Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Fed’s Powell not ready to say when balance sheet wind-down ends
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Chair Jerome Powell said on Wednesday that central bank officials have yet to decide when they will end their balance sheet reduction effort ev...
Dec 13, 2023
Peru’s central bank: inflation may hit target sooner than expected
LIMA (Reuters) - Peru's inflation rate could converge to the central bank's target sooner than expected, the head of the bank said on Wednesday, arguing that the rate of rising prices in the Andean na...
Dec 13, 2023
Marketmind:’Melt up’ as Fed accelerates pivot
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets are poised for lift off on Thursday, fueled by the dovish tilt from the Federal Reserve's final policy meeting of ...
Dec 13, 2023
US rate futures lift March rate cut bets after Fed flags end of tightening
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - U.S. interest rate futures on Wednesday increased the chances of rate cuts by the Federal Reserve starting next March, with a 77%probability after the ...
Dec 13, 2023
GM still planning to end gas-powered vehicle sales by 2035 — CEO
By David Shepardson WASHINGTON (Reuters) - General Motors CEO Mary Barra said Wednesday the Detroit automaker still plans on moving to all electric vehicle sales by 2035 even as it has recently delaye...
Dec 13, 2023
Judge deciding Google’s fate in Epic case is antitrust veteran
By Mike Scarcella (Reuters) - The judge who could rewrite the future of Google's app business is a competition law expert who once defended technology companies and other defendants in antitrust cases...
Dec 13, 2023
Factbox-Scandal-hit companies which went after executive compensation
(Reuters) - BP on Monday cut over $40 million in compensation from former CEO Bernard Looney after the British oil giant concluded he had knowingly misled the board over personal relationships with co...
Dec 13, 2023
Luxury slowdown prompts fears of inventory pile-up over key holiday season
By Mimosa Spencer PARIS (Reuters) - Early holiday shopping season discounts from high-end fashion retailers like Bergdorf Goodman on New York's Fifth Avenue raised concern that a lacklustre Christmas ...
Dec 13, 2023
Exclusive-EU to find way to help Poland access frozen EU cash -Hahn
By Jan Strupczewski BRUSSELS (Reuters) - The European Commission will find a way for Poland to access some 111 billion euros in frozen EU funds as the new Polish government moves toward alleviating th...
Dec 13, 2023
Fed flags end of rate hikes, sees lower borrowing costs in 2024
NEW YORK (Reuters) -The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections that the historic tightening of U.S. monetary policy engineered over the last t...
Dec 13, 2023
Sun Jun 28
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