Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Russian distributor to launch sales of Adidas, Reebok goods- Kommersant
MOSCOW (Reuters) - A Russian distributor of Western sports brands will start selling Adidas and Reebok products as soon as this week, despite the companies' departure from the market over the war in U...
Dec 06, 2023
Toyota to sell entire stake in Japan’s Harmonic Drive Systems – filing
TOKYO (Reuters) -Harmonic Drive Systems, a Japanese maker of speed reducers, said on Wednesday that Toyota Motor will sell its entire stake in the company in the open market overseas. The move could f...
Dec 06, 2023
EU should join Africa on WTO reform to counter China -IW study
By Sarah Marsh BERLIN (Reuters) - The EU should join forces with African countries to reform the World Trade Organization's (WTO) subsidy rules as a way to counter Chinese market distortions and diplo...
Dec 06, 2023
Analysis-Moody’s outlook cut complicates Beijing’s ‘war’ against market bears
SHANGHAI/HONG KONG (Reuters) - Moody's negative outlook on China has intensified Beijing's battle with market bears, raising pressure on the government for more forceful measures to prop up sinking st...
Dec 06, 2023
World Bank’s Banga calls for record replenishment of fund for poorest countries
By David Lawder (Reuters) - World Bank President Ajay Banga on Wednesday called on member countries to make the next replenishment of the lender's fund for the world's poorest countries the largest ev...
Dec 06, 2023
Column-Deflating ‘QT cushion’ may have raised red Fed flag: Mike Dolan
By Mike Dolan LONDON (Reuters) - Any real economy crunch from the U.S. Federal Reserve's balance sheet rundown may have been softened to date, but the air is rapidly escaping from one of its key cushi...
Dec 06, 2023
China’s exports slump seen slowing as pockets of demand emerge- Reuters poll
By Joe Cash BEIJING (Reuters) - Declines in China's exports likely slowed in November, a Reuters poll showed on Wednesday, amid mixed signs factories in the world's second-largest economy may be findi...
Dec 05, 2023
Marketmind: Optimism over peaking rates propels stocks
A look at the day ahead in European and global markets from Kevin Buckland European stocks are set for a bullish start if they follow the Asia-Pacific lead, buoyed by a drop in bond yields on deepenin...
Dec 05, 2023
Thai business group keeps 2023 growth forecast at 2.5%-3.0%
BANGKOK (Reuters) - Thailand's economy is expected to grow 2.5% to 3.0% this year, unchanged from a previous forecast, a leading joint business group said on Wednesday. Tourism revenue will be lower t...
Dec 05, 2023
Twitch to shut down in South Korea due to high costs
(Reuters) - Amazon's streaming unit Twitch on Tuesday said it will shut down operations in South Korea in February next year, due to high operating costs and network fees. "Twitch has been operating i...
Dec 05, 2023
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