Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Commercial real estate market could struggle for years, ECB says
FRANKFURT (Reuters) - The euro zone's commercial real estate market could struggle for years, leaving bank loan books, investment funds and insurers exposed, the European Central Bank said on Tuesday....
Nov 21, 2023
Analysis-Russia basks in the oil price comfort zone ahead of OPEC+
By Vladimir Soldatkin and Olesya Astakhova MOSCOW (Reuters) - As the world's most powerful oil producers ponder further supply cuts, Russia has little incentive for a radical change as its energy reve...
Nov 21, 2023
European shares muted as financials offset gains in miners; Fed minutes on tap
(Reuters) - European shares were subdued on Tuesday as declines in financial stocks offset miners, while investors continued to look for clues to support expectations that major central banks are done...
Nov 21, 2023
BA-owner IAG projects medium-term operating margin of 12%-15%
LONDON (Reuters) - British Airways-owner IAG on Tuesday said it would see a medium-term operating margin of 12% to 15%, while its outlook for the 2023 financial year remained unchanged after strong re...
Nov 21, 2023
EU October car sales up 14.6%, EV sales jump more than 36%
By Nick Carey LONDON (Reuters) - New car sales in the European Union rose 14.6% in October, boosted in part by a big jump in sales of fully electric cars, while hybrid electric vehicles accounted for ...
Nov 21, 2023
Las Vegas hospitality unions ratify 5-year contract with Caesars
(Reuters) - Unions representing hospitality workers in Las Vegas said on Monday that thousands of members employed at Caesars Entertainment have voted to ratify a new five-year contract. The Culinary ...
Nov 21, 2023
Exclusive-France, US to propose ban on private finance to coal-fired plants at COP28 – sources
By Sarita Chaganti Singh, Kate Abnett and Valerie Volcovici NEW DELHI/BRUSSELS/WASHINGTON (Reuters) - France, backed by the United States, plans to seek a halt to private financing for coal-based powe...
Nov 21, 2023
Stellantis, CATL sign preliminary deal for LFP battery supply in Europe, consider JV
MILAN (Reuters) - Carmaker Stellantis and Chinese EV battery giant CATL said on Tuesday they signed a preliminary agreement for the supply of battery cells and modules for the automaker's electric veh...
Nov 21, 2023
Blackstone to close multi-strategy fund after assets drop nearly 90% – FT
(Reuters) - Blackstone plans to close a fund that exposes investors to a variety of hedge funds and trading strategies after assets fell almost 90% in four years, the Financial Times reported on Tuesd...
Nov 20, 2023
Marketmind: Risk rally rages on
A look at the day ahead in European and global markets from Ankur Banerjee Buoyed by a tech-fuelled rally on Wall Street, risk assets in Asia charged higher on rising expectations the Federal Reserve ...
Nov 20, 2023
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