Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Indian economy expected to sustain strong growth amid global gloom
By Aftab Ahmed NEW DELHI (Reuters) - Indian economy is likely to continue its strong growth in the quarter to end of September, helped by a solid urban consumption and government spending, outpacing a...
Nov 29, 2023
Phillips 66 to continue ‘constructive dialogue’ with Elliott Investment
(Reuters) - Phillips 66 said on Wednesday it "plans to continue a constructive dialogue" with Elliott Investment Management after the company asked the U.S. refiner to revamp its board to boost laggin...
Nov 29, 2023
Brookfield’s revised ‘complex’ offer not in best interest of shareholders – Origin
(Corrects to say Origin Energy recommends Brookfield's original bid, not revised proposal in first and fourth paragraph) (Reuters) -Australia's biggest energy retailer Origin Energy said on Thursday t...
Nov 29, 2023
Elon Musk curses out advertisers who left X over antisemitic content
(Please note strong language in paragraphs 1 and 6) By Sheila Dang (Reuters) - Billionaire Elon Musk told advertisers that have fled his social media platform X over antisemitic content to "Go fuck yo...
Nov 29, 2023
South Korea Oct factory output falls most in 10 months on weaker chip production
SEOUL (Reuters) -South Korea's factory output unexpectedly fell on weaker chip production in October and posted the biggest drop in 10 months, official data showed on Thursday. The industrial output i...
Nov 29, 2023
Canada set to announce sole-source contract to Boeing for maritime patrol aircraft -source
(Reuters) - Canada is set to announce on Thursday a multi-billion dollar sole-source contract for Boeing Co's P-8 Poseidon maritime patrol aircraft to replace the country's military surveillance plane...
Nov 29, 2023
Brazil’s Embraer gets new order from Canada’s Porter Airlines for 25 more jets
SAO PAULO (Reuters) - Brazilian planemaker Embraer said on Wednesday that Canada's Porter Airlines placed a firm order for an additional 25 E195-E2 aircraft for $2.1 billion. The deal, which will be a...
Nov 29, 2023
Factbox-Phillips 66’s refining operations come under activist radar
(Reuters) - Activist investor Elliott Investment Management revealed a $1 billion stake in U.S. refiner Phillips 66 on Wednesday, calling for a boardroom overhaul and criticizing management for taking...
Nov 29, 2023
Broadcom to review strategic options for two VMware units – Insider
(Reuters) - U.S. chipmaker Broadcom will review strategic options for two business units of VMware, Insider reported on Wednesday, citing a leaked email from CEO Hock Tan to employees. Broadcom closed...
Nov 29, 2023
Snowflake forecasts product revenue above estimates as AI propels customer spending
(Reuters) - Snowflake forecast quarterly product revenue above estimates on Wednesday, as increasing adoption of artificial intelligence boosted demand for its data cloud offerings. Shares of the Boze...
Nov 29, 2023
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