Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Major cyber attack could cost the world $3.5 trillion -Lloyd’s of London
LONDON (Reuters) - A major cyber attack on a financial services payments system could lead to global losses of $3.5 trillion, with much of it not covered by insurance, commercial insurance market Lloy...
Oct 18, 2023
Analysis-China’s growth surprise is not tempting investors
By Rae Wee and Summer Zhen SINGAPORE (Reuters) - September data from China offered plenty of welcome surprises, with faster-than-expected growth, falling unemployment and a glimmer of momentum in cons...
Oct 18, 2023
JP Morgan, Nomura raise China’s 2023 economic growth forecast
(Reuters) - JP Morgan and Nomura on Wednesday lifted their forecast for China's economic growth for the year, after the economy grew at a faster-than-expected pace in the third quarter from a year ear...
Oct 18, 2023
Australia antitrust watchdog to oversee domestic air travel sector
SYDNEY (Reuters) - Australia will ask its competition watchdog to monitor domestic passenger flights in a bid to boost competition in a sector dominated by national carrier Qantas, which is under scru...
Oct 18, 2023
Adidas shares jump after 2023 guidance raise
LONDON (Reuters) - Shares in Adidas gained 4% at the open on Wednesday after the sportswear firm raised its guidance for the year in a surprise third-quarter results pre-release. Adidas said it now ex...
Oct 18, 2023
Analysis-US throws Nvidia a lifeline while choking off China’s chipmaking future
By Stephen Nellis and Max A. Cherney SAN FRANCISCO (Reuters) - While stripping China's access to key U.S. artificial intelligence chips, the Biden administration's sweeping new rules also quietly thre...
Oct 18, 2023
UK inflation rate holds at 6.7% in September
LONDON (Reuters) - British annual consumer price inflation (CPI) was unchanged at 6.7% in September holding at August's 18-month low, official data showed on Wednesday. Economists polled by Reuters ha...
Oct 18, 2023
BOJ seen lifting inflation forecasts as pressure on policy grows
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is expected to raise its inflation forecasts this month to show prices exceeding its 2% target for two straight years, three people familiar with th...
Oct 18, 2023
Ryanair vs Wizz Air: The low-cost fight spreads to Poland
By Joanna Plucinska and Michael Kahn WARSAW/PRAGUE (Reuters) - Ryanair is aiming to double its business in the fast-growing Polish market and expand across eastern Europe over the next decade, executi...
Oct 18, 2023
Truckmaker Volvo’s Q3 adjusted operating profit up more than expected
STOCKHOLM (Reuters) -Truck maker Volvo reported on Wednesday a bigger than estimated rise in adjusted operating profit and said it expected the major European and North American heavy trucks markets t...
Oct 18, 2023
Fri Jul 24
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