Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Fed’s Mester says plenty of room left to run on balance sheet drawdown
NEW YORK (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said on Friday the central bank still has plenty of space to cut the size of its holdings as a complement to its tighter...
Oct 20, 2023
Spirit Airlines cancels flights to perform ‘necessary’ inspection of aircraft
CHICAGO (Reuters) -Spirit Airlines on Friday said it has canceled a portion of its scheduled flights to perform a "necessary" inspection of a small section" of 25 planes. The company said the action i...
Oct 20, 2023
Graphite buyers to boost imports ahead of China’s curbs – analysts
By Polina Devitt and Amy Lv LONDON/BEIJING (Reuters) - Some graphite consumers will aim to accelerate imports of the EV battery ingredient from China in November before the country's export curbs for ...
Oct 20, 2023
US banking regulators extend feedback window for contentious capital proposal
By Pete Schroeder WASHINGTON (Reuters) - A trio of U.S. banking regulators announced on Friday they were giving the public extra time to digest and provide feedback on a broad proposal to raise bank c...
Oct 20, 2023
Miners race to realise graphite projects as China controls exports
By Nelson Banya and Clara Denina (Reuters) - As China moved to control some exports of key battery mineral graphite on Friday, miners elsewhere face a race against time to bring new projects to fruiti...
Oct 20, 2023
Analysis-China’s graphite curbs will accelerate plans around alternatives
By Nick Carey, Akash Sriram and Ernest Scheyder (Reuters) - China's move on Friday to curb exports of graphite, a key electric vehicle battery material, will only accelerate efforts to develop alterna...
Oct 20, 2023
Volkswagen cuts profit outlook on raw material hedges hit
FRANKFURT (Reuters) -Volkswagen on Friday cut its profit outlook for the current year due to negative effects from raw materials hedges at the end of the third quarter, Europe's largest carmaker said....
Oct 20, 2023
GM makes new offer to UAW, sees movement in all key areas
(Reuters) - General Motors said on Friday it had made a "comprehensive offer" to the United Auto Workers (UAW) union in a bid to end the month-long strike. "We have made substantial movement in all ke...
Oct 20, 2023
Fed’s Mester says Fed at or near peak for interest rate target
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said on Friday her outlook for central bank interest rate policy still leans toward another increase...
Oct 20, 2023
Mexico’s lower house OKs major tax cut for indebted state-run Pemex
MEXICO CITY (Reuters) - Mexico's lower house moved to cut a profit sharing rate owed by state-owned oil giant Pemex to 30%, from its current 40%, as part of a sweeping 2024 tax bill passed by lawmaker...
Oct 20, 2023
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