Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Are higher Treasury yields coming? Options traders bet yes
By April Joyner NEW YORK (Reuters) - Options investors are positioning for rising Treasury yields, as improving data and rising hopes for a COVID-19 vaccine fuel bets on U.S. economic growth. The aver...
Sep 16, 2020
Lawmaker Rubio urges Trump to scrap TikTok-Oracle deal if Bytedance ties remain
WASHINGTON (Reuters) - A top Republican lawmaker called on the Trump administration to reject a proposed deal for Oracle to become a "trusted technology provider" for popular social media platform Tik...
Sep 16, 2020
Morgan Stanley doesn’t expect second quarter trading boom to continue
NEW YORK (Reuters) - Morgan Stanley's Chief Financial Officer Jonathan Pruzan said on Wednesday the bank doesn't expect its sales and trading and investment banking business to perform as well in the ...
Sep 16, 2020
U.S. business inventories post first gain this year
WASHINGTON (Reuters) - U.S. business inventories increased for the first time this year in July likely reflecting a record jump in goods imports as trade flows start to normalize after being severely ...
Sep 16, 2020
U.S. homebuilder confidence hits record high in September
WASHINGTON (Reuters) - U.S. single-family homebuilder confidence increased to a record high in September as historically low mortgage rates continue to boost the housing market despite the COVID-19 re...
Sep 16, 2020
EU leaders to ask European Commission to name areas of strategic weakness
BRUSSELS (Reuters) - European Union leaders will ask the EU executive next week to name strategic areas where the bloc relies too much on countries such as China and the United States, and to propose ...
Sep 16, 2020
U.S. CEO group says it supports carbon pricing to fight climate change
By Valerie Volcovici WASHINGTON (Reuters) - The Business Roundtable, a grouping of CEOs from some of the biggest U.S. companies, announced on Wednesday it supports market-based carbon pricing to fight...
Sep 16, 2020
U.S. Senate panel delays consideration of FAA reform bill
WASHINGTON (Reuters) - The U.S. Senate Commerce Committee has postponed consideration of a bill to overhaul how the Federal Aviation Administration certifies new airplanes in the wake of two fatal Boe...
Sep 16, 2020
Italy’s Recovery Fund windfall: panacea or poisoned chalice?
By Gavin Jones and Giuseppe Fonte ROME (Reuters) - Italy, the euro zone's third largest but most chronically sluggish economy, will soon get a windfall that could transform its fortunes - not necessar...
Sep 16, 2020
Volkswagen plans to take stake in Sixt: Manager Magazin
BERLIN (Reuters) - German car maker Volkswagen plans to take a stake in Sixt , a rental firm that has branched out into mobility services such as car sharing and ride hailing, Manager Magazine reporte...
Sep 16, 2020
