Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Germany looks for budget fix as steel firms bemoan loss of confidence
By Andreas Rinke and Christoph Steitz BERLIN/FRANKFURT (Reuters) - Germany's coalition hunkered down to fix a budget crisis with Chancellor Olaf Scholz telling party members behind closed doors that t...
Nov 23, 2023
Turkey central bank hikes rate sharply, sees peak soon
By Nevzat Devranoglu ANKARA (Reuters) -Turkey's central bank raised its policy rate by a larger-than-expected 500 basis points to 40% on Thursday and said the pace of monetary tightening would slow as...
Nov 23, 2023
Women founders get tiny fraction of venture funding – report
STOCKHOLM (Reuters) - Women across northwestern Europe received a tiny fraction of venture capital raised in 2023, with all-female founding teams receiving 0.6% in France, 1% in the Nordic countries, ...
Nov 23, 2023
Explainer-Global fossil fuel subsidies on the rise despite calls for phase-out
By Sarah McFarlane (Reuters) - World governments agreed at the COP26 climate summit in Glasgow two years ago to phase out "inefficient" fossil fuel subsidies to help fight global warming. Since then, ...
Nov 23, 2023
OECD: German budget crisis could slow down EU economy
BERLIN (Reuters) - The Organisation for Economic Cooperation and Development (OECD) warned on Thursday that Germany's budget crisis, which has called into question billions of euros in planned spendin...
Nov 23, 2023
Disney says 518 million Indian users watched cricket World Cup on TV
BENGALURU (Reuters) - A record 518 million Indian viewers watched the recently concluded men's cricket World Cup matches on Walt Disney-owned television channels during the 48-day event, the entertain...
Nov 23, 2023
UK voters face ‘living standards disaster’, think tank says
By William Schomberg LONDON (Reuters) - British voters are set to suffer a "living standards disaster", despite finance minister Jeremy Hunt's new tax cut plan, because of the unprecedented fall in ho...
Nov 23, 2023
Swedish Riksbank holds rates steady, threatened hike in 2024 seen unlikely
By Simon Johnson STOCKHOLM (Reuters) -Sweden's central bank kept its policy rate on hold at 4.00% on Thursday and said it was ready to hike again if inflation proved stubborn, though analysts now expe...
Nov 23, 2023
In Quito and Harare, advice and warnings about dollarization for Argentina
By Tito Correa, Nyasha Chingono and Miguel Lo Bianco QUITO/HARARE/BUENOS AIRES (Reuters) - From Zimbabwe's capital Harare to Quito in Ecuador, green bills circulating on the streets and in shops with ...
Nov 23, 2023
Turkey’s clothing makers face rising costs from push to help textile sector
By Ceyda Caglayan ISTANBUL (Reuters) - Turkish clothing manufacturers, the third-largest suppliers of apparel to Europe, face higher production costs and risk falling further behind their Asian rivals...
Nov 23, 2023
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