Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Mars drops Uncle Ben’s brand image after racial stereotyping row
(Reuters) - Mars Inc said on Wednesday it was changing the name and branding of its Uncle Ben's rice products after the brand came under fire for promoting racial stereotypes. The company said it woul...
Sep 23, 2020
Brazil’s JBS launches fund to foster Amazon preservation
By Roberto Samora SAO PAULO (Reuters) - JBS SA , the world's top meatpacker, launched on Wednesday a 1 billion reais ($182.77 million) fund to foster social and economic development in the Amazon, acc...
Sep 23, 2020
Hedge fund manager Alexander Klabin to invest in auction house Sotheby’s
(Reuters) - Hedge fund manager Alexander Klabin will invest in international art auction house Sotheby's and become the executive chairman of its art financing business, the company said on Wednesday....
Sep 23, 2020
Credit Suisse, UBS held tie-up talks backed by both chairmen: Bilanz
ZURICH (Reuters) - The chairmen of UBS and Credit Suisse supported a merger of equals between Switzerland's two largest banks during discussions earlier this year, Swiss magazine Bilanz reported on We...
Sep 23, 2020
Hong Kong government ends Disney’s option for expanding theme park
HONG KONG (Reuters) - Walt Disney Co will lose its option to buy a plot of land next to its Hong Kong theme park that was to allow for future expansion after the city's government said on Wednesday it...
Sep 23, 2020
China will allow more foreign investors to invest in listed firms: state media
BEIJING (Reuters) - China's cabinet said on Wednesday it will allow more qualified foreign investors to make strategic investment in Chinese listed companies, state television reported. China will ste...
Sep 23, 2020
Tesla’s ‘Battery Day’ drives reality check for recent share surge
(Reuters) - Tesla Inc faced a stock market reality check on Wednesday after a much hyped "Battery Day" event which Wall Street analysts judged chiefly for its omissions and hazy delivery deadlines. In...
Sep 23, 2020
SEB money-laundering problems ‘not new’, says Swedish FSA
STOCKHOLM (Reuters) - Sweden's financial watchdog said on Wednesday that it was well known that lender SEB had past deficiencies regarding money-laundering in the Baltics after Swedish Television (SVT...
Sep 23, 2020
Baking, cereal demand boosts General Mills’ sales, shares rise
(Reuters) - General Mills Inc beat sales and profit estimates for the first quarter on Wednesday, as people stuck at home due to the COVID-19 pandemic stocked up on its baking products and cereals. Sh...
Sep 23, 2020
Exclusive: Hyundai in talks with EU on concessions over Daewoo deal – sources
BRUSSELS (Reuters) - World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd are in talks with EU antitrust regulators on concessions to allay competition concerns about its $1.8 billi...
Sep 23, 2020
