Reuters Financial News
18.12 / 09:48
Reuters
country
Centre
Workers at Amazon logistics centre in Spain plan 3-day strike over wages
Spanish workers at a logistics centre of giant online retailer Amazon in northern Spain are planning a three-day strike ahead of the Epiphany feast day on Jan. 6, when Spanish children receive holiday gifts, according to labour union LAB. Around 160 workers at the Trapagaran centre in the Basque country, on the border between France and Spain, plan to strike on Jan. 3, 4 and 5 to demand higher wages, said LAB union leader Gotzon Mardarats, who represents most of the workers.
18.12 / 09:05
Target
Reuters
reports
India likely to achieve fiscal deficit target in 2023-24, says govt
fiscal deficit target of 5.9% of gross domestic product (GDP) in the financial year 2023-24, junior finance minister Bhagwat Karad said on Monday. India's fiscal deficit in the first seven months of the financial year ending on March 31, 2024 was Rs 8.04 lakh crore ($96.86 billion), or 45% of the estimate for the whole year, according to data released by the government last month. However, the government has collected only Rs 10,050 crore from selling stakes in government-run firms as of Dec.
18.12 / 06:37
Provident
Reuters
Cooper
Experts
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fall
JSW Group shares fall up to 4% amid rape allegations against Chairman Sajjan Jindal
JSW Group fell up to 4% in the early trade on Monday following allegations of rape against its Chairman Sajjan Jindal. JSW Holdings was the top loser in the pack and its stock price plunged nearly 4% to the day's low of Rs 4965.05 on the BSE. Meanwhile, JSW Steel, JSW Infrastructure and JSW Energy were down nearly 2%. On Sunday, Jindal denied these allegations and said that he would cooperate with the ongoing investigation. «Mr.
18.12 / 02:39
FIVE
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Nikkei
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Asian shares slip into BOJ meeting, US inflation test
The Bank of Japan (BOJ) meets Tuesday amid much chatter that it is considering how and when to move away from negative interest rates. None of the analysts polled by Reuters expected a definitive move at this meeting, but policy makers might start laying the groundwork for an eventual shift. April was favoured by 17 of 28 economists as the kick-off for negative rates to be scrapped, making the BOJ one of the few central banks in the world actually tightening. «Since the last meeting in October, 10-year JGB yields have fallen and the yen has appreciated, giving the BOJ little incentive to revise policy at this stage,» said Barclays economist Christian Keller. «We think the BOJ will wait to confirm the result of the 'shunto' wage negotiations next spring, before moving in April.» Japan's Nikkei lost 1.2%, weighed in part by a firm yen.
17.12 / 17:55
FIVE
Reuters
CEO
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information
2020
reports
Are Bank of Maharashtra, BoI, Union Bank, UCO Bank on govt’s merger list?
Bank of Maharashtra, and Union Bank and UCO Bank. According to a report by Reuters citing the document, a parliamentary panel will hold discussions with the four government-owned banks early next year under banking laws which among other things govern mergers and acquisitions. The informal discussions will be held with representatives of UCO Bank and Union Bank of India on January 2, 2024, and between Bank of Maharashtra and Bank of India on January 6, 2024 in Mumbai and Goa.
17.12 / 11:43
BLOCK
Reuters
Manufacturing
Assurant
Highways
Inside
reports
Nagpur factory blast: Maharashtra govt announces ₹5 lakh relief as locals protest outside the premises
₹5 lakh to the families of the deceased. The blast occurred at around 8:30 am at Solar Industries India factory in Nagpur, the police officer told news agency Reuters. The factory produces a range of products for defence sector like industrial and military explosives, as well as propellants and warheads.
17.12 / 02:53
Reuters
Google
Celebrity
country
voice
social
Chile National Plebiscite 2023: Google Doodle honours democratic spirit
Chile National Plebiscite 2023: In a democratic spirit and the celebration of civic engagement, Google has adorned its homepage with a vibrant and symbolic doodle to commemorate the Chile National Plebiscite 2023, on December 17, 2023. The doodle, a temporary alteration of the Google logo, serves as a visual tribute to the significance of the plebiscite in Chilean history and its impact on the country's democratic journey. The National Plebiscite in Chile holds immense historical importance, marking pivotal moments in the nation's path towards democracy.
