Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
BlackRock warns of US earnings stagnation, remains bullish on AI, Japan
By David Randall NEW YORK (Reuters) - Investors looking toward U.S. corporate earnings growth to revive the rally in the benchmark S&P 500 may be disappointed as inflation remains volatile, strategist...
Oct 23, 2023
Bitcoin rises 3.95% to $31,187
(Reuters) - Bitcoin rose 3.95% to $31,187 at 17:05 GMT on Monday, adding $1,185 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up 17.5% from the year's low of $2...
Oct 23, 2023
Vanguard bets on long-term US Treasuries after ‘cruel summer’ for bond investors
By Davide Barbuscia NEW YORK (Reuters) - U.S. asset manager Vanguard is bullish on longer-dated Treasuries after this year's brutal selloff, betting that the Federal Reserve is at the end of its rate ...
Oct 23, 2023
Colombia central bank to keep rate stable, won’t cut until December: Reuters poll
By Nelson Bocanegra BOGOTA (Reuters) - Colombia's central bank board will keep its interest rate stable at its meeting next week, a Reuters poll forecast on Monday, amid uncertainty over the impact of...
Oct 23, 2023
Billionaire investor Ackman says ‘covered our bond short’
(Reuters) - Bill Ackman's hedge fund Pershing Square Capital Management has covered its bond short position, the billionaire investor posted on Monday, saying it was too risky to remain short bonds at...
Oct 23, 2023
U.S. Treasury sees ‘potential improvement’ in sovereign debt cases
By Andrea Shalal WASHINGTON (Reuters) - A senior U.S. Treasury official on Monday said there were signs of "potential improvement" in sovereign debt restructuring cases and more vulnerable countries w...
Oct 23, 2023
Turkish central bank expected to raise rates to 35% on Oct. 26 – Reuters poll
By Ezgi Erkoyun ISTANBUL (Reuters) - Turkey's central bank is expected to deliver another hefty rate hike of 500 basis points this week, a Reuters poll of economists showed on Monday, as it continues ...
Oct 23, 2023
EU lawmakers face struggle to reach agreement on AI rules -sources
By Supantha Mukherjee and Foo Yun Chee STOCKHOLM/BRUSSELS (Reuters) - European lawmakers are yet to agree on several issues related to new artificial intelligence rules ahead of a crucial meeting on T...
Oct 23, 2023
UAW expands strike against Stellantis, hitting pickup truck plant
By David Shepardson and Joseph White WASHINGTON/DETROIT -The United Auto Workers (UAW) union went on strike at Chrysler-parent Stellantis's largest assembly plant on Monday, hitting the automaker's pr...
Oct 23, 2023
Luxury slowdown further challenges Gucci revival
By Mimosa Spencer PARIS (Reuters) - French luxury group Kering's sales are likely to have slowed again in the third quarter as it seeks to reignite its star label Gucci under a new creative direction ...
Oct 23, 2023
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