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India likely to achieve fiscal deficit target in 2023-24, says govt
NEW DELHI (Reuters) - The Indian government is likely to achieve the fiscal deficit target of 5.9% of gross domestic product (GDP) in the financial year 2023-24, junior finance minister Bhagwat Karad ...
Syndicated Content Dec 18, 2023
IBM to buy Software AG’s enterprise tech business for $2.3 billion
(Reuters) - IBM on Monday said that it would buy Software AG's StreamSets and webMethods platforms for 2.13 billion euros ($2.33 billion) in cash. ($1 = 0.9158 euros) (Reporting by Shivani Tanna in Be...
Syndicated Content Dec 18, 2023
UK to implement carbon levy on imported goods by 2027
By Kylie MacLellan LONDON (Reuters) -Britain said on Monday it would implement a new import carbon pricing mechanism by 2027, with goods imported from countries with a lower or no carbon price having ...
Syndicated Content Dec 18, 2023
Unilever to sell Q-Tips maker Elida Beauty to Yellow Wood
(Reuters) -Consumer goods giant Unilever on Monday said it would sell Elida Beauty, its non-core beauty and personal care division, to U.S. private equity firm Yellow Wood Partners. The financial term...
Syndicated Content Dec 18, 2023
China banks step up sales of bad loans as consumer defaults rise
SHANGHAI/SINGAPORE (Reuters) - Chinese banks are putting bad loans up for sale at a record pace, as regulators push for faster disposal of sour debts amid rising consumer defaults during an ailing pos...
Syndicated Content Dec 18, 2023
Rare snowfall in southern China as deep freeze grips the north
By Liz Lee and Ryan Woo BEIJING (Reuters) - The cold weather sweeping China brought rare snowfall on Monday as far south as the province of Guangdong, while temperatures in the chilly north plunged to...
Syndicated Content Dec 18, 2023
Goldman cuts 2024 Brent price forecast on strong US supply
(Reuters) - Goldman Sachs trimmed its price expectation for Brent crude in 2024 by $10 per barrel to between $70 and $90, saying strong production from the United States would moderate any upside in o...
Syndicated Content Dec 18, 2023
Mercedes Benz to carry out level 3 autonomous driving tests on designated highways in Beijing
SHANGHAI (Reuters) - Mercedes Benz said on Monday it would carry out level 3 autonomous driving tests on designated highways in Beijing, without giving an exact time frame. The German automaker said i...
Syndicated Content Dec 18, 2023
Tencent turns to ByteDance in gaming showdown with NetEase
By Josh Ye HONG KONG (Reuters) - Tencent Holdings is relying on one-time bitter rival ByteDance to promote its most important video game release in years, in a sign of warming relations as well as int...
Syndicated Content Dec 18, 2023
US corporate bond issuance seen increasing after yields slide
By Matt Tracy (Reuters) - Some investors are predicting an increase in corporate bond issuance in the New Year, after bond yields slid last week, opening the door for companies to refinance existing d...
Syndicated Content Dec 18, 2023
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