Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Occidental’s deal for CrownRock is no Anadarko redux, say ratings firms
By Sabrina Valle HOUSTON (Reuters) - Occidental Petroleum's plan to pay off debt from its acquisition of CrownRock should result in a reduced financial burden within a year of closing, credit rating f...
Syndicated Content Dec 13, 2023
UBS steps up efforts to recover cash from Credit Suisse defectors – Bloomberg News
(Reuters) - Swiss lender UBS Group AG has stepped up efforts to recoup hundreds of millions in cash bonuses that Credit Suisse paid to retain dealmakers before the lender's collapse, Bloomberg News re...
Syndicated Content Dec 13, 2023
ECB has tough job to fight rate cut bets as inflation falls
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank faces a difficult balancing act on Thursday as it likely slashes its forecasts for growth and inflation while try...
Syndicated Content Dec 13, 2023
Adobe embroiled in anti-trust issues, forecasts revenue below estimates
(Reuters) - Photoshop maker Adobe said on Wednesday it was facing regulatory scrutiny over its subscription models and forecast annual and quarterly revenue below estimates, sending its shares down mo...
Syndicated Content Dec 13, 2023
Apple reaches record high close as Fed signals rate cuts
(Reuters) - Apple's stock reached a record high close on Wednesday, lifted in a broad Wall Street rally after the Federal Reserve signaled lower borrowing costs are coming in 2024. Apple's stock climb...
Syndicated Content Dec 13, 2023
Argentina inflation tops 160% spotlighting challenge for Milei
By Hernan Nessi and Lucila Sigal BUENOS AIRES (Reuters) - Argentina's annual inflation rate hit 161% in November, faster than expected and the highest monthly figure this year, laying bare the dauntin...
Syndicated Content Dec 13, 2023
Exclusive-GM’s Cruise robotaxi unit dismisses nine people after safety investigation
By Greg Bensinger (Reuters) - General Motors' Cruise robotaxi unit dismissed nine key people amid an ongoing safety investigation, a spokesperson for Cruise confirmed to Reuters on Wednesday. (Reporti...
Syndicated Content Dec 13, 2023
Brazil central bank cuts rates by 50 bps, signals same beyond January
By Marcela Ayres BRASILIA (Reuters) - Brazil's central bank lowered its benchmark interest rate by 50 basis points on Wednesday for the fourth time in a row and signaled that it would keep cutting rat...
Syndicated Content Dec 13, 2023
New Zealand economy unexpectedly contracts in third quarter
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's economy unexpectedly contracted in the third quarter as a number of industries including manufacturing and construction saw activity slow and house...
Syndicated Content Dec 13, 2023
BofA’s former head of wealth, private bank Keith Banks to retire
By Lananh Nguyen NEW YORK (Reuters) - Bank of America executive Keith Banks, who ran several of its major businesses, will retire at the end of February after more than four decades in finance, the co...
Syndicated Content Dec 13, 2023





