Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Money market turmoil in March shows past reforms may be insufficient -U.S. Treasury official
WASHINGTON (Reuters) - Turmoil in money market mutual funds sparked by the coronavirus pandemic in March shows that decade-old reforms to the industry may not be sufficient to avert major outflows dur...
Sep 29, 2020
Fed’s Williams sees about three years for full U.S. recovery
(Reuters) - The U.S. recovery from the coronavirus-linked recession has been more robust than expected, a top Federal Reserve policymaker said on Tuesday, though he added it could be about three years...
Sep 29, 2020
Emissions crunch drives Volkswagen to overhaul its supercar strategy
By Edward Taylor, Jan Schwartz and Ilona Wissenbach WOLFSBURG, Germany (Reuters) - Volkswagen is reviewing the future of its high-performance brands Lamborghini, Bugatti and Ducati as part of broader ...
Sep 29, 2020
French telcos take 5G spectrum price tag to at least 2.4 billion euros
By Mathieu Rosemain PARIS (Reuters) - French telecoms operators brought the price tag for the country's 5G spectrum to at least 2.4 billion euros on Tuesday, the first day of a long-delayed auction th...
Sep 29, 2020
Oil rig owner Borr secures extra liquitity from lenders
OSLO (Reuters) - Lenders to oil rig operator Borr Drilling have agreed to provide about $12 million in extra liquidity, the company said on Tuesday. Borr, which is listed in Oslo and New York, reached...
Sep 29, 2020
JPMorgan broker subsidiary admits to manipulative trading in U.S. Treasuries, agrees to pay $35 million in SEC order
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Tuesday said it has charged a broker-dealer subsidiary of JPMorgan Chase & Co. for fraudulently engaging in manipulative tra...
Sep 29, 2020
India in negotiations with Germany over Lufthansa flights
MUMBAI (Reuters) - India's aviation regulator on Tuesday said it is in negotiations with Germany over flights between the nations after German carrier Lufthansa said it was forced to cancel some fligh...
Sep 29, 2020
Dutch chipmaker NXP opens gallium-nitride 5G chip plant in Arizona
By Stephen Nellis (Reuters) - Netherlands-based chipmaker NXP Semiconductors NV on Tuesday said it has opened a factory in the U.S. state of Arizona to manufacture chips used in fifth-generation (5G) ...
Sep 29, 2020
U.S. renews pressure on Europe to ditch Huawei in new networks
By Robin Emmott BRUSSELS (Reuters) - Telecoms company Huawei Technologies is part of China's surveillance state, complicit in human rights abuses, a senior U.S. official said on Tuesday, as Washington...
Sep 29, 2020
GM says it is ‘continuing discussions’ with Nikola on alliance deal
DETROIT (Reuters) - General Motors Co and Nikola Corp have not finalized their deal to jointly build electric pickup trucks and hydrogen fuel cell tractor-trailers, one day ahead of the date targeted,...
Sep 29, 2020
