Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Special Report-U.S. wants to contain China’s chip industry. This startup shows it won’t be easy
By John Shiffman and Joshua Schneyer WASHINGTON (Reuters) - WASHINGTON-Last year, a veteran Silicon Valley software executive took the helm of a startup in his native China, company records show. The ...
Dec 29, 2023
Futures inch up, firm rate cut bets drive strong gains in 2023
(Reuters) - U.S. stock index futures edged up in light trading on the final day of a turbulent 2023, with the benchmark S&P 500 and the Dow hovering around record-highs on growing expectations the Fed...
Dec 29, 2023
Electricity in the air for one Cuban couple’s two-wheeler wedding procession
By Mario Fuentes and Alien Fernandez HAVANA (Reuters) - Wedding processions on wheels are nothing new along Havana's famous seafront drive, the Malecon, but this week electric motorcycles and scooters...
Dec 29, 2023
Hapag-Lloyd: will continue to divert vessels from the Suez Canal
BERLIN (Reuters) -Hapag-Lloyd has decided to continue diverting its vessels around the Suez Canal for security reasons, a spokesperson for the German container shipper told Reuters on Friday, adding a...
Dec 29, 2023
U.S. drivers hope for lower pump prices in 2024 as gasoline stocks climb
By Shariq Khan (Reuters) - American drivers can expect lower motor fuel costs for a second-straight year in 2024 as a jump in global refining capacity and a surplus in U.S. gasoline stocks drive down ...
Dec 29, 2023
JD.com wins antimonopoly lawsuit against Alibaba
BEIJING (Reuters) -Chinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was fined 1 billion yuan ($140.68 million) for monopolistic practices. The High Peop...
Dec 29, 2023
China to adjust currency weighting in CFETS yuan basket in 2024
BEIJING (Reuters) - China will adjust the weightings of a key yuan index basket in 2024, the country's foreign exchange trade platform said on Friday. Starting on Jan. 1, the China Foreign Exchange Tr...
Dec 29, 2023
European shares rise on last trading day of the year, set for yearly gains
(Reuters) - Media stocks led an advance in European shares early on Friday, setting the index up for strong yearly gains amid rising hopes of a softer monetary policy from major central banks next yea...
Dec 29, 2023
Signa Development files for insolvency with $1.3 billion in debts -KSV
FRANKFURT (Reuters) -Signa Development, a key division of European property company Signa, filed for insolvency on Friday in a Vienna court with debts of around 1.16 billion euros ($1.28 billion), the...
Dec 29, 2023
Take Five: A quiet start to 2024? No way
LONDON (Reuters) - There's not much time to get over the New Year's partying: the most closely watched U.S. economic release and key euro area inflation data are on the calendar in the week ahead, sug...
Dec 29, 2023
