Author Archives: Syndicated Content
U.S. core capital goods orders rise, but momentum slowing
New orders for key U.S.-made capital goods increased for a ninth straight month in January, pointing to continued strength in business spending on equipment early in the first quarter, though the pace...
Feb 25, 2021
South African medical schemes may no longer need to subsidise COVID vaccines: executives
JOHANNESBURG (Reuters) - South African medical schemes may no longer need to step in to subsidise COVID-19 vaccines for the wider population after the government allocated significant funds for the va...
Feb 25, 2021
Yellen backs new allocation of IMF’s SDR currency to help poor countries
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday threw her support behind a new allocation of the IMF's own currency, or Special Drawing Rights, but said broad parameters were n...
Feb 25, 2021
Target to expand Apple offerings in stores and online
(Reuters) - Target Corp said on Thursday it would double Apple Inc's footprint in some of its stores and expand online offerings, as the big box retailer beefs up its strategy to house popular brands ...
Feb 25, 2021
Philippine police to look into government admission of drug war failures
MANILA (Reuters) - Philippine police said on Thursday they were looking into a government review of thousands of killings in the country's "war on drugs", after the justice minister made an unpreceden...
Feb 25, 2021
U.S. weekly jobless claims fall more than expected
WASHINGTON (Reuters) - Fewer Americans filed new claims for unemployment benefits last week amid falling COVID-19 infections, but the near-term outlook for the labor market is unclear after winter sto...
Feb 25, 2021
Netflix to spend $500 million more to line up original shows, movies in South Korea
(Reuters) - Netflix Inc said on Thursday it plans to invest $500 million on original movies and TV shows in South Korea this year, as the streaming giant expands in one of the fastest growing markets ...
Feb 25, 2021
Moderna expects $18.4 billion in COVID-19 vaccine sales in 2021
By Manojna Maddipatla and Manas Mishra (Reuters) - Moderna Inc said on Thursday it expects COVID-19 vaccine sales of $18.4 billion this year, above the $15 billion in sales forecast by Pfizer Inc for ...
Feb 25, 2021
EY Germany head steps down in wake of Wirecard scandal
BERLIN (Reuters) - EY Germany said its head, Hubert Barth, was stepping down and announced plans for a programme to help restore trust in its work as an auditor following the collapse of payment servi...
Feb 25, 2021
Nasdaq futures slide 1% on tech sell-off; jobless claims in focus
By Devik Jain (Reuters) - Futures tracking the Nasdaq index fell 1% on Thursday, sliding for seven out of the last eight sessions, as investors rotated out of technology-related stocks into shares tha...
Feb 25, 2021
