Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Gulf’s fiscal diet risks deeper pain amid oil price uncertainty
By Davide Barbuscia DUBAI (Reuters) - Oil-rich Gulf nations are relying on a well-worn playbook of spending less and borrowing more to get through the coronavirus crisis but with the outlook for oil c...
Sep 14, 2020
Vitol CEO: Gasoline, diesel demand likely to return to pre-COVID-19 levels by fourth-quarter of 2021
By Florence Tan and Roslan Khasawneh SINGAPORE (Reuters) - Global oil demand in transportation sectors, with the exception of jet fuel, could return to pre-pandemic levels by the fourth quarter of 202...
Sep 14, 2020
China opens anti-subsidy probe on certain U.S. glycol ethers imports
BEIJING (Reuters) - China's commerce ministry said on Monday it launched an anti-subsidy investigation on certain glycol ethers imports from the United States starting from Sept. 14. The launch of the...
Sep 13, 2020
Carlyle may take $2 billion stake in retail arm of India’s Reliance: Mint
BENGALURU (Reuters) - Private equity firm Carlyle Group is looking to invest up to $2 billion in Indian conglomerate Reliance Industries' retail business, financial daily Mint reported on Monday, citi...
Sep 13, 2020
China’s new home prices growth steady, supports economic recovery
BEIJING (Reuters) - New home prices in China rose at a slightly faster monthly pace in August, as consumer demand showed signs of picking up in a boost to an economy recovering from the coronavirus cr...
Sep 13, 2020
Pound haunted by Brexit, yen looks to Abe successor vote
By Hideyuki Sano TOKYO (Reuters) - The British pound flirted with a 1-1/2-month low against the dollar on Monday on fears about no-deal Brexit while investors waited for Japan's ruling party to choose...
Sep 13, 2020
Oil mixed as storm threatens U.S. gulf production
TOKYO (Reuters) - Oil prices were mixed on Monday with U.S. crude rising as a tropical storm in the Gulf of Mexico forced rigs to shut down, but the gains were kept in check by wider concerns about ex...
Sep 13, 2020
South Korea government, Samsung team up for self-sufficiency after Japan export curbs on chip material
By Joyce Lee and Hyunjoo Jin DAEJEON, South Korea (Reuters) - When the South Korea government unveiled an expanded semiconductor material testing facility last month, the centrepiece was a towering wh...
Sep 13, 2020
Asian shares on firm footing as vaccine trials resume
SYDNEY (Reuters) - Asian shares started higher on Monday as hopes of a coronavirus vaccine were rekindled after AstraZeneca resumed its phase-3 trial while sentiment was still cautious ahead of a big ...
Sep 13, 2020
ByteDance picks Oracle as winning bidder for TikTok’s U.S. operations – source
(Reuters) - China's ByteDance has picked a consortium led by Oracle Corp for a deal for the U.S. operations of short-video app TikTok, beating out rival bidder Microsoft Corp , a person familiar with ...
Sep 13, 2020
