Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Brazil cenbank chief says external scenario has not affected FX, balance of risks
BRASILIA (Reuters) -Brazil's central bank chief Roberto Campos Neto said on Friday that the increased level of concern among policymakers about the external scenario has not changed to the extent of a...
Nov 17, 2023
ArcelorMittal suspends output in Bosnia as steel demand drops
SARAJEVO (Reuters) - ArcelorMittal said on Friday it had temporarily halted output at its Bosnia steel plant and at mines that supply it with iron ore due to a drop in demand in the European steel mar...
Nov 17, 2023
Embraer could reach $10 billion compound annual growth rate by 2023
WASHINGTON (Reuters) - Brazilian planemaker Embraer has the potential to reach a compound annual growth rate of $10 billion by 2030 without its electric air taxi subsidiary Eve Holding, Embraer's chie...
Nov 17, 2023
Hedge fund Qube makes $835 million bet against HSBC shares
LONDON (Reuters) - Hedge fund Qube Research & Technologies has made a 672 million pound ($835.43 million) bet against the shares of HSBC, a regulatory filing showed. The hedge fund, spun out from Cred...
Nov 17, 2023
Apple files legal challenge to EU’s Digital Markets Act
By Martin Coulter LONDON (Reuters) -Apple has filed a legal case contesting decisions taken by the European Commission under its recently-introduced Digital Markets Act, according to a post shared by ...
Nov 17, 2023
Amazon.com to cut ‘several hundred’ Alexa jobs
By Greg Bensinger (Reuters) -Amazon.com on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing shifting business priorities and a greater focus on generative artificial inte...
Nov 17, 2023
UAW workers at Stellantis ratify labor contract with automaker
United Auto Workers (UAW) members at Stellantis NV have voted in favor of a tentative labor deal, the union's vote tracker showed on Friday, cementing a historical contract with record pay hikes. (Rep...
Nov 17, 2023
US single-family housing starts rise slightly in October
WASHINGTON (Reuters) - U.S. single-family homebuilding increased marginally in October and activity could remain moderate in the near term amid higher mortgage rates, which saw confidence among builde...
Nov 17, 2023
Boston Fed’s Collins: Central bank needs better view of full employment
By Howard Schneider BOSTON (Reuters) - Improvements in labor supply that seem to occur as the overall job market gets tighter means Federal Reserve policymakers may need to worry less about inflation ...
Nov 17, 2023
Lilly to build $2.5 billion diabetes drug plant in Germany
By Klaus Lauer and Ludwig Burger (Reuters) - Eli Lilly will build its first plant in Germany for 2.3 billion euros ($2.5 billion) in the western town of Alzey, the U.S. pharmaceuticals maker said on F...
Nov 17, 2023
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