Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Brazil Supreme Court suspends $2 billion fine on JBS owner
BRASILIA (Reuters) - A Brazilian Supreme Court justice suspended a 10.3 billion real ($2.10 billion) fine on J&F, the firm that controls the world's largest meatpacker, JBS, according to a decision se...
Syndicated Content Dec 20, 2023
Colombia announces winners in ‘historic’ 5G data services auction
BOGOTA (Reuters) - Colombia picked four telecommunications firms as winners of a fifth-generation (5G) data services auction on Wednesday in a bid to attract investment and join regional peers like Ar...
Syndicated Content Dec 20, 2023
Global rally shudders to halt
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Investors in Asia go into Thursday's trading session on the defensive, after a late slide on Wall Street took the shine off figu...
Syndicated Content Dec 20, 2023
Citigroup to shut global distressed-debt business – CNBC
(Reuters) - U.S. lender Citigroup is closing its global distressed-debt business as part of CEO Jane Fraser's overhaul, CNBC reported on Wednesday citing people with direct knowledge of the matter. Ci...
Syndicated Content Dec 20, 2023
Morgan Stanley mulls private credit fund bet with balance sheet – Bloomberg News
(Reuters) - Lender Morgan Stanley is discussing allocating a portion of its balance sheet into a new private credit fund that would include capital from external investors, Bloomberg News reported on ...
Syndicated Content Dec 20, 2023
Micron forecasts strong second-quarter revenue
(Reuters) - Memory chipmaker Micron Technology forecast quarterly revenue above market estimates on Wednesday as memory demand and pricing begins to recover after one of the most significant downturns...
Syndicated Content Dec 20, 2023
Fire at Detroit-area EV plant likely caused by forklift hitting batteries – GM
(Reuters) - General Motors said on Wednesday a fire at its Factory Zero Detroit-Hamtramck was likely caused by a forklift accidentally puncturing a container with battery materials, according to the a...
Syndicated Content Dec 20, 2023
Warner Bros Discovery, Paramount Global in talks to merge – Axios
(Reuters) -Warner Bros Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday in New York City to discuss a possible merger, Axios reported citing multiple sources. Warner Bros...
Syndicated Content Dec 20, 2023
Tingo Group CEO temporarily steps down after US SEC charges
(Reuters) - Tingo Group said on Wednesday that Nigerian businessman Dozy Mmobuosi has temporarily stepped down as interim co-CEO of the fintech firm after the U.S. Securities and Exchange Commission (...
Syndicated Content Dec 20, 2023
US business equipment borrowings flat year-on-year in November – ELFA
(Reuters) - U.S. companies borrowing rate remained flat in November compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Wednesday. Companies signed up for ne...
Syndicated Content Dec 20, 2023





