Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Harley books $75 million in fresh restructuring costs, discontinues India operations
(Reuters) - U.S. motorcycle maker Harley-Davidson said on Thursday it expects to report $75 million in additional restructuring costs for 2020 related to actions including discontinuing its sales and ...
Sep 24, 2020
UK watchdog tells banks to improve remote working safeguards
LONDON (Reuters) - Banks and investment firms have to come up with more "creative solutions" to avoid misconduct as staff work from home due to the coronavirus pandemic, Britain's Financial Conduct Au...
Sep 24, 2020
Japan Ministry of Finance to seek $242 billion for debt servicing FY2021/22: draft
By Takaya Yamaguchi TOKYO (Reuters) - Japan's Ministry of Finance is set to seek about $242 billion in debt servicing for the fiscal year from next April 1, up for a third straight year on a budget-re...
Sep 24, 2020
UK retail sales growth hits highest since April 2019: CBI survey
LONDON (Reuters) - British retail sales, one of the bright spots of the pandemic-hit economy, grew this month at the fastest rate since April 2019, a survey showed on Thursday. The Confederation of Br...
Sep 24, 2020
Canada ‘bets the farm’ on big spending as second wave threatens economic recovery
By Julie Gordon and Fergal Smith OTTAWA/TORONTO (Reuters) - Canada's vow to double down on pandemic-related spending to keep the economic recovery under way in the face of a second wave of COVID-19 in...
Sep 24, 2020
A roller coaster six months leaves U.S. recovery still uncertain
By Howard Schneider WASHINGTON (Reuters) - As businesses shuttered and millions hit the unemployment line last spring, the most dour predictions saw the United States heading for another Great Depress...
Sep 24, 2020
Shell considering sale of stake in Philippines’ Malampaya project
MANILA (Reuters) - Royal Dutch Shell PLC is looking to sell its 45% stake in the Malampaya gas-to-power project in the Philippines, the key power source of the country's main island of Luzon, its loca...
Sep 24, 2020
Business morale brightens in Germany, France despite coronavirus resurgence
By Michael Nienaber and Leigh Thomas BERLIN/PARIS (Reuters) - Business morale in Germany and France improved for the fifth month in a row in September, boosting hopes that the euro zone's two biggest ...
Sep 24, 2020
Not coming soon: Cineworld squeezed by movie delays, fears new virus curbs
By Tanishaa Nadkar (Reuters) - Cineworld , the world's second-biggest cinema operator, warned on Thursday it might need to raise more money if theatres shut again from fresh pandemic curbs after it sw...
Sep 24, 2020
Uber’s Mideast business Careem sees speedier-than-expected recovery
By Alexander Cornwell DUBAI (Reuters) - Uber Technologies Inc-owned Middle East business Careem is seeing its ride service recover more quickly than expected from the coronavirus crisis, while its del...
Sep 24, 2020
