Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Intel chief ready to go it alone on chip manufacturing
By Kenneth Li and Max A. Cherney (Reuters) - Intel Chief Executive Pat Gelsinger on Thursday said the company has no plans to spin out its contract chip manufacturing business. Gelsinger has moved Int...
Dec 14, 2023
Musk’s X receives Pennsylvania money license in push toward payment features
By Sheila Dang and Pete Schroeder (Reuters) - Elon Musk's social media platform X, formerly known as Twitter, took a step closer to offering payment features after receiving a money-transmitter licens...
Dec 14, 2023
Germany lifts spending freeze after budget deal clinched, document shows
BERLIN (Reuters) - Germany's finance ministry has lifted a freeze on new spending that was imposed more than three weeks ago, according to a letter seen by Reuters on Thursday. The move comes a day af...
Dec 14, 2023
Bank of Mexico holds key interest rate at 11.25% for sixth straight time
MEXICO CITY (Reuters) -The Bank of Mexico held its benchmark interest rate at 11.25% for a sixth consecutive monetary policy meeting on Thursday, as expected, saying progress on bringing inflation dow...
Dec 14, 2023
Fed seen pivoting to interest rate cuts in March, perhaps earlier
(Reuters) - The Federal Reserve's signal on Wednesday that its interest rate hiking campaign is over triggered a drop in bond yields and a rash of market bets on U.S. rate cuts next year, marking a sh...
Dec 14, 2023
Bank stocks rally to pre-crisis levels after Fed meeting
By Sinad Carew (Reuters) - Shares in U.S. banks were rallying strongly on Thursday after the Federal Reserve signaled potential interest rate cuts in 2024 with the sector returning to its highest leve...
Dec 14, 2023
Wyndham franchisees question possible Choice merger, association says
By Doyinsola Oladipo NEW YORK (Reuters) - A major U.S. hotel owners association said its Wyndham Hotels & Resorts franchisee members are worried an acquisition by budget operator Choice Hotels Interna...
Dec 14, 2023
Explainer-What’s next for the EU AI Act?
By Supantha Mukherjee, Martin Coulter and Foo Yun Chee STOCKHOLM/BRUSSELS/LONDON (Reuters) - European Union countries and lawmakers last week agreed a provisional deal for artificial intelligence rule...
Dec 14, 2023
Boeing names insider Chris Raymond as head of aftermarket business
(Reuters) -Boeing on Thursday named insider Chris Raymond as the new head of its aftermarket business, succeeding Stephanie Pope, who was announced as the planemaker's chief operating officer on Monda...
Dec 14, 2023
Time for a rate cut? Colombian analysts divided over cenbank’s next move
By Nelson Bocanegra BOGOTA (Reuters) - There is no consensus among analysts as to whether Colombia's central bank board members will cut the key interest rate or hold it in the next monetary policy de...
Dec 14, 2023
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