Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Fed’s Powell says U.S. jobs report for August was ‘a good one’: NPR
(Reuters) - U.S. Federal Reserve Chair Jerome Powell on Friday said the U.S. jobs report for August was "a good one" while adding that the interest rates will stay low for several years. "I would say ...
Sep 04, 2020
Pentagon: re-evalution finds Microsoft’s JEDI proposal still is best
WASHINGTON (Reuters) - The U.S. Defense Department said on Friday it has completed a comprehensive re-evaluation of JEDI cloud computing proposals and determined that Microsoft Corp's submission conti...
Sep 04, 2020
Goldman Sachs, Morgan Stanley lower stress capital buffers after Fed’s correction
By Elizabeth Dilts Marshall (Reuters) - Goldman Sachs Group Inc and Morgan Stanley on Friday revised lower two key measures of the banks' ability to deploy cash in an emergency, after the Federal Rese...
Sep 04, 2020
No cause yet for ECB alarm over euro strength
By Olga Cotaga LONDON (Reuters) - How concerned should policymakers be by the euro's rapid rise to 28-month highs? Those tracking the currency's effects on growth, inflation and exports reckon it's st...
Sep 04, 2020
Canada’s TSX falls by most since June; loonie rebounds after jobs gain
By Fergal Smith TORONTO (Reuters) - Canada's main stock market index fell on Friday by the most in nearly three months as a selloff in high-flying technology shares continued, while the Canadian dolla...
Sep 04, 2020
Argentina’s old bonds wave goodbye as focus turns to new debt
By Walter Bianchi and Marc Jones BUENOS AIRES/LONDON (Reuters) - Out with the old. In with the new. Argentina's old sovereign bonds took their final bow on Friday after a near $65 billion restructurin...
Sep 04, 2020
Fast take: The jobs report and the U.S. presidential race
By Ann Saphir (Reuters) - An unexpectedly steep drop in the U.S. unemployment rate last month looks to offer fresh ammunition for President Donald Trump as he stumps for votes contending he is the bet...
Sep 04, 2020
U.S. judge rejects Ghosn’s accused escape plotters’ extradition challenge
BOSTON (Reuters) - A U.S. judge on Friday ruled that two Massachusetts men can be legally extradited to Japan to face charges they helped former Nissan Motor Co Chairman Carlos Ghosn flee the country ...
Sep 04, 2020
Truworths to close around half of British shoe chain Office’s stores
JOHANNESBURG (Reuters) - South Africa's Truworths International Ltd plans to close about 58 of its loss-making Office shoe stores in Britain, its CEO said on Friday, with an overhaul of the remainder ...
Sep 04, 2020
Britain names former Australian PM Abbott as trade adviser
LONDON (Reuters) - Britain named former Australian Prime Minister, Tony Abbott, as a trade adviser on Friday, rejecting complaints from critics that his conservative views about women and gay people m...
Sep 04, 2020
