Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Wall Street awaits ‘Santa Rally’ with US stocks near records
By Lewis Krauskopf NEW YORK (Reuters) - Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains. The S&P 500 is up over 4% in Decem...
Syndicated Content Dec 22, 2023
Texas-Mexico international rail crossings reopening
WASHINGTON (Reuters) - The Biden administration said on Friday it was reopening two key international crossings between Texas and Mexico to rail traffic five days after they had been closed. U.S. Cust...
Syndicated Content Dec 22, 2023
Not so ‘Super’ Saturday: Retailers dangle fewer discounts for inflation-weary shoppers
By Katherine Masters NEW YORK (Reuters) - Last-minute shoppers looking for late deals ahead of Christmas may find smaller discounts and fewer items marked down at major retailers including Macy's, Tar...
Syndicated Content Dec 22, 2023
Facebook’s Meta fined for breaches of Italian gambling ads ban
ROME (Reuters) - Meta Platforms, the parent company of Facebook, has become the latest tech company to be fined in Italy for breaches of a ban on the advertising of gambling. Meta has been fined 5.85 ...
Syndicated Content Dec 22, 2023
Angola’s OPEC exit opens way for more Chinese investment
By Joe Cash BEIJING (Reuters) - Angola's decision to leave the Organization of the Petroleum Exporting Countries could open the way for Beijing to increase investment in the country's oil and other se...
Syndicated Content Dec 22, 2023
US new home sales fall to one-year low in November
WASHINGTON (Reuters) - Sales of new U.S. single-family homes dropped to a one-year low in November, but the unexpected decline is probably temporary amid a chronic shortage of previously owned homes, ...
Syndicated Content Dec 22, 2023
Indian government says IMF debt warning a worst case scenario
NEW DELHI (Reuters) - The Indian government said on Friday a warning from the International Monetary Fund (IMF) that the country's debt to GDP ratio could hit 100% was a worst-case scenario, and not a...
Syndicated Content Dec 22, 2023
Barclays expects BoE to deliver rate cut in May 2024
(Reuters) - Barclays said on Friday it expects the Bank of England (BoE) to start its interest-rate cut of 25 basis points in May, compared to its previous expectation of August 2024. Britain's econom...
Syndicated Content Dec 22, 2023
Bond investors may be betting too aggressively on 2024 rate cuts, says BlackRock
By Davide Barbuscia NEW YORK (Reuters) - A year-end rally in U.S. government bonds has potentially limited further gains in some Treasury maturities, said Rick Rieder, chief investment officer of glob...
Syndicated Content Dec 22, 2023
Swedish regulator investigates Tesla suspension failures
By Marie Mannes OSLO (Reuters) -Sweden's Transport Agency said on Friday it is investigating suspension failures in Tesla cars in a probe similar to that carried out by neighbouring Norway's traffic s...
Syndicated Content Dec 22, 2023
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