Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Societe Generale gears up for Lyxor asset management sale – sources
By David French and Pamela Barbaglia NEW YORK/LONDON (Reuters) - Societe Generale is gearing up to launch the sale of its asset management arm Lyxor as the French lender seeks to shore up its finances...
Sep 20, 2020
U.S. judge blocks Commerce Department order to remove WeChat from app stores
By David Shepardson WASHINGTON (Reuters) - A U.S. judge early Sunday blocked the Commerce Department from requiring Apple Inc and Alphabet Inc's Google to remove Chinese-owned messaging app WeChat for...
Sep 20, 2020
Italy sees GDP down 9% this year, rising more than 5% in 2021 – sources
By Giuseppe Fonte and Gavin Jones ROME (Reuters) - Italy expects its coronavirus-hit economy to grow by more than 5% next year after shrinking 9% in 2020, two government sources told Reuters on Sunday...
Sep 20, 2020
German public sector unions prepare walkouts over pay
BERLIN (Reuters) - German public sector workers unions are preparing to take industrial action including walkouts next week after making no progress in a second round of wage talks with the government...
Sep 20, 2020
Iran’s rial hits record low as tension spikes with the U.S.
DUBAI (Reuters) - The Iranian rial fell to a record low against the U.S. dollar on the unofficial market on Sunday, a day after the U.S. President Donald Trump's administration declared all United Nat...
Sep 20, 2020
Macron challenger presses France to save tyre plant
PARIS (Reuters) - France should invest in a Bridgestone tyre plant threatened with closure, the head of its regional government who plans to run against President Emmanuel Macron in 2022 said on Sunda...
Sep 20, 2020
Facebook tells Irish court that probe threatens its EU operations – newspaper
DUBLIN (Reuters) - Facebook has told Ireland's High Court it cannot see how its services could operate in the European Union if regulators freeze its data transfer mechanism, the Sunday Business Post ...
Sep 20, 2020
China’s Guolian Securities to acquire Sinolink Securities
(Reuters) - Guolian Securities Co said on Sunday it would acquire Sinolink Securities Co through a share swap and stake purchase, a move that accelerates the consolidation of Chinese brokerages. The a...
Sep 20, 2020
China’s ByteDance seeks $60 billion TikTok valuation in U.S. deal: Bloomberg News
(Reuters) - China's ByteDance Ltd is seeking a valuation of $60 billion for TikTok as Oracle Corp and Walmart Inc take stakes in the short-video app's business to address U.S. security concerns, Bloom...
Sep 20, 2020
EU seeks new powers to penalize tech giants: FT
(Reuters) - The European Union wants to arm itself with new powers to penalize big technology companies, the Financial Times reported on Sunday. The proposed plan includes forcing tech giants to break...
Sep 20, 2020
