Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
EU markets watchdog has no plans to scrap Euribor benchmark
LONDON (Reuters) - Euribor, a euro version of the tarnished Libor interest rate benchmark, will be available for the forseeable future, the European Union's markets watchdog said on Monday. Regulators...
Sep 21, 2020
J.P. Morgan opens way for COVID support with key bond index changes
LONDON (Reuters) - J.P. Morgan's prominent bond index division has made a key rule change that could pave the way for some of the world's poorest countries struggling with the COVID-19 pandemic to rec...
Sep 21, 2020
Bids for Exxon UK’s oil and gas fields due on Oct. 28: sources
(Reuters) - Bids for a portfolio of Exxon Mobil's British North Sea oil and gas fields, which is expected to fetch around $1 billion following this year's oil price weakness, are due on Oct. 28, two s...
Sep 21, 2020
Cobalt demand for 5G technology to challenge electric vehicles
By Pratima Desai LONDON (Reuters) - The need for larger rechargeable batteries and more energy storage for 5G technology is expected to significantly boost demand for cobalt over coming years and pote...
Sep 21, 2020
Wall Street-backed exchange MEMX to launch on Monday: WSJ
(Reuters) - The Members Exchange (MEMX), a new bourse backed by major Wall Street firms as a potential rival to the New York Stock Exchange and the Nasdaq , is set to launch on Monday, the Wall Street...
Sep 21, 2020
Illumina to pay $7.1 billion for cancer test developer Grail: WSJ
(Reuters) - Gene sequencing company Illumina Inc will pay $7.1 billion in cash and stock to buy cancer test startup Grail Inc, the Wall Street Journal reported on Monday, citing people familiar with t...
Sep 21, 2020
Musk says record Tesla vehicle deliveries possible in third quarter
SEOUL/BEIJING (Reuters) - Tesla Inc has a chance to deliver a record number of vehicles in the third quarter, the U.S. electric carmaker's Chief Executive Officer Elon Musk said in an internal email, ...
Sep 21, 2020
ECB has major influence on euro, whether it likes it or not: Bundesbank
FRANKFURT (Reuters) - The European Central Bank may protest that it does not intend to steer the euro's exchange rate, but it has a large and growing influence on the single currency through its polic...
Sep 21, 2020
JD.com to spin off health unit, list in Hong Kong
(Reuters) - JD.com is planning to spin off its health unit and list it on the Hong Kong stock exchange, the Chinese e-commerce retailer said on Monday. The plans for JD Health International Inc comes ...
Sep 21, 2020
Norway to spend $1.8 billion on world’s first full-scale CCS chain
OSLO (Reuters) - The Norwegian government said on Monday it would finance 16.8 billion Norwegian crowns ($1.83 billion) out of the total investment cost of 25.1 billion crown cost for what could be th...
Sep 21, 2020
