Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Arkansas orders Chinese-owned seed producer Syngenta to sell US farmland
By Tom Polansek CHICAGO (Reuters) - Arkansas ordered Syngenta to sell 160 acres (65 hectares) of farmland in the U.S. state within two years on Tuesday because the company is Chinese-owned, drawing a ...
Oct 17, 2023
Bissau in darkness after Turkish power firm cuts off supply
BISSAU (Reuters) - Guinea-Bissau's capital was plunged into darkness on Tuesday after Turkish company Karpowership cut off electricity supplies to the West African nation due to an unpaid debt of $17 ...
Oct 17, 2023
Bankrupt Rite Aid resolves drug supply dispute with McKesson
By Dietrich Knauth NEW YORK (Reuters) - Pharmacy chain Rite Aid has settled a critical dispute with drug supplier McKesson Corp to ensure that customers' prescriptions will continue to be filled durin...
Oct 17, 2023
Microsoft in talks to sign on Amazon as customer in $1 billion cloud tools deal – Insider
(Reuters) -Microsoft is preparing to bring Amazon.com as a customer for its 365 cloud productivity tools in a deal worth over $1 billion, news site Insider reported on Tuesday, citing an internal docu...
Oct 17, 2023
Rivian’s bond issue does not reflect concerns around EV maker’s financial health -CEO
By Abhirup Roy SAN FRANCISCO (Reuters) -Rivian's earlier-than-expected bond issuance this month was meant to strengthen the EV maker's balance sheet before geopolitical risks tighten capital markets a...
Oct 17, 2023
Tunisia president sacks the economy minister over statement about IMF
TUNIS (Reuters) - Tunisian President Kais Saied on Tuesday sacked Economy Minister Samir Saied after fresh statements that a deal with the International Monetary Fund (IMF) would be vital for obtainin...
Oct 17, 2023
United Airlines forecasts weaker Q4 profit on higher costs
CHICAGO (Reuters) - United Airlines Holdings on Tuesday reported stronger-than-expected earnings in the third quarter, but forecast weaker profit in the current quarter due to higher costs. The Chicag...
Oct 17, 2023
Factbox-How the US will cut off China from more AI chips
By Stephen Nellis (Reuters) - The Biden administration on Tuesday issued a sweeping update to restrictions on exporting advanced artificial intelligence to China and other countries. The measures are ...
Oct 17, 2023
US options traders on edge, eye bond market moves
By Saqib Iqbal Ahmed NEW YORK (Reuters) - U.S. equity options traders remain on edge, with much of their focus on U.S. Treasuries even as Middle East tensions persist. The Cboe Volatility Index rose 0...
Oct 17, 2023
AutoNation drops bid for UK auto dealer Pendragon
(Reuters) - U.S.-based AutoNation said on Tuesday it will not make an offer for Pendragon, just weeks after the British automotive retailer's top shareholder Hedin Mobility and PAG International also ...
Oct 17, 2023
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