Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Marelli plant closure forewarns painful electric vehicle transition
By Giulio Piovaccari and Giselda Vagnoni CREVALCORE, Italy (Reuters) - Around 230 workers in Italy's "Motor Valley" have begun striking over the planned closure of their auto parts factory, an early c...
Oct 30, 2023
Panasonic cuts battery unit’s operating profit forecast by 15% for financial year
TOKYO (Reuters) -Japan's Panasonic Holdings on Monday cut the operating profit forecast for its energy unit that makes automotive batteries by 15%, as it warned of slowing demand for high-end electric...
Oct 30, 2023
Santander readies sale of bad assets worth 5 billion euros- Cinco Dias
MADRID (Reuters) - Spain's Santander is planning to sell toxic real estate assets with a nominal value of up to 5 billion euros ($5.28 billion), Spanish daily Cinco Dias reported on Monday. The asset ...
Oct 30, 2023
Swiss National Bank adjusts interest on bank deposits
ZURICH (Reuters) - The Swiss National Bank on Monday said it was adjusting the interest it pays with money commercial banks lodged with the central bank overnight. Sight deposits which are held to mee...
Oct 30, 2023
China’s Oct factory activity likely rose as economy finds footing: Reuters poll
By Joe Cash BEIJING (Reuters) - China's manufacturing activity likely expanded for a second straight month in October, a Reuters poll showed on Monday, suggesting recent support measures are helping b...
Oct 30, 2023
South Korea Oct exports set to expand for first time in 13 months: Reuters poll
By Jihoon Lee SEOUL (Reuters) - South Korea's exports likely snapped a year-long downturn and swung to growth in October on solid demand in the United States and rising shipments of chips though soft ...
Oct 30, 2023
Marketmind: Markets hold their nerve amid Mid East trouble
By Wayne Cole (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. It's been a cautious start in Asian markets as Israeli troops backed by tanks pressed into northern Ga...
Oct 30, 2023
UAW’s record deal could boost others’ wages as labor notches another victory
By Bianca Flowers and Lisa Baertlein (Reuters) - The tentative agreement reached between the United Auto Workers and two of the Detroit Three automakers marks another victory for labor unions that hav...
Oct 30, 2023
Chevron-Hess deal may lift Bakken oil output, but no return to boom days
By Stephanie Kelly NEW YORK (Reuters) - Chevron's deal announced last week to buy Hess, one of the largest operators in the Bakken shale play in North Dakota, could raise oil output there marginally b...
Oct 30, 2023
In the Market-Treasury market braces for seismic SEC rule
By Paritosh Bansal (Reuters) - Treasury market participants expect U.S. regulators to soon finalize a major rule aimed at reining in debt-fueled bets by hedge funds and bolstering financial stability....
Oct 30, 2023
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