Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
BP explores $1 billion US pipelines stake sale -sources
By Shariq Khan, David French and Ron Bousso (Reuters) - BP Plc is exploring the sale of a 49% stake in its U.S. oil and gas pipeline network in the Gulf of Mexico, hoping to raise as much as $1 billio...
Oct 03, 2023
Hospitality workers, Las Vegas casinos in crunch time for labor talks
By Doyinsola Oladipo NEW YORK (Reuters) - Unions representing roughly 53,000 Las Vegas workers on Tuesday kicked off critical negotiating sessions with hotel and casino operators after its members vot...
Oct 03, 2023
Exclusive-Meta to lay off employees in metaverse silicon unit on Wednesday
NEW YORK (Reuters) - Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two sources familiar with the ma...
Oct 03, 2023
Column-Bonds eye Q4 salvation in another year to forget: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - Stick it out, double down, or cut your losses? This is the dilemma many fund managers are facing regarding the bond portion of their portfolio as the fin...
Oct 03, 2023
IMF raises Mexico growth forecasts on robust consumption, services, auto output
By David Lawder WASHINGTON (Reuters) - The International Monetary Fund on Tuesday significantly raised its 2023 growth forecast for Mexico to 3.2% from a 2.6% forecast issued in July, citing strength ...
Oct 03, 2023
Meta Oversight Board to open case on manipulated video of US President Biden
NEW YORK (Reuters) - Meta's Oversight Board plans to open a case examining an altered video of U.S. President Joe Biden that was flagged by a user on the company's flagship social media service Facebo...
Oct 03, 2023
Fed’s Bostic: Rising long bond yields not having excessive impact on economy
By Howard Schneider ATLANTA (Reuters) - The steady rise in long-term U.S. Treasury bond yields hasn't yet shown signs of slowing the economy more than would be expected in a typical Federal Reserve ti...
Oct 03, 2023
Dalio says China-US relations are ‘on the brink of red lines’
By Carolina Mandl GREENWICH, Connecticut (Reuters) - Ray Dalio, founder of hedge fund Bridgewater Associates, said on Tuesday that the relationship between China and the United States is "on the brink...
Oct 03, 2023
DirecTV says Warner Bros Discovery streaming CNN violates deal – NYT
(Reuters) - Satellite TV provider DirecTV warned CNN-parent Warner Bros Discovery that its plan to stream the news service risks violating a contract between the companies, the New York Times reported...
Oct 03, 2023
Fed’s Mester open to another rate hike if economy stays on current path
By Michael S. Derby NEW YORK (Reuters) - Cleveland Federal Reserve President Loretta Mester said on Tuesday she is open to raising interest rates again, potentially at the U.S. central bank's next mee...
Oct 03, 2023
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