Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Bank of Israel hints in no rush to cut rates as this would stoke inflation
By Steven Scheer JERUSALEM (Reuters) - The Bank of Israel hinted on Tuesday that it was in no rush to lower interest rates despite Israel's war with Hamas in Gaza, since doing so would likely weaken t...
Oct 17, 2023
Biden to cut China off from more Nvidia chips, expand curbs to more countries
By Alexandra Alper, Karen Freifeld and Stephen Nellis WASHINGTON (Reuters) - The Biden administration said on Tuesday it plans to halt shipments to China of more advanced artificial intelligence chips...
Oct 17, 2023
US retail sales beat expectations in September; core retail sales rise solidly
WASHINGTON (Reuters) - U.S. retail sales increased more than expected in September as households boosted purchases of motor vehicles and spent more at restaurants and bars, suggesting the economy ende...
Oct 17, 2023
Bank of America’s unrealized losses on securities rose to $131.6 billion
By Saeed Azhar and Nupur Anand NEW YORK (Reuters) - Bank of America reported unrealized losses of $131.6 billion on securities held until maturity in the third quarter, growing from nearly $106 billio...
Oct 17, 2023
Canada annual inflation rate edges down to 3.8% in September
OTTAWA, Oct 17 (Reuters) - Canada's annual inflation rate edged down to 3.8% in September on broad-based price reductions for some travel-related services, durable goods and groceries, Statistics Cana...
Oct 17, 2023
China’s Xi wants to expand cooperation with Indonesia in several key markets
BEIJING (Reuters) - China is willing to expand and strengthen cooperation with Indonesia in emerging industries such as the digital economy, photovoltaics and new energy vehicles, President Xi Jinping...
Oct 17, 2023
Citroen targets low-cost Chinese EVs with electric C3 for 23,300 euros
By Gilles Guillaume MEUDON, France (Reuters) - Citroen on Tuesday unveiled its new electric e-C3 SUV, a low-cost model starting at 23,300 euros ($24,540) aimed at taking on Chinese carmakers in the af...
Oct 17, 2023
Lockheed revenue rises on sustained weapons demand amid geopolitical tensions
By Pratyush Thakur and Mike Stone (Reuters) - Lockheed Martin reported higher third-quarter revenue on Tuesday, as geopolitical tensions fueled sustained demand for its military equipment. The ongoing...
Oct 17, 2023
Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
(Reuters) -Goldman Sachs' third-quarter profit dropped less than expected as a nascent recovery in dealmaking offset the $864 million writedown related to GreenSky fintech business and investments in ...
Oct 17, 2023
Choice Hotels offers to buy Wyndham for $7.8 billion
(Reuters) -Choice Hotels on Tuesday proposed to acquire Wyndham Hotels and Resorts for about $7.8 billion in a cash and stock deal that would create a U.S. budget hotel giant. Shares of Wyndham rose a...
Oct 17, 2023
Sat Jul 25
Nashville, TN, USA
72°FFeels Like: 74°F
Humidity: 100%
