Category Archives: (Sandbox Syndication Account) Business News (Master Feed)

By Huw Jones LONDON (Reuters) - Tackling hidden leverage across the multi-trillion dollar "shadow banking" sector is next year's priority, global financial regulators said on Wednesday, but the challe...

By Sam Nussey TOKYO (Reuters) - Sony is seeing strong momentum for its PlayStation 5 console, a senior games executive said, with lifetime sales exceeding 50 million units and the company recording it...

SAO PAULO (Reuters) - Economic activity in Brazil performed worse than expected in October, central bank data showed on Wednesday, corroborating broad readings of economic cooling. The IBC-Br index, a...

(Reuters) - General Mills cut its annual sales forecast on Wednesday, hurt by slowing demand for its higher-priced breakfast cereals, snack bars and pet food products. Shares of the Cheerios cereal ma...

By Ann Saphir (Reuters) - The interest rate on the most common type of U.S. home mortgage dropped last week to 6.83%, its lowest since June, as the Federal Reserve signaled it is done raising borrowin...

ZURICH (Reuters) - Nestle sees no threat to its huge coffee business from the rising popularity of weight-loss drugs like Eli Lilly's Zepbound and Novo Nordisk's Wegovy, Chief Executive Mark Schneider...

(Reuters) - U.S. stock index futures inched lower on Wednesday as investors took a breather from a rally that was sparked by the Federal Reserve's likely pivot to a dovish policy, while FedEx tumbled ...

MILAN (Reuters) - Italian fashion house Prada has paid $425 million to buy the building on Fifth Avenue in New York which currently hosts its store, the company said on Wednesday. Prada, which has bee...

By Nathan Gomes (Reuters) - American car dealers are set to wrap the year with generous incentives and discounts during winter sales, aiming to clear older vehicle stocks and prepare for the new year ...

GENEVA (Reuters) - At least 66% of jobs have been lost in Gaza since the Israel-Hamas conflict erupted in October, the International Labour Organization (ILO) said on Wednesday, warning that employmen...