Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Blackstone holds initial talks with Disney for stake in India arm -sources
By M. Sriram and Aditya Kalra MUMBAI (Reuters) -Private equity company Blackstone has held preliminary discussions with Walt Disney to acquire a stake in the Indian arm of the entertainment firm, two ...
Oct 10, 2023
China’s Big Tree Cloud in $500 million SPAC deal for US listing
(Reuters) -U.S. blank-check firm Plutonian Acquisition Corp agreed to merge with Big Tree Cloud International Group for the Chinese personal care products company to go public in a deal that will valu...
Oct 10, 2023
Walgreens names Tim Wentworth as its new CEO – WSJ
(Reuters) - U.S. pharmacy chain operator Walgreens Boots Alliance will name Tim Wentworth as its new chief executive, the Wall Street Journal reported on Tuesday. Last month, Rosalind Brewer had abrup...
Oct 10, 2023
Kia Corp’s unionised workers to go on partial strike over wages
By Heekyong Yang SEOUL (Reuters) - Kia Corp's unionised workers in South Korea will go on a partial strike for six working days from Oct. 12 after three months of talks with the company stalled over w...
Oct 10, 2023
Asia stocks hit 2-week high as Fed talk turns dovish
By Tom Westbrook SINGAPORE (Reuters) - Asia's stockmarkets rose on Wednesday and the dollar beat a retreat as a dovish shift in tone from Federal Reserve officials had traders paring U.S. interest rat...
Oct 10, 2023
New Zealand’s economy poses challenge for election victor
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's major parties have promised voters cost-of-living relief if they win Saturday's general election, but there is one major obstacle - a central bank ...
Oct 10, 2023
Exclusive-Southeast Asia eyes hands-off AI rules, defying EU ambitions
By Fanny Potkin and Supantha Mukherjee SINGAPORE/STOCKHOLM (Reuters) - Southeast Asian countries are taking a business-friendly approach to artificial intelligence regulation in a setback to the Europ...
Oct 10, 2023
Dollar loses steam ahead of Fed meeting minutes, US inflation test
By Rae Wee SINGAPORE (Reuters) - The dollar dipped broadly on Wednesday, tracking a slide in U.S. Treasury yields weighed down by dovish Federal Reserve comments, as traders looked to the central bank...
Oct 10, 2023
Australia unveils draft law to regulate digital payment providers
SYDNEY (Reuters) - The Australian government said on Wednesday it planned to introduce laws that would empower the central bank to regulate digital wallet providers including Apple Pay and Alphabet's ...
Oct 10, 2023
Bank of Queensland shares fall on dividend cut, profit plunge
By Echha Jain (Reuters) - Bank of Queensland shares fell nearly 5% on Wednesday, as the lender cut its dividend after annual profit plunged by about 70% amid depressed mortgage lending, and flagged ma...
Oct 10, 2023
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