Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Asian stocks set for higher open on central bank support
By John McCrank NEW YORK (Reuters) - Asian shares looked set to rise on Friday following pledges by central bankers globally to do whatever it takes to support the economic recovery while oil perked u...
Sep 17, 2020
U.S. Judge may temporarily halt Trump’s WeChat ban: Bloomberg News
(Reuters) - A U.S. judge said she is willing to temporarily halt President Donald Trump's ban on Chinese-owned messaging app WeChat following requests by its users, Bloomberg News reported on Thursday...
Sep 17, 2020
Apparel group says broad ban on China’s Xinjiang cotton impossible to enforce
By David Lawder WASHINGTON (Reuters) - The head of a major apparel industry group told lawmakers on Thursday that blanket U.S. import bans on cotton or other products from China's Xinjiang region over...
Sep 17, 2020
UK employers scale back hiring plans for 2021, CBI says
LONDON (Reuters) - Far more British businesses than last year are planning to cut recruitment of new staff or freeze hiring entirely over the next 12 months, following the hit from the coronavirus pan...
Sep 17, 2020
Delta reaches tentative deal to reduce pilot furloughs by 220: memo
CHICAGO (Reuters) - Delta Air Lines has reached a tentative agreement with the negotiating committee of its pilots' union to reduce the number of furloughs by 220, bringing the new total number of job...
Sep 17, 2020
UPS to offer buyouts to some employees
(Reuters) - United Parcel Service Inc said on Thursday it was offering buyouts to some employees, as Chief Executive Carol Tom aims to curb costs at the delivery firm. "Aligning our talent with the ne...
Sep 17, 2020
Mexico’s Cemex to redeem nearly $1 billion worth of senior bonds
MEXICO CITY (Reuters) - Mexican cement maker Cemex said on Thursday that it aims to redeem 185 million euros ($219.11 million) worth of senior bonds maturing in 2024 and $750 million worth of senior b...
Sep 17, 2020
Federal Reserve prepares second stress test for large U.S. banks
WASHINGTON (Reuters) - The U.S. Federal Reserve laid out on Thursday two severe hypothetical recessions it will use to test whether banks can continue to weather an economic downturn from the coronavi...
Sep 17, 2020
Canada launches emissions reduction fund from Volkswagen fine
By Mahad Arale TORONTO (Reuters) - Canada launched a fund on Thursday to invest in community-based projects to curb emissions, with bulk of the money coming from a fine that Volkswagen AG paid for bre...
Sep 17, 2020
Trump to announce $13 billion in farm aid on Thursday: source
WASHINGTON (Reuters) - U.S. President Donald Trump will announce a new round of aid to farmers of about $13 billion at a campaign rally in Wisconsin on Thursday night, a source familiar with the situa...
Sep 17, 2020
