Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
UK insurers should make payments fast after business interruption judgment: watchdog
LONDON (Reuters) - Britain's markets watchdog said on Friday it was "critical" that insurers pay valid claims in full at the earliest possible date, following a High Court ruling on business interrupt...
Sep 18, 2020
U.S. judge declines to block Commerce Department WeChat order
By Karen Freifeld and David Shepardson NEW YORK/WASHINGTON (Reuters) - A U.S. judge in California declined to block the Commerce Department order issued Friday that will prohibit U.S. app stores from ...
Sep 18, 2020
EIB ups financing for Fiat Chrysler’s electric vehicles to 800 million euros
MILAN (Reuters) - The European Investment Bank (EIB) has increased to almost 800 million euros ($949 million) its funding to Fiat Chrysler Automobiles (FCA) to support production of electric and hybri...
Sep 18, 2020
Chime leapfrogs Robinhood as most valuable U.S. fintech startup
(Reuters) - Chime has raised $485 million in a new funding round that values the digital-only banking firm at $14.5 billion, a company spokeswoman said on Friday. At its latest valuation, Chime has no...
Sep 18, 2020
Bostic: ‘Fundamental’ effort needed to addcress racial wealth, economic gaps
By Howard Schneider WASHINGTON (Reuters) - The "pernicious and persistent" impact of long-outlawed policies like "redlining" Blacks out of white neighborhoods continues to influence the ability of min...
Sep 18, 2020
Fed says household finances improving, but low-income ones face tougher road
(Reuters) - U.S. households were in slightly better financial shape in July than in April, as more people received aid or returned to work, but signs of lasting economic pain began to emerge, particul...
Sep 18, 2020
House to consider bills on Chinese goods made with forced labor, Pelosi says
WASHINGTON (Reuters) - U.S. lawmakers will consider two bills next week on goods made with forced labor from China's Xinjiang region, House Speaker Nancy Pelosi said on Friday, with one that would res...
Sep 18, 2020
EU lending arm EIB to halt Belarus lending: source
LONDON (Reuters) - The European Union's lending arm, the European Investment Bank, is to stop funding new projects in Belarus as part of the bloc's response to the disputed re-election of President Al...
Sep 18, 2020
Proxy adviser Glass Lewis backs Noble Energy sale to Chevron: memo
NEW YORK (Reuters) - Glass Lewis has recommended that shareholders of Noble Energy Inc vote in favor of the energy producer's proposed $5 billion acquisition by Chevron Corp , the proxy advisory firm ...
Sep 18, 2020
Turkey’s Halkbank urges dismissal of Iran sanctions criminal case in U.S.
By Jonathan Stempel NEW YORK (Reuters) - Halkbank on Friday urged a judge to dismiss a U.S. indictment accusing the state-owned Turkish lender of helping Iran evade American sanctions, even as it seek...
Sep 18, 2020
