Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Nike sues New Balance, Skechers for patent infringement over sneaker technology
By Blake Brittain (Reuters) - Footwear giant Nike filed federal lawsuits on Monday against rivals New Balance and Skechers, accusing them of infringing patents related to Nike's technology for making ...
Nov 06, 2023
Fed report shows US loan officers see tighter credit, weaker demand
By Howard Schneider WASHINGTON (Reuters) - Banks tightened lending standards for U.S. businesses and households in the third quarter, but the pace of change appeared to ease, and demand for loans fell...
Nov 06, 2023
Musk’s Starlink wins bid to roll out Mexico’s rural satellite internet -documents
MEXICO CITY (Reuters) - Starlink, the satellite internet service of billionaire Elon Musk's rocket manufacturer SpaceX, has won a tender from Mexico's state energy firm to provide services through Dec...
Nov 06, 2023
Air New Zealand flags impact to operations from Pratt & Whitney engine issue
(Reuters) -Air New Zealand said on Tuesday that a change in the servicing schedule of RTX's Pratt & Whitney engines could significantly impact the airline's services for up to two years. The carrier i...
Nov 06, 2023
JetBlue CEO at trial calls Spirit merger key to taking on larger airlines
By Nate Raymond BOSTON (Reuters) - The CEO of JetBlue Airways testified in court on Monday that the company's proposed $3.8 billion acquisition of Spirit Airlines is a critical part of his plan to tur...
Nov 06, 2023
Proxy firm ISS recommends vote in favour of Brookfield-led consortium’s Origin Energy bid
By Scott Murdoch SYDNEY (Reuters) - Proxy advisory firm Institutional Shareholder Services (ISS) has recommended investors vote in favour of a Brookfield-led consortium's $10.5 billion bid for Austral...
Nov 06, 2023
GM-UAW agreement expected to include more affordable Bolt EUV
By Paul Lienert DETROIT (Reuters) - General Motors is expected build a more affordable version of the Chevrolet Bolt in Kansas and a new series of premium electric vehicles for Cadillac and Chevrolet ...
Nov 06, 2023
Moody’s places TIM B1 ratings on watch after KKR deal
(Reuters) - Credit ratings agency Moody's on Monday said it has placed Telecom Italia's B1 ratings on review for upgrade after the company announced board approval for KKR's bid for its fixed network ...
Nov 06, 2023
Suriname reaches threshold for $675 million debt exchange
(Reuters) - Suriname said on Monday its private creditors had consented to the government's offer to exchange $675 million of dollar bonds for new notes, with owners of more than 92% of the bonds by v...
Nov 06, 2023
OpenAI unveils customized AI bots; offers cheaper, more powerful models
By Krystal Hu and Anna Tong SAN FRANCISCO (Reuters) -OpenAI will enable ChatGPT users to build customized bots to handle specific tasks, and it has slashed costs on more powerful models for developers...
Nov 06, 2023
