Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Julius Baer must pay around 150 million sfr to Germany: court rules
ZURICH (Reuters) - Switzerland's highest court has ordered Julius Baer to pay a total of around 150 million Swiss francs ($162 million) following a claim by the German agency which oversaw the privati...
Sep 25, 2020
German export expectations hit highest level since October 2018
BERLIN (Reuters) - Optimism among German exporters - who have taken a battering due to the coronavirus crisis - hit its highest level in September since October 2018, the Ifo institute said on Friday....
Sep 25, 2020
Singapore August manufacturing surges 13.7% year-on-year, beats forecasts
SINGAPORE (Reuters) - Singapore's industrial output rose 13.7% year-on-year in August, beating economists' expectations, buoyed by a 44.2% jump in electronics production, official data showed on Frida...
Sep 25, 2020
GM energises China line-up with electric micro car
By Yilei Sun and Brenda Goh BEIJING (Reuters) - When 32-year-old photographer Jaco Xu needed a run-around car for work in the eastern city of Hangzhou, the price tag on the latest micro EV from GM's C...
Sep 25, 2020
Justice Department asks judge to allow U.S. to bar WeChat from U.S. app stores
WASHINGTON (Reuters) - The Justice Department early Friday asked a federal judge in San Francisco to allow the government to bar Apple Inc and Alphabet Inc's Google from offering WeChat for download i...
Sep 25, 2020
Air New Zealand begins drawing down government debt facility, flags future capital raising
SYDNEY (Reuters) - Air New Zealand Ltd said on Friday it had begun to draw down on a NZ$900 million ($589.95 million) government debt facility that would give it time to review its capital structure a...
Sep 24, 2020
Commonwealth Bank of Australia expects steady policy rates in October
SYDNEY (Reuters) - Economists at the Commonwealth Bank of Australia (CBA) expect the country's central bank to hold interest rates at a record low 0.25% at its Oct. 6 board meeting, in contrast to cal...
Sep 24, 2020
Developer China Evergrande falls on concern over cash crunch
HONG KONG (Reuters) - Shares of China Evergrande Group , the nation's No.2 property developer, dropped as much as 4.6% on Friday in early trade, on market concerns over its cashflow. The company has p...
Sep 24, 2020
Oil steady as market eyes coronavirus hit to demand
TOKYO (Reuters) - Oil prices were little changed on Friday but on track for a weekly fall on concerns that a global resurgence of COVID-19 infections will constrain fuel demand, while the likely retur...
Sep 24, 2020
G7 finance ministers seen backing extension of debt freeze for poorest nations – sources
WASHINGTON/TOKYO (Reuters) - G7 finance ministers are expected on Friday to signal their support for extending a debt relief programme aimed at helping the poorest countries weather the coronavirus pa...
Sep 24, 2020