17.12 / 02:53
Waves
Reuters
Progressive
Southern
country
hospital
reports
Updates
Israel-Gaza War Day 72: ‘Israel is as committed as ever to war,’ says Benjamin Netanyahu. 10 updates
Israel-Gaza war, Israeli military officials stated on Saturday that three Israeli hostages, mistakenly shot by Israeli troops in the Gaza Strip, were killed despite waving a white flag and being shirtless, as reported by AP. It is to be further noted that this marks Israel's first acknowledgement of causing harm to hostages in its conflict with Hamas. Here are the top ten updates about the Israel-Gaza war: 1.
17.12 / 02:19
Reuters
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raid
Gazan hospital damaged in Israel raid, army says weapons seized
By Nidal al-Mughrabi
17.12 / 02:01
Reuters
Man
Citizens
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Wine
NOT
British man accused of swindling nearly $100 million in wine fraud case pleads not guilty
(Reuters) — A British man accused of allegedly defrauding investors of nearly $100 million through a Ponzi-like scheme involving nonexistent luxury wines pleaded not guilty in a U.S. court on Saturday.
16.12 / 18:19
Target
Reuters
Strategy
economy
track
‘Still too early’ to cut rates, Bank of Canada’s Macklem says
The head of the Bank of Canada is pushing back on expectations for interest rate cuts, despite calls from the market and central bank counterparts south of the border that tightening could reverse in the new year.
16.12 / 14:23
Provident
Reuters
President
country
reports
Oil prices drop over $1, settle lower on volatile session after US macro data, FOMC policy decision; Brent at $76/bbl
₹5,953 per bbl, having swung between ₹5,839 and ₹6,004 per bbl during the session, against a previous close of ₹6,017 per barrel. -Traders took note of comments from New York Federal Reserve Bank President John Williams about hopes for interest rate cuts in the coming year. "We aren't really talking about rate cuts right now," Williams said in an interview with CNBC.
15.12 / 12:49
Reuters
ICE
stage
country
prevention
COP28 climate deal 'stab in the back', activist Greta Thunberg says
Greta Thunberg said on Friday. Nearly 200 countries agreed at the summit to begin reducing global consumption of fossil fuel and adopt a raft of measures, including more clean energy production, to avert the worst effects of climate change.
15.12 / 11:25
15.12 / 09:45
15.12 / 09:45
Reuters
CEO
Entertainment
Netflix
Sony
stars
Analysis-A Disney-Reliance India entertainment merger may be beset with antitrust headaches
By Aditya Kalra, Munsif Vengattil and Arpan Chaturvedi
15.12 / 09:09
Reuters
JPMorgan
Fighting
Boeing
WhatsApp
track
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Weekly
Fed’s dovish pivot triggers dollar’s biggest weekly fall since July; rupee fails to capture gains
US Federal Reserve. Among other major currencies, the euro and pound rose on Friday as the central banks in Europe stuck to their hawkish paths. The US dollar index, which measures the greenback's strength against a basket of six currencies, eased by 0.02% to 101.94, not far from the four-month low of 101.76 it touched on Thursday.
15.12 / 08:55
Reuters
Gap
show
India’s November trade gap narrows to $20.58 billion, exports slip 2.8%
A poll of economists by Reuters had forecast the number at $20.50 billion. India's merchandise trade deficit in November 2022 stood at $32 billion. India's exports declined by 2.8 per cent to $33.90 billion in November this year, as against 34.89 billion a year ago, government data showed. Imports slipped to $54.48 billion in November, as against $55.8 billion in November 2022. During the first eight months of this fiscal year that started April 1, exports fell 6.51 per cent to $278.8 billion as compared with year-earlier period. Imports during April to November dipped 8.67 per cent to $445.15 billion.
15.12 / 08:09
Reuters
Booking
economy
Enterprise
WhatsApp
reports
Rate Cut
China’s liquidity boost cheers markets with PBOC’s massive fund injection; economists eye rate cut
Also Read: PBOC's bold move: Injects $112 billion lifeline amid economic challenges The People's Bank of China (PBOC) said it was keeping the rate on 1.45 trillion yuan ($203.97 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at 2.50% from the previous operation. With 650 billion yuan worth of MLF loans set to expire this month, the operation resulted in a net 800 billion yuan fresh fund injection into the banking system in December, booking the biggest monthly increase on record, Reuters reported.
15.12 / 05:33
Target
Reuters
economy
Nov
show
Costs
Japan Nov CPI forecast to slow down as energy costs ease: Reuters poll
TOKYO (Reuters) — Japan's core consumer inflation was expected to ease in November, slowing down to the level seen in mid-2022, partly as energy price gains weakened, a Reuters poll showed on Friday.
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