Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Germany sees agreement on recovery fund cash distribution in October
BERLIN (Reuters) - Germany, current president of the European Union, expects to resolve controversial details of the distribution of money from the 750 billion euro ($879.30 billion) recovery fund wit...
Oct 02, 2020
Euro zone inflation will remain negative this year: ECB’ de Guindos
FRANKFURT (Reuters) - Euro zone inflation will remain negative for the rest of the year, European Central Bank Vice President Luis de Guindos said on Friday, just after fresh data showed price growth ...
Oct 02, 2020
Uber Freight raises $500 mln, valuation rises to $3.3 billion
(Reuters) - Uber Technologies Inc said on Friday New York-based private equity firm Greenbriar Equity Group would invest $500 million in its logistics arm, Uber Freight, valuing the unit at $3.3 billi...
Oct 02, 2020
ACS shares soar after Vinci offers $6 billion for its industrial unit
By Inti Landauro and Clara-Laeila Laudette MADRID (Reuters) - Shares of Spanish engineering and infrastructure group ACS surged 16% on Friday after French rival Vinci made a non-binding offer to buy A...
Oct 02, 2020
Walmart sells Asda to EG-TDR consortium for $8.8 billion
LONDON (Reuters) - Walmart Inc has agreed to sell its British supermarket chain Asda to private equity group TDR Capital and the founders of petrol station operator EG Group for 6.8 billion pounds ($8...
Oct 02, 2020
Canadian dollar seen higher if commodity prices rebound: Reuters poll
By Fergal Smith TORONTO (Reuters) - The Canadian dollar is set to gain more than 2% against its U.S. counterpart in a year as an expected recovery in the global economy from the coronavirus crisis imp...
Oct 02, 2020
Investors cautiously return to tech-focused ETFs after big pullback: Refinitiv
LONDON (Reuters) - Passive investors cautiously returned to investing in some index-tracking technology funds in latest week after pulling out more than a billion dollars as rising uncertainty around ...
Oct 02, 2020
Intel wins second phase of contract to help Pentagon develop chips
By Stephen Nellis (Reuters) - Intel Corp on Friday said that it has won a second-phase contract in a project aimed at helping the U.S. military make more advanced semiconductors within the United Stat...
Oct 02, 2020
With the Feds circling, Google is starting to play nice with smaller rivals
By Paresh Dave and Sheila Dang (Reuters) - Small rivals of Alphabet Inc's Google say signs are emerging of more benevolent behavior from the online advertising leader amid accusations by the U.S. gove...
Oct 02, 2020
Vietnam city says approves LNG project to be developed by Exxon Mobil
HANOI (Reuters) - Vietnam's port city of Haiphong said authorities had approved a $5.09 billion liquefied natural gas power and terminal project due to be developed by Exxon Mobil Corp and to start po...
Oct 02, 2020
