Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
EU risks losing ground in EVs without strong industry strategy – ACEA
BERLIN (Reuters) - Europe's electric vehicle (EV) sector risks falling behind without a robust EU industrial strategy, autos group ACEA said on Thursday citing new report findings, amid China's domina...
Syndicated Content Dec 14, 2023
German institutes cut 2024 GDP forecast on uncertainty
BERLIN (Reuters) - Three leading German economic institutes cut their 2024 economic growth forecasts on Thursday, saying consumer and company uncertainty, exacerbated by a weeks-long government budget...
Syndicated Content Dec 14, 2023
Elon Musk and SEC to face off in court over Twitter testimony
By Chris Prentice (Reuters) - The U.S. Securities and Exchange Commission will face off with lawyers for Elon Musk in a San Francisco court on Thursday as it tries to force the billionaire to testify ...
Syndicated Content Dec 14, 2023
Futures rise after Fed’s dovish pivot
(Reuters) - U.S. stock index futures gained on Thursday, a day after the Federal Reserve hinted an end to its recent aggressive rate hikes and signaled that borrowing costs would be lower next year. T...
Syndicated Content Dec 14, 2023
Exclusive-US regulator probes banks’ climate risk planning
By Isla Binnie and Chris Prentice (Reuters) - The U.S. Treasury Department's Office of the Comptroller of the Currency (OCC) carried out its first climate risk assessment of more than two dozen banks ...
Syndicated Content Dec 14, 2023
GM’s Barra reboots her 10-year effort to lift stagnant shares
By Joseph White DETROIT (Reuters) - General Motors CEO Mary Barra has made many bold moves during a decade on the job to lift the automaker's share price: jettisoning money-losing operations in Europe...
Syndicated Content Dec 14, 2023
Marketmind: Matching the Fed’s green light
A look at the day ahead in U.S. and global markets from Mike Dolan Judged by the sharp drop in the dollar, European central banks may find it hard to match the dovishness from the Federal Reserve that...
Syndicated Content Dec 14, 2023
Dozens of drugmakers may be subject to rebates over price hikes – White House
(Reuters) -U.S. President Joe Biden will announce on Thursday that dozens of pharmaceutical companies will be required to pay rebates to Medicare for "outrageous" price hikes on prescription drugs, th...
Syndicated Content Dec 14, 2023
OECD sees long-term growth prospects almost halving in major economies
By Leigh Thomas PARIS (Reuters) - Growth is projected to almost halve in developed and big emerging market economies in the coming decades, requiring higher taxes to keep debt from rocketing, the OECD...
Syndicated Content Dec 14, 2023
DIW institute lowers German GDP forecasts after budget cuts
BERLIN (Reuters) - Germany's DIW economic institute revised down its growth forecasts for the next two years on Thursday, expecting only a slow recovery from recession for Europe's largest economy aft...
Syndicated Content Dec 14, 2023
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