Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Blackstone’s Q3 profit drops 12% on weak asset sales, misses estimates
By Chibuike Oguh NEW YORK (Reuters) - Blackstone Inc, the world's largest private equity firm, said on Thursday that its third-quarter distributable earnings fell by a steeper-than-expected 12% year-o...
Syndicated Content Oct 19, 2023
Philip Morris lifts profit forecast on higher pricing, steady demand
(Reuters) -Philip Morris International on Thursday raised annual profit forecast, after topping quarterly profit expectations, boosted by higher cigarette prices, demand for its heated tobacco product...
Syndicated Content Oct 19, 2023
Taliban says plans to formally join China’s Belt and Road Initiative
By Joe Cash BEIJING (Reuters) - The Taliban administration wants to formally join Chinese President Xi Jinping's huge 'Belt and Road' infrastructure initiative and will send a technical team to China ...
Syndicated Content Oct 19, 2023
Truist Financial profit drops 31% on lower interest income, higher loan loss provisions
(Reuters) - Truist Financial reported a near 31% drop in third-quarter profit on Thursday as the lender's interest income from mortgages and credit-card debt declined while it allocated more funds tow...
Syndicated Content Oct 19, 2023
Longer-duration bonds attractive amid widening spread as recession looms -PIMCO’s Chang
By Anisha Sircar (Reuters) - A widening spread between long- and short-term U.S. bond yields makes longer duration assets more attractive for investors as a recession looms in an uncertain macroeconom...
Syndicated Content Oct 19, 2023
Japan’s bank lobby head warns of hit to economy from rising yields
TOKYO (Reuters) - Japan's banking lobby head Masahiko Kato warned on Thursday further rises in long-term interest rates could hurt the economy as he spoke in the wake of an increase in the 10-year bon...
Syndicated Content Oct 19, 2023
AT&T lifts annual free cash flow target, tops subscriber additions estimates
(Reuters) - Wireless carrier AT&T raised its annual free cash flow forecast on Thursday as its quarterly subscriber additions trounced estimates on the back of promotions and phone upgrades, sending i...
Syndicated Content Oct 19, 2023
Tesla tumbles as Wall St raises doubt over growth outlook
(Reuters) - Tesla tumbled 5% on Thursday as Wall Street analysts questioned its ability to maintain the runaway growth that has for years set the electric-vehicle maker apart from other automakers. CE...
Syndicated Content Oct 19, 2023
As Google pushes deeper into AI, publishers see fresh challenges
By Helen Coster NEW YORK (Reuters) - You may never have to read another news story in your life, if you have artificial intelligence that can digest all the web's information and serve up a summary on...
Syndicated Content Oct 19, 2023
Analysis-After US IPO stumbles, companies under pressure to offer bargains
By Echo Wang NEW YORK (Reuters) - Companies pursuing U.S. initial public offerings (IPOs) after a string of lackluster stock market debuts are receiving advice from investment bankers to lower their v...
Syndicated Content Oct 19, 2023





