Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Suez Chairman Varin: We need some time to prepare alternatives
By Bertrand Boucey and Dominique Vidalon PARIS (Reuters) - French waste and water management firm Suez , target of a hostile takeover bid from rival Veolia , said on Wednesday it needed some time to p...
Sep 23, 2020
Exclusive: Nigeria’s Buhari to send long-awaited oil reform bill to Senate – sources
By Libby George LAGOS(Reuters) - Nigerian President Muhammadu Buhari has signed a long-awaited oil-reform bill and it will be formally presented in the Senate as early as next week, four sources famil...
Sep 23, 2020
UBS Wealth says no-deal Brexit would weaken pound to $1.25, sees sharp fall in banking stocks
LONDON (Reuters) - UBS Global Wealth Management said it expects the British pound to weaken to $1.25 and domestic banking stocks to slump 15-20% if the UK fails to strike a trade deal with the Europea...
Sep 23, 2020
Nike shares set for record high after digital sales power stellar results
(Reuters) - Nike Inc's shares were set to open at a record high on Wednesday after the world's largest sports shoemaker posted stellar quarterly results, driven by online sales. Shares of the company ...
Sep 23, 2020
Advertisers agree deal with social media on steps to curb harmful content
By Martinne Geller LONDON (Reuters) - Facebook, YouTube and Twitter have agreed with big advertisers on first steps to curb harmful content online, following boycotts of social media platforms that ad...
Sep 23, 2020
Exclusive: How COVID-19 stimulus money will end up in U.S. tobacco farmers’ pockets
By P.J. Huffstutter and Tom Polansek CHICAGO (Reuters) - U.S. government aid payments to tobacco farmers will be channeled through a new account within the office of the agriculture secretary, an unus...
Sep 23, 2020
BNP Paribas Swiss business joins commodity trade finance exodus
PARIS (Reuters) - The Swiss arm of France's BNP Paribas said it is closing its commodity trade finance business, the latest bank to withdraw after the coronavirus crisis led to defaults and exposed a ...
Sep 23, 2020
TSMC warns China-U.S. deleveraging will drive up costs
TAIPEI (Reuters) - The deleveraging of China-U.S. supply chains and protectionism on both sides of the Pacific will only drive up costs and limit the flow of ideas, the chairman of Taiwan Semiconducto...
Sep 23, 2020
UK’s post-lockdown recovery loses steam as household demand weakens
By David Milliken LONDON (Reuters) - Britain's recovery from the coronavirus lockdown lost some momentum this month, a business survey showed, as consumer-facing sectors suffered from the end of a gov...
Sep 23, 2020
Nearly 36,000 Japan firms shut down business due to COVID-19 – think tank
TOKYO (Reuters) - Nearly 36,000 Japanese companies have chosen to discontinue their business so far this year, mainly due to the hit from the coronavirus crisis and up sharply from a year ago in a sig...
Sep 23, 2020
