Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Rule-of-law row is top challenge to EU COVID recovery fund: senior official
By Gabriela Baczynska BRUSSELS (Reuters) - Securing agreement on the exact conditions on respecting democracy to attach to the disbursement of European Union funds is the biggest challenge to implemen...
Sep 04, 2020
Take Five: ECB takes the hot seat
LONDON (Reuters) - 1/ EURO-WATCHING There's plenty for the ECB to chew over at its meeting on Thursday. The euro hit $1.20 for the first time since 2018 - not a big deal if that reflects optimism abou...
Sep 04, 2020
Indonesia’s debt monetization scheme only for 2020, says finmin
By Tabita Diela and Fransiska Nangoy JAKARTA (Reuters) - Indonesian Finance Minister Sri Mulyani Indrawati said on Friday that Bank Indonesia (BI) will buy government debt with zero return for only th...
Sep 04, 2020
Virgin Atlantic plans 1,150 more job cuts after completing rescue deal
LONDON (Reuters) - Virgin Atlantic plans 1,150 more job cuts due to a slow recovery in demand, the airline said on Friday after completing a restructuring deal designed to keep it going through the co...
Sep 04, 2020
Malaysia’s AirAsia X says lessor files $23 million claim for outstanding dues
KUALA LUMPUR (Reuters) - Malaysian long haul carrier AirAsia X on Friday said lessor BOC Aviation has filed a claim against the company for $23 million in outstanding dues. The budget airline said BOC...
Sep 04, 2020
California lets more businesses open, but for some it’s too late
By Sharon Bernstein SACRAMENTO, Calif. (Reuters) - The day California finally allowed hair salons to reopen after months of pandemic restrictions should have been a happy one for the sisters who own H...
Sep 04, 2020
Bank of Canada to revisit inflation-targeting, shadowing Fed: Reuters Poll
By Mumal Rathore BENGALURU (Reuters) - The Bank of Canada will remain in a holding pattern and likely follow the U.S. Federal Reserve's path of reviewing its current inflation-targeting framework to p...
Sep 04, 2020
Exclusive: Hungary central bank sees slower recovery, stimulus near its limits: sources
BUDAPEST (Reuters) - Hungary's recovery from the coronavirus pandemic will likely be slower than previously expected, two central bank sources told Reuters, adding that the bank was nearing its limits...
Sep 04, 2020
U.S. disasters cause insurance double whammy for pandemic-hit businesses
By Suzanne Barlyn and Alwyn Scott (Reuters) - As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United States, the novel coronavirus is g...
Sep 04, 2020
PetroChina’s Daqing refinery expands capacity to 200,000 bpd
BEIJING (Reuters) - PetroChina's Daqing refinery has expanded its crude oil processing capacity to 10 million tonnes per annum, or 200,000 barrels per day, from 6.5 million, after completing a two-yea...
Sep 04, 2020
