Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Reuters NEXT-BofA CEO expects soft landing for US economy
(Reuters) -Bank of America CEO Brian Moynihan on Wednesday reiterated his expectation of a soft landing for the U.S. economy, saying the lender was seeing a slowdown in consumer spending. Here are som...
Nov 08, 2023
Factbox-What you need to know about Ampere, Renault’s EV unit
PARIS (Reuters) - French car maker Renault on Wednesday officially launched its electric vehicle unit Ampere, which was carved out from Renault's other operations on Nov. 1. Having pioneered the marke...
Nov 08, 2023
Target seeks to toss shareholder lawsuit over Pride backlash
By Jody Godoy (Reuters) - Target asked a Florida judge to dismiss a shareholder lawsuit that alleged the retailer ignored risks of offering LGBTQ-themed merchandise for Pride Month, saying the case ha...
Nov 08, 2023
Explainer-How tycoon and Chrysler Building owner Benko lost grip of his empire
By Matthias Inverardi, Alexandra Schwarz-Goerlich and Tom Sims VIENNA/DUESSELDORF/FRANKFURT (Reuters) - Rene Benko, one of Europe's most prominent property tycoons, on Wednesday relinquished the chair...
Nov 08, 2023
US lawmakers want Biden to hike tariffs on Chinese-made vehicles
WASHINGTON (Reuters) - A bipartisan group of U.S. lawmakers want the Biden administration to hike tariffs on Chinese-made vehicles and investigate taking steps to prevent Chinese companies from export...
Nov 08, 2023
Signa founder Benko hands reins of property empire to Geiwitz
VIENNA/FRANKFURT (Reuters) - Signa Group founder and prominent European property tycoon Rene Benko is handing over chairmanship of the real estate company he founded to restructuring expert Arndt Geiw...
Nov 08, 2023
JPMorgan, Bpifrance to invest $60M in French female-led funds
By Mathieu Rosemain PARIS (Reuters) - JPMorgan on Wednesday said it is teaming up with Bpifrance to invest around $60 million in private investment firms led by women in France, where the bank has its...
Nov 08, 2023
Sberbank CEO expects ‘serious cooling’ in Russian mortgage market
By Elena Fabrichnaya MOSCOW (Reuters) - Russia's biggest bank Sberbank expects a sharp cooling of the mortgage market following an expected 80% rise in mortgage lending this year, CEO German Gref said...
Nov 08, 2023
Coca Cola HBC withdraws some drinks in Croatia while illnesses investigated
ZAGREB (Reuters) - Croatia's state inspection office on Wednesday ordered the local arm of bottling company Coca Cola HBC to withdraw batches of two soft drinks from sale while investigations are carr...
Nov 08, 2023
Warburg Pincus to launch tender offer for Brazil’s Alper
(Reuters) - U.S.-based private equity firm Warburg Pincus intends to launch a tender offer to acquire control of Brazilian insurance group Alper at a 19.2% premium over its Tuesday closing price, the ...
Nov 08, 2023
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