Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Football helmet-maker Riddell explores sale
By Abigail Summerville (Reuters) - U.S. maker of football helmets and gear Riddell is exploring a sale, the company told Reuters, in a deal that could value it at around $800 million, people familiar ...
Nov 06, 2023
Fed’s Cook says hopes current policy setting is adequate to settle inflation
WASHINGTON (Reuters) - Federal Reserve Gov. Lisa Cook said she hopes the central bank's current target interest rate is adequate to return inflation to the Fed's 2% target. The Fed left interest rates...
Nov 06, 2023
Vivendi legal threat clouds Telecom Italia grid deal
By Elvira Pollina MILAN (Reuters) -Shares in Telecom Italia (TIM) slipped on Monday after investor Vivendi threatened a legal challenge to the former phone monopoly's plan to sell its network grid in ...
Nov 06, 2023
Air Lease doubts if Boeing, Airbus can meet annual delivery targets
(Reuters) - Air Lease on Monday cast doubt on whether planemakers Boeing and Airbus would hit their 2023 delivery targets due to quality issues at their suppliers. "Our feeling at the moment ... is th...
Nov 06, 2023
Dubai ruler approves 246.6 billion dirham budget for 2024-2026
DUBAI (Reuters) - Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum approved a budget of 246.6 billion dirham ($67.14 billion) for the emirate's government in 2024-2026, the Dubai media office said ...
Nov 06, 2023
Exclusive-Cigna explores shedding Medicare Advantage business -sources
By David Carnevali NEW YORK (Reuters) - U.S. health insurer Cigna Group is exploring the sale of its Medicare Advantage business, which provides additional benefits to those covered by federal health ...
Nov 06, 2023
ECB must remain vigilant, be ready to hike rates again, Holzmann says
VIENNA (Reuters) - The European Central Bank must remain vigilant on inflation and be prepared to raise interest rates again if needed, its policymaker Robert Holzmann said on Monday, warning that rat...
Nov 06, 2023
Fed’s Cook says rising yields not tied to monetary policy outlook
By Howard Schneider WASHINGTON (Reuters) - The recent rise in long-term U.S. bond yields does not seem to have been driven by investor expectations of further interest rate increases, Federal Reserve ...
Nov 06, 2023
Column-Leveraged funds record short Treasuries bet may be vulnerable: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - Hedge funds ended October holding a record net short position in U.S. Treasuries futures, signaling their persistence with the so-called 'basis trade', a...
Nov 06, 2023
Multi-strategy hedge funds end October with gains – sources
NEW YORK (Reuters) - Many of the world's biggest multi-strategy hedge funds crossed the finishing line of a challenging October for markets with gains, sources familiar with the matter told Reuters. M...
Nov 06, 2023
