Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
HSBC in final talks to sell French retail business at hefty loss: sources
By Arno Schuetze and Maya Nikolaeva FRANKFURT/PARIS (Reuters) - Cerberus and a rival investment firm have told HSBC they would buy its French retail arm for a symbolic one euro provided the British ba...
Sep 28, 2020
Exclusive: Lagarde’s peace at risk as ECB splits over virus response – sources
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - European Central Bank policymakers are increasingly divided over how to steer the economy through a second wave of COVID-19, threatening Pr...
Sep 28, 2020
Brazil’s Petrobras pays off $2 billion revolving credit line
BRASILIA (Reuters) - Brazilian state-controlled oil producer Petroleo Brasileiro S.A. said on Monday that it has fully repaid the remaining $2 billion balance on its dollar-denominated revolving credi...
Sep 28, 2020
Sweden’s Atlas Copco agrees to buy Perceptron to expand into machine vision
By Johannes Hellstrom STOCKHOLM (Reuters) - Sweden's Atlas Copco said on Monday it had agreed to buy U.S group Perceptron , a supplier of automated metrology products, for 630 million Swedish crowns (...
Sep 28, 2020
Three top Apple suppliers to commit $900 million to India smartphone incentive plan: sources
By Sankalp Phartiyal NEW DELHI (Reuters) - Three of Apple Inc's top contract manufacturers plan to invest a total of almost $900 million in India in the next five years to tap into a new production-li...
Sep 28, 2020
Amazon to hold Prime Day event on Oct. 13-14
(Reuters) - Amazon.com Inc said on Monday it would hold its annual shopping event, Prime Day, on Oct. 13 and 14. The company earlier this year postponed the two-day shopping event, started in 2015 to ...
Sep 28, 2020
Futures bounce as China industrial profits rise
By Devik Jain (Reuters) - U.S. stock index futures rose on Monday as hopes of a global economic recovery were supported by data showing continued growth in China's industrial profits, while beaten dow...
Sep 28, 2020
Vista Outdoor to buy gunmaker Remington’s ammunition business
(Reuters) - Vista Outdoor Inc said on Monday it would buy some parts of U.S. gunmaker Remington Outdoor Co Inc's ammunition and accessories businesses for about $81 million. Remington in July filed fo...
Sep 28, 2020
Walmart picks EG Group founders, TDR Capital as winning Asda bidders: Sky News
(Reuters) - Walmart Inc has selected the founders of UK petrol station operator EG Group and private equity firm TDR Capital as the preferred bidders for its Asda supermarket chain, valued at 6.5 bill...
Sep 28, 2020
Shale producer Devon Energy to buy peer WPX Energy for $2.56 billion
(Reuters) - U.S. oil and gas producer Devon Energy Corp will buy peer WPX Energy Inc for $2.56 billion, the company said on Monday, as it looks to expand its presence in the Delaware portion of the Pe...
Sep 28, 2020
