Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
BoC likely done raising rates, to cut by mid-2024 say economists in Reuters poll
By Milounee Purohit BENGALURU (Reuters) - The Bank of Canada is probably done raising interest rates and will hold them at 5.00% for at least six months, according to a Reuters poll of economists that...
Oct 20, 2023
Russian court grants unspecified ‘interim measures’ as Baltika sues Carlsberg
MOSCOW (Reuters) - A court in St Petersburg has imposed unspecified "interim measures" against Carlsberg in favour of Baltika Breweries, court filings showed, after the Danish brewer stopped licensing...
Oct 20, 2023
Bond term premiums are now a focus for the Fed. What are they?
(Reuters) - U.S. Federal Reserve policymakers are increasingly taking the view that the rising bond yields that are tightening financial conditions in the way they have been seeking are due less to ma...
Oct 20, 2023
Medical device makers see limited hit from weight-loss drugs
(Reuters) - U.S. medical device makers do not see a big impact of new weight-loss treatments on the sales of equipment used in procedures such as bariatric surgery due to the prohibitive costs of the ...
Oct 20, 2023
US auto strike’s economic fallout starts to hurt global businesses
By Shivansh Tiwary and Raechel Thankam Job (Reuters) - Businesses ranging from airlines to auto parts makers are starting to feel the heat from the month-long strike by hourly workers at the Detroit T...
Oct 20, 2023
Analysis-Swiss franc shines as investors scramble for safe assets
By Naomi Rovnick and John Revill LONDON/ZURICH (Reuters) - The potential for the Israel-Hamas conflict to worsen and poor corporate earnings have sent investors scrambling for safety with few havens l...
Oct 20, 2023
Canada August retail sales down 0.1%, boost expectations of rate pause
OTTAWA (Reuters) - Canadian retail sales fell by 0.1% in August from July and look set to stay flat in September, Statistics Canada said on Friday, cementing expectations that the Bank of Canada will ...
Oct 20, 2023
Column-What landing? Global economy’s twin engines rev up: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - The 2024 consensus world economic and market view is shaping up to be a repeat of this year's: weaker growth and probable U.S. recession, leading to a st...
Oct 20, 2023
BofA pushes out final Fed rate hike expectation to December
(Reuters) - BofA Global Research said on Friday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate hike in December instead of November. Economists at the brokerage believe that ...
Oct 20, 2023
Ad group Interpublic misses on sales and profit as tech firms spend less
(Reuters) - Advertising group Interpublic missed Wall Street estimates for third quarter revenue and profit on Friday, as spending from its technology and telecom clients stayed muted, sending its sha...
Oct 20, 2023
Wed Jul 22
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