Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
BAE on track as orders flow amid heightened geopolitical risk
LONDON (Reuters) -BAE Systems maintained its guidance for annual earnings to rise as much as 12% as orders for military kit continued to flow at a time of heightened geopolitical risk, benefiting Brit...
Nov 13, 2023
APEC’s growth to slow as persistent inflation, US-China tensions weigh-report
By David Lawder SAN FRANCISCO (Reuters) - Economic growth among Asia Pacific Economic Cooperation countries is expected to decline next year and remain below the global average as higher interest rate...
Nov 13, 2023
Greek state bank bailout fund sells 9% of Alpha bank to Unicredit
ATHENS (Reuters) - Greece's state-controlled bank bailout fund HFSF said on Monday it sold its 9% stake in Alpha Bank to UniCredit after an improved bid by the Italian bank. UniCredit announced last m...
Nov 13, 2023
Japan’s Ajinomoto to buy US-based Forge Biologics for $546 million
TOKYO (Reuters) -Japan's Ajinomoto said on Monday it agreed to acquire U.S.-based genetic medicines maker Forge Biologics Holdings for 82.8 billion yen ($546 million). The transaction is expected to b...
Nov 13, 2023
Volkswagen cost-cutting may include administrative jobs -Handelsblatt
BERLIN (Reuters) -Volkswagen could cut administrative personnel jobs as part of savings and cost-cutting measures amounting to 10 billion euros ($10.8 billion) by 2026, the Handelsblatt daily reported...
Nov 13, 2023
Ford’s production workers at Kentucky, Louisville vote against new labor deal
(Reuters) - The United Auto Workers (UAW) production workers at Ford's Louisville assembly and Kentucky truck plants have voted against a proposed four-and-a-half year contract, while the skilled trad...
Nov 12, 2023
Sri Lanka’s budget will strive to return economy to growth, meet IMF targets
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's government will be walking a tight rope in setting out its 2024 budget plan later on Monday as it tries to keep an IMF-led bailout programme afloat...
Nov 12, 2023
Marketmind: Chip stocks cheered while the rest retreat
A look at the day ahead in European and global markets from Kevin Buckland Chip stocks gave Asian equity investors some small bit of cheer to start the week, picking up where Wall Street left off whil...
Nov 12, 2023
Fitch plans to withdraw ratings of Country Garden Services
(Reuters) - Global ratings agency Fitch said on Monday it plans to withdraw all the ratings on China's Country Garden Services Holding on or about Dec. 12 for commercial reasons. "Fitch believes that ...
Nov 12, 2023
China weighs ending freeze on Boeing purchases with 737 Max deal in US -Bloomberg News
(Reuters) - China is considering resuming purchases of Boeing's 737 Max aircraft when the U.S. and Chinese presidents meet this week, Bloomberg News reported, citing people familiar with the matter. T...
Nov 12, 2023
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