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

By Marc Frank HAVANA (Reuters) - Cuba must devalue and deregulate further after taking initial steps this year to restructure its ailing state-run economy and presumably pay off long overdue debt, acc...

(Reuters) - China's Ant Group Co Ltd is planning to refashion itself as a financial holding company under the supervision of China's central bank in the face of regulatory pressure, the Wall Street Jo...

By Lawrence White and Iain Withers LONDON (Reuters) - HSBC is "not in a position to judge the motives" of Hong Kong police, Chief Executive Noel Quinn told British lawmakers questioning him over the l...

By Lawrence White and Iain Withers LONDON (Reuters) - HSBC is "aiding and abetting one of the biggest crackdowns on democracy in the world", British lawmaker Chris Bryant told the bank's chief executi...

BERLIN (Reuters) - The German government on Wednesday slashed its growth forecast for Europe's largest economy to 3% this year, a sharp downward revision from last autumn's estimate of 4.4% caused by ...

By Pete Schroeder WASHINGTON (Reuters) - A "sense of complacency" is permeating markets as investors, betting on continued accommodative monetary policy, are stretching asset prices, risking a sudden ...

(Reuters) - Coty Inc said on Wednesday it would close its manufacturing site in Cologne, Germany as a part of its efforts to consolidate its fragrance manufacturing operations. The closure of the Colo...

WASHINGTON (Reuters) - The Biden administration on Wednesday amended restrictions placed on investments involving securities of certain Chinese military companies, according to a notice posted on the ...

By Eric M. Johnson and Ankit Ajmera (Reuters) - Boeing Co posted a record $12 billion annual loss on Wednesday as it delayed its all-new 777X jet again and booked a $6.5 billion charge for the program...

LONDON (Reuters) - JPMorgan will launch its digital consumer bank in Britain under its Chase brand within months, the US banking giant said on Wednesday. The bank said the new business had already rec...