Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
US Treasury yield curve to steepen next year as Fed cuts rates, says BofA
By Davide Barbuscia NEW YORK (Reuters) - The U.S. Treasury yield curve, which plots the yields of different government bond maturities, will likely steepen in 2024 as the Federal Reserve will start cu...
Nov 29, 2023
U.S. bank profits slow on lower noninterest income, higher realized losses
By Pete Schroeder WASHINGTON (Reuters) - U.S. banks reported Wednesday a slowdown in profits in the third quarter of the year, as lower noninterest income and higher realized losses on bank investment...
Nov 29, 2023
Spain and Brazil leaders to discuss EU-Mercosur deal at COP – sources
MADRID/BRASILIA (Reuters) - Spanish Prime Minister Pedro Sanchez and Brazilian President Luiz Inacio Lula da Silva will meet at the COP28 climate conference in Dubai to discuss the conclusion of negot...
Nov 29, 2023
Global firms rush to buy Alipay’s stake in India’s Zomato
(Reuters) - Global money managers and banks ranging from Vanguard to Goldman Sachs as well as the Singapore government rushed to grab a slice of Zomato after Chinese payments group Alipay offloaded it...
Nov 29, 2023
Most Canadian financial institutions skeptical on digital C$ -BoC
OTTAWA (Reuters) -Most financial institutions consulted by the Bank of Canada (BoC) expressed skepticism about the benefits of a potential digital currency, the central bank said on Wednesday. Canada,...
Nov 29, 2023
Russian industrial output growth slows as unemployment drops to record low
By Alexander Marrow and Darya Korsunskaya MOSCOW (Reuters) - Russia's industrial output growth slowed in October as the unemployment rate dropped to a record low 2.9%, federal statistics showed on Wed...
Nov 29, 2023
Fed’s Barkin wants rate hike option, no talk of rate cuts
(Reuters) - Richmond Federal Reserve Bank President Thomas Barkin on Wednesday said he is "skeptical" that inflation is on its way down to 2%, and wants the option of another rate hike in case inflati...
Nov 29, 2023
Instacart partners with Peacock to offer streaming content to US subscribers
(Reuters) - Instacart said on Wednesday it had partnered with NBCUniversal's Peacock to provide the streaming service at no extra cost to all paying U.S. subscribers of the grocery delivery firm. In r...
Nov 29, 2023
China’s Powerlong Real Estate warns of debt default risk
(Reuters) - Powerlong Real Estate said on Wednesday its cash on hand and bank deposits would not be enough to cover existing and future debt, making it the latest Chinese property developer that could...
Nov 29, 2023
Foot Locker to step into India, inks deals with Metro Brands, Nykaa
By Hritam Mukherjee BENGALURU (Reuters) -Foot Locker will enter the Indian market in 2024 in partnership with local peer Metro Brands and cosmetics-to-fashion retailer Nykaa, the U.S.-based athleisure...
Nov 29, 2023
Sat Jul 4
Nashville, TN, USA
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