Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
US opens probe into 594 vehicles of GM’s Cruise LLC
(Reuters) - U.S. auto safety regulators said on Tuesday they have opened a preliminary evaluation into about 594 vehicles of General Motors' self-driving unit Cruise LLC. The National Highway Traffic ...
Oct 17, 2023
Exclusive-China tells banks to roll over local government debts – sources
BEIJING (Reuters) - China has told state-owned banks to roll over existing local government debt with longer-term loans at lower interest rates, two sources with knowledge of the matter said, as part ...
Oct 17, 2023
Tesla recalls nearly 55,000 Model X vehicles, auto regulator says
(Reuters) - Tesla has recalled 54,676 Model X vehicles manufactured between 2021-2023 as the vehicle controller is likely to fail to detect low brake fluid and not display a warning light, U.S. auto r...
Oct 17, 2023
Virgin Australia’s IPO executive David Marr resigns
(Reuters) - Bain Capital-owned Virgin Australia on Tuesday said its Chief Development Officer David Marr, who was assigned to lead the airline's plans for an eventual initial public offering (IPO), ha...
Oct 17, 2023
Explainer-Country Garden: What happens next?
By Clare Jim HONG KONG (Reuters) - Country Garden's entire offshore debt will be deemed to be in default if China's largest private property developer fails to make a $15 million coupon payment on Tue...
Oct 17, 2023
Japan ruling LDP offers proposals for Kishida’s economic package, but no income tax cuts
TOKYO (Reuters) - Lawmakers from Japan's ruling Liberal Democratic Party (LDP) gave a list of proposals to Prime Minister Fumio Kishida's cabinet for possible inclusion in an economic package to help ...
Oct 17, 2023
UK regular pay growth slows for the first time since January
By David Milliken LONDON (Reuters) -Growth in British workers' regular pay - which is being watched closely by the Bank of England - slowed from a previous record high and job vacancies also dropped, ...
Oct 17, 2023
Rolls-Royce to cut up to 2,500 roles in latest efficiency drive
LONDON (Reuters) -British engineering company Rolls-Royce said it would cut up to 2,500 roles as its new chief executive seeks to build a more efficient business, in the latest turnaround plan designe...
Oct 17, 2023
Factbox-China’s measures to shore up its indebted property sector
BEIJING (Reuters) - China has rolled out a flurry of support measures in recent months to revive its property sector which has been in crisis since policymakers began cracking down on the industry's d...
Oct 17, 2023
Exclusive-Mitsubishi Corp considering bid for Fujitsu’s chip unit Shinko Electric -sources
By Makiko Yamazaki and Maki Shiraki TOKYO (Reuters) - Mitsubishi Corp is considering bidding for Fujitsu's chip packaging unit Shinko Electric Industries, two sources said, as Japan's top trading hous...
Oct 17, 2023
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