Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Goldman Sachs to not name more than 60 partners in 2020: WSJ
(Reuters) - Goldman Sachs Group Inc will name no more than 60 partners in 2020, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The bank's new class of partners, t...
Oct 06, 2020
WTO revises up forecast for goods trade to 9.2% decline in 2020
BRUSSELS (Reuters) - The World Trade Organization upgraded its forecast for trade in goods this year to a level still comparable to the decline during the global financial crisis, but better than init...
Oct 06, 2020
Business jet purchase plans mostly unscathed by COVID-19, Honeywell survey shows
By Allison Lampert MONTREAL (Reuters) - Business jet operators planning new aircraft purchases are largely undeterred by the battering the COVID-19 pandemic has done to the aviation sector, a Honeywel...
Oct 06, 2020
EU nominates Swedish finance minister Magdalena Andersson to head IMFC
BERLIN (Reuters) - European Union member states have agreed to nominate Swedish Finance Minister Magdalena Andersson to head the International Monetary and Financial Committee (IMFC), German Finance M...
Oct 06, 2020
U.S. trade deficit jumps to largest in 14 years in August
(Reuters) - The U.S. trade deficit surged in August to the largest in 14 years with imports climbing again, suggesting that trade could be a drag on economic growth in the third quarter. The Commerce ...
Oct 06, 2020
Lyft gives loyalty members free Grubhub restaurant delivery
By Tina Bellon and Hilary Russ NEW YORK (Reuters) - Ride-sharing service Lyft Inc will give its most loyal members free restaurant delivery from Grubhub Inc beginning Tuesday, a partnership that could...
Oct 06, 2020
UK’s Johnson promises lower deposits to boost home ownership
LONDON (Reuters) - British Prime Minister Boris Johnson pledged on Tuesday to make it easier for first-time homebuyers to take out a mortgage, in an effort to overturn "disgraceful" low rates of home ...
Oct 06, 2020
UK watchdog bans Bitcoin-based products for retail investors
LONDON (Reuters) - Britain's financial watchdog said on Tuesday it will ban the sale to retail investors of products that track the price of cryptoassets like Bitcoin, saying most people lose money on...
Oct 06, 2020
Exclusive: EU exploring using bond auctions for pandemic-linked debt sales
By Yoruk Bahceli AMSTERDAM (Reuters) - The European Commission is exploring using auctions to sell bonds as it prepares to ramp up debt issuance to finance the European Union's post-pandemic recovery ...
Oct 06, 2020
Daimler to cut fixed costs by more than 20% by 2025
FRANKFURT (Reuters) - Daimler on Tuesday said it will cut fixed costs, capex and research and development expenditure by more than 20% by 2025 compared with 2019 levels as part of a strategy overhaul ...
Oct 06, 2020
