Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Nigerian, South Korean women through to final round in WTO chief race: sources
GENEVA (Reuters) - Nigeria's Ngozi Okonjo-Iweala and South Korea's Yoo Myung-hee are through to the final round of selection for the next director-general of the World Trade Organization, three source...
Oct 07, 2020
Coronavirus may push 150 million people into extreme poverty: World Bank
WASHINGTON (Reuters) - The World Bank said on Wednesday that the coronavirus pandemic could push as many as 150 million people into extreme poverty by the end of 2021, wiping out more than three years...
Oct 07, 2020
Failed U.S. stimulus talks could threaten economic recovery
By Howard Schneider and Megan Davies WASHINGTON (Reuters) - The White House's sudden exit from fiscal stimulus talks with Democrats in Congress has added another level of doubt to a U.S. economic reco...
Oct 07, 2020
UK sees ‘landing zone’ for Brexit trade deal but tells EU to hurry up
By Guy Faulconbridge, Kate Holton and William James LONDON (Reuters) - Britain's chief Brexit negotiator said on Wednesday he saw a landing zone for a trade deal with the European Union but sought to ...
Oct 07, 2020
China’s 2060 carbon neutral goal bill could hit over $5 trillion
By Jessica Jaganathan SINGAPORE (Reuters) - China's goal of reaching carbon neutrality by 2060 would require investments of more than $5 trillion, which would include renewable power generation capaci...
Oct 07, 2020
EBRD governors sign off on green investment pivot, Iraq to join
LONDON/ROME (Reuters) - Governors of European Bank for Reconstruction and Development pledged to shift more than 50% of the lender's investments towards green projects by 2025, gave Iraq the nod to jo...
Oct 07, 2020
Fed’s Kashkari sees ‘much worse’ downturn without more fiscal aid
(Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday joined other U.S. central bankers in calling for more government aid, hours after President Donald Trump blocked any r...
Oct 07, 2020
Brazil’s Car Wash corruption probe eyes Petrobras bunker fuel deals
By Ana Mano and Gram Slattery SAO PAULO/RIO DE JANEIRO (Reuters) - Brazilian police on Wednesday expanded the Car Wash corruption investigation to alleged kickbacks valued at $8 million on contracts f...
Oct 07, 2020
ECB’s Weidmann see no reason to easy policy further: Boersen-Zeitung
FRANKFURT (Reuters) - There's no reason to ease the European Central Bank's policy further as the euro zone economy could beat the ECB's expectations on the back of large fiscal stimulus, ECB policyma...
Oct 07, 2020
Hedge funds make pandemic bet on insurance
By Maiya Keidan and Carolyn Cohn LONDON (Reuters) - Five years after London-based hedge fund Toscafund ditched the shares it held in insurance companies, the $3.5 billion firm and its peers are flocki...
Oct 07, 2020
