Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Oil investors to usher in 2024 amid oversupply, demand concerns
By Muyu Xu, Stephanie Kelly and Alex Lawler SINGAPORE/NEW YORK/LONDON (Reuters) - Oil investors will usher in 2024 with gnawing concerns about oversupply, slowing economic growth and simmering Middle ...
Dec 13, 2023
Toronto Stock Exchange operator TMX buys remaining stake in VettaFi for $848 million
(Reuters) - TMX Group, the owner of the Toronto Stock Exchange, said on Wednesday it had acquired an around 78% stake in U.S. data analytics company VettaFi Holdings for $848 million (C$1.14 billion)....
Dec 13, 2023
Column-Fed rarely cuts rates at a ‘measured pace’: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - The Federal Reserve is about to embark on an interest rate-cutting journey next year, but what is striking about the 150 basis points of easing markets n...
Dec 13, 2023
Japan agrees tax cuts to support households, defeat deflation
By Tetsushi Kajimoto TOKYO (Reuters) - The tax reform panel of Japan's ruling Liberal Democratic Party has agreed on income tax breaks aimed at offsetting the pain of price hikes on households to help...
Dec 13, 2023
BMW gains test license for L3 autonomous driving in Shanghai
BEIJING (Reuters) - BMW Group has received a test license for L3 autonomous driving on high-speed roads in Shanghai, the German automaker said on Thursday. (Reporting by Beijing newsroom; Editing by T...
Dec 13, 2023
Asian equities follow Wall Street higher; yields and dollar down
By Xie Yu HONG KONG (Reuters) - Asian stocks broadly rallied on Thursday morning, after the U.S. Federal Reserve flagged the end of its tightening cycle and struck a dovish tone for the year ahead. U....
Dec 13, 2023
Tesla shortens expected delivery waiting time for Model 3, Y in China
BEIJING (Reuters) - Tesla has shortened the expected delivery waiting time for its Model 3 and Model Y in China to two to six weeks from six to nine weeks previously, according to its Chinese website ...
Dec 13, 2023
Argentina December inflation to be ‘substantially higher’ m/m, minister says
BUENOS AIRES (Reuters) - Argentina's December inflation rate will "clearly be substantially higher than in November," Economy Minister Luis Caputo said in a televised interview Wednesday, as Javier Mi...
Dec 13, 2023
Berkshire Hathaway buys nearly 10.5 million shares of Occidental Petroleum
(Reuters) - Berkshire Hathaway acquired nearly 10.5 million shares of Occidental Petroleum so far this week for about $588.7 million, according to a filing at the U.S. Securities and Exchange Commissi...
Dec 13, 2023
Oil rises on Middle East worries, future cuts to borrowing costs
By Laura Sanicola (Reuters) - Oil prices rose in early Asian trade on Thursday, extending gains from the previous session following a bigger-than-expected weekly withdrawal from U.S. crude storage and...
Dec 13, 2023
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