consumer confidence point to a good start for 2024, said Jared Be...
Dec 31, 2023
China’s Li Auto expects to launch first fully electric EV in March
(Reuters) - China's Li Auto Inc said on Sunday it expects to launch and begin deliveries of its first fully electric car in March. Li Auto has already started taking pre-orders in China for its MEGA m...
Dec 31, 2023
Xi says China to consolidate and enhance economic recovery in 2024
BEIJING (Reuters) - President Xi Jinping said on Sunday that China will consolidate and enhance the positive trend of its economic recovery in 2024, and sustain long-term economic development with dee...
Dec 31, 2023
Struggling Caracas restaurants, bars offer tour to boost sales
By Efrain Otero CARACAS (Reuters) -Several bars and restaurants in Venezuela's capital Caracas are offering an eight-hour tour where customers visit each establishment in a bid to boost low sales at a...
Dec 31, 2023
China’s Dec factory activity contracted more than expected
BEIJING (Reuters) - China's manufacturing activity contracted for the third consecutive month in December, an official factory survey showed on Sunday, as factories struggled with weak demand, cloudin...
Dec 30, 2023
Analysis-How China talked markets out of a run on the yuan
SINGAPORE (Reuters) - In recent months, China has sought to stabilise the yuan by orchestrating buying by state banks and giving market guidance to bankers. The strategy of moral suasion marks a sharp...
Dec 30, 2023
OpenAI annualized revenue tops $1.6 billion- The Information
(Reuters) - OpenAI's annualized revenue recently topped $1.6 billion on strong growth from its ChatGPT product, up from $1.3 billion as of mid-October, the Information reported on Saturday citing peop...
Dec 30, 2023
China’s central bank agrees Ant Group’s Alipay has no controller
BEIJING (Reuters) - China's central bank has agreed that popular payment app Alipay has no controller following a sweeping business overhaul of Jack Ma's Ant Group, the fintech giant that owns the app...
Dec 30, 2023
Swiss financial watchdog wants to examine clawing back bankers’ bonuses
ZURICH (Reuters) - Switzerland's financial regulator wants to discuss the ability to claw back bonuses from bankers as part of stronger powers following the fall of Credit Suisse and sale to UBS. "The...
Dec 30, 2023
