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

By Maha El Dahan, Yousef Saba and Ron Bousso DUBAI (Reuters) - The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by...

(Reuters) - Activist investor Nelson Pelt's Trian Fund Management has accumulated a stake worth more than $2.5 billion and is planning a fresh push for board seats at Disney, the Wall Street Journal r...

By Clare Jim HONG KONG (Reuters) - Chinese property developer Country Garden, which missed two dollar interest payments last month, faces another deadline on Monday with two coupons totalling $66.8 mi...

(Reuters) -Citigroup Inc said on Monday that it had agreed to sell its China consumer wealth portfolio, including clients, assets under management (AUM) and deposits, to Asia-focused HSBC Holdings Plc...

SINGAPORE (Reuters) - The Israeli shekel fell to an almost eight-year low against the U.S. dollar on Monday as conflict in the Middle East escalates. Fighters from Islamist group Hamas killed 700 Isra...

By Jamie McGeever ORLANDO, Florida (Reuters) - Hedge funds have entered the final quarter of the year doubling down on two of their biggest macro conviction trades - short U.S. Treasuries and long the...

SHANGHAI (Reuters) - Beijing Hyundai Motor has cut the minimum asking price for its auto plant in the southwestern Chinese city of Chongqing by almost 30% to 2.58 billion yuan ($353.38 million) after ...

(Reuters) - Union workers at Volvo Group-owned Mack Trucks overwhelmingly rejected a proposed five-year contract deal and will go on strike at 7 a.m. Monday (1100 GMT), the United Auto Workers said la...

SYDNEY (Reuters) - The head of Australia's A$206 billion ($131 billion) sovereign wealth fund had informed the Australian government he will not seek a third term, Treasurer Jim Chalmers said on Monda...

By Rae Wee SINGAPORE (Reuters) - The safe-haven dollar and Japanese yen edged higher on Monday as violence in the Middle East spooked markets, while a blowout U.S. jobs report gave the greenback a fur...