Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Trump, Biden offer clashing visions on reopening economy
By Trevor Hunnicutt and Jason Lange (Reuters) - The coronavirus pandemic threw millions of Americans out of work, ended the longest U.S. economic expansion on record and undermined a key argument for ...
Sep 17, 2020
Fed’s Powell sees a long road to ‘maximum employment’
By Jonnelle Marte (Reuters) - The way Federal Reserve Chair Jerome Powell sees it, the U.S. labor market has a long way to go to meet the central bank's maximum employment goal and a lot of boxes to t...
Sep 17, 2020
Top Glove looks to list in Hong Kong after ‘supernormal’ pandemic demand
By Liz Lee KUALA LUMPUR (Reuters) - Malaysia's Top Glove Corporation Bhd said it planned to list in Hong Kong within six to nine months after "supernormal" demand for gloves during the COVID-19 pandem...
Sep 17, 2020
Uber plans to sell part of stake in China’s Didi: Bloomberg News
(Reuters) - Uber Technologies Inc is planning to sell part of its $6.3 billion stake in Chinese ride-hailing firm Didi Chuxing to raise cash, Bloomberg News reported https://bloom.bg/2RAViKg on Thursd...
Sep 17, 2020
ECB’s de Guindos says exchange rate is fundamental for inflation
FRANKFURT (Reuters) - The euro's exchange rate is a "fundamental" determinant of euro zone inflation, European Central Bank vice-president Luis de Guindos said on Thursday, joining a number of ECB pol...
Sep 17, 2020
EU okays 44 billion euro Italian recapitalisation scheme for virus-hit companies
BRUSSELS (Reuters) - EU competition regulators on Thursday gave the green light to a 44-billion-euro ($51.9 billion) Italian recapitalisation scheme for virus-hit large companies, saying this would su...
Sep 17, 2020
Euro zone August price fall confirmed, core inflation slows
BRUSSELS (Reuters) - Euro zone consumer prices fell in August, the EU's statistics office confirmed on Thursday, pulled down by a drop in energy prices, but core inflation that excludes such volatile ...
Sep 17, 2020
Global economic recovery may take five years, World Bank chief economist says
MADRID (Reuters) - The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World Bank's chief economist Carmen Reinhart said on Thursday...
Sep 17, 2020
EU’s Barnier still hopes trade deal with Britain possible: sources
BRUSSELS (Reuters) - The European Union's Brexit negotiator told the bloc's 27 national envoys to Brussels that he still hoped a trade deal with Britain was possible, stressing that the coming days wo...
Sep 17, 2020
UK workers slowly move off furlough programme: statistics office
LONDON (Reuters) - Ten percent of Britain's workforce remained on furlough between Aug. 24 and Sept. 6, edging down from 11% in the previous two-week period, according to a survey published by the cou...
Sep 17, 2020
