Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Fed’s Williams touts need for more market data transparency
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of New York President John Williams said Thursday good data is key for market participants, central banks and regulators, and more should ...
Nov 16, 2023
US import prices post largest drop in seven months
WASHINGTON (Reuters) - U.S. import prices fell more than expected in October amid a broad decline in the costs of goods, the latest indication that inflation was retreating. Import prices dropped 0.8%...
Nov 16, 2023
Leonardo focuses on European alliances as it trims DRS stake in US
By Giulia Segreti and Alvise Armellini ROME (Reuters) - Italy's Leonardo is trimming its stake in U.S. unit DRS as new CEO Roberto Cingolani looks to expand the state-controlled group with major roles...
Nov 16, 2023
US Commerce Dept removes Chinese agency from entity list
WASHINGTON (Reuters) -The U.S. Commerce Department said on Thursday it has removed the Chinese Ministry of Public Security's Institute of Forensic Science from its entity list in a bid to convince Bei...
Nov 16, 2023
US weekly jobless claims rise more than expected
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased more than expected last week, suggesting that labor market conditions continued to ease, which coul...
Nov 16, 2023
Emerging markets to gain from Fed easing, better growth prospects: Amundi’s Berardi
By Anisha Sircar (Reuters) - Europe's largest fund manager, Amundi's investment institute, expects emerging markets (EM) to benefit next year from better economic prospects than developed markets, and...
Nov 16, 2023
Starbucks employees at hundreds of US stores walkout on Red Cup day
By Granth Vanaik (Reuters) -Workers at hundreds of Starbucks stores have begun walking off their jobs during a key promotional event on Thursday, demanding improved staffing and schedules, the Workers...
Nov 16, 2023
BlackRock woos investors for ethereum trust to further crypto push
(Reuters) - Asset management giant BlackRock on Thursday began courting public investors for an ethereum trust, doubling down on its cryptocurrency bets amid potentially easing regulations over such i...
Nov 16, 2023
Cisco slumps after cutting annual profit, revenue forecasts
(Reuters) - Cisco tumbled 11% on Thursday after cuts to its annual forecasts raised fears that excess inventory with customers was sapping new orders in its mainstay networking equipment business. The...
Nov 16, 2023
Systematic hedge funds pummeled in post-U.S. CPI stocks rally – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) - Global hedge funds that use algorithms to trade suffered their second worst single day this year on Tuesday, as softer than expected U.S. inflation numbers sparked...
Nov 16, 2023
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