Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
LVMH says no need to fast-track decision on Tiffany’s lawsuit
PARIS (Reuters) - LVMH said on Thursday it had asked a U.S. court to reject a request by U.S. jeweller Tiffany , which is seeking to fast-track legal proceedings over its troubled $16 billion acquisit...
Sep 17, 2020
Rivian, Redwood Materials among first recipients of Amazon’s $2 billion climate fund
(Reuters) - EV startup Rivian and Tesla co-founder J.B. Straubel-led Redwood Materials have been named among the first recipients of investments from Amazon.com Inc's $2 billion Climate Pledge Fund, t...
Sep 17, 2020
Ferroglobe, creditors hire advisors as debt restructuring speeds up: sources
By Clara Denina LONDON (Reuters) - Ferroglobe, the largest western producer of silicon metal, and its creditors have hired finacial advisers to speed up a restructuring of the company's $451 million o...
Sep 17, 2020
UK looking at funding options for EDF’s Sizewell C nuclear plant
LONDON (Reuters) - Britain is looking at funding options for the 17-18 billion pound ($22-$23 billion) Sizewell C nuclear plant that France's EDF is scheduled to build in eastern England, a spokesman ...
Sep 17, 2020
U.S. housing starts drop as multi-family home construction slumps
WASHINGTON (Reuters) - U.S. homebuilding fell in August after strong gains in the prior three months, but the housing market remains supported by record low interest rates and demand for properties in...
Sep 17, 2020
Carlsberg raises 2020 outlook on strong sales in China, Eastern Europe
COPENHAGEN (Reuters) - Danish brewer Carlsberg on Thursday raised its full-year earnings expectations after positive momentum last month, buoyed by solid sales in Eastern Europe and an improved outloo...
Sep 17, 2020
Russia’s Novak urges OPEC+ members to comply fully with output pact
MOSCOW (Reuters) - Russian Energy Minister Alexander Novak in his opening remarks to an OPEC+ panel online meeting on Thursday urged participants in the group's oil reduction pact to fully comply with...
Sep 17, 2020
Explainer: Lebanon’s financial meltdown and how it happened
By Edmund Blair BEIRUT (Reuters) - Lebanon is grappling with a deep economic crisis after successive governments piled up debt following the 1975-1990 civil war with little to show for their spending ...
Sep 17, 2020
Delta secures $9 billion in financing against loyalty program
(Reuters) - Delta Air Lines said on Thursday it is raising $9 billion through new bonds and loans backed by its SkyMiles loyalty program, as the carrier attempts to strengthen its cash position to wea...
Sep 17, 2020
BHP sought to disturb cultural sites even after concerns raised: inquiry
By Melanie Burton MELBOURNE (Reuters) - BHP Group pursued permission to damage Aboriginal cultural sites in April, an Australian parliamentary inquiry heard on Thursday, despite being told of the dist...
Sep 17, 2020
