Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
U.S. weekly jobless claims drop more than expected
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, but remained extraordinarily high amid signs that the labor market recover...
Sep 03, 2020
Factbox: How France plans to spend its way out of COVID-19 slump
PARIS (Reuters) - France announced a 100 billion euro ($118 billion) stimulus to drive a post-pandemic economic rebound in 2021, with a focus on investments in a greener economy, creating jobs and mak...
Sep 03, 2020
General Motors, Honda to form strategic alliance in North America
(Reuters) - General Motors and Japan's Honda Motor Co have signed a memorandum of understanding to form a North American automotive alliance, the U.S. automaker said on Thursday. The proposed alliance...
Sep 03, 2020
Euro zone public deficit levels unsustainable, ECB’s Wunsch says
FRANKFURT (Reuters) - Some euro zone countries are running unsustainable public finances as they try to cope with the coronavirus pandemic but they may still struggle to exit crisis fighting policies,...
Sep 03, 2020
Germany’s Scholz: EU needs to make more progress on European banking union
BERLIN (Reuters) - German Finance Minister Olaf Scholz said on Thursday that EU finance ministers should speed up stalled talks about bank reforms, a project also known as the European banking union, ...
Sep 03, 2020
U.S. airlines isolated in bid to scrap change fees forever
By Tracy Rucinski and Laurence Frost CHICAGO/PARIS (Reuters) - A radical bid to revive air travel demand by permanently sacrificing billions of dollars in fees to change tickets has left U.S. airlines...
Sep 03, 2020
Struggling airlines lead U.S. planned job cuts in August: report
WASHINGTON (Reuters) - U.S. employers announced another 115,762 job cuts in August, led by struggling airlines as the COVID-19 pandemic weighs on travel and financial assistance from the government la...
Sep 03, 2020
Campbell Soup forecasts up to 7% sales growth on pandemic boost
(Reuters) - Campbell Soup Co forecast current-quarter sales largely above market estimates after posting better-than-expected quarterly results on Thursday, boosted by higher demand for its Prego past...
Sep 03, 2020
Costa Coffee’s rejig plan to put 1,650 roles at risk
(Reuters) - Costa Coffee, a unit of Coca-Cola Co , said on Thursday a plan to streamline its UK in-store structure in response to the coronavirus pandemic will put nearly 1,650 jobs at risk. The coffe...
Sep 03, 2020
Investors snap up corporate debt, pushing some real yields below zero
By Karen Brettell and Kate Duguid (Reuters) - More U.S. corporate bonds are paying negative inflation-adjusted yields, as expectations that interest rates will stay near historic lows send investors s...
Sep 03, 2020
