Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Euro zone consumer prices fall in August as energy costs plunge
BRUSSELS (Reuters) - Euro zone consumer prices fell in August, against market expectations of a small increase, pulled down by a sharp drop in energy prices, the European Union's statistics office Eur...
Sep 01, 2020
EU Ombudsman says banking watchdog will avoid ‘damaging’ staff moves in future
LONDON (Reuters) - The European Union's banking watchdog has implemented recommendations to avoid further "damaging revolving door" moves by its senior officials to private sector lobby groups, the EU...
Sep 01, 2020
UK mortgage approvals jump as housing market bounces back
LONDON (Reuters) - British mortgage lending accelerated more quickly than expected in July, a latest sign of a post-lockdown bounce-back in the housing market, data from the Bank of England showed on ...
Sep 01, 2020
UK factories see big upturn in August, but from low ebb: PMI
LONDON (Reuters) - British factory output recovered some ground lost to the COVID-19 pandemic as output rose in August at the fastest pace in more than six years, albeit from a low level, a survey sho...
Sep 01, 2020
Germany revises upward 2020 GDP forecast, sees weaker rebound in 2021: sources
By Michael Nienaber and Christian Kraemer BERLIN (Reuters) - Germany expects the economic devastation caused by the COVID-19 pandemic to be less severe than originally feared this year, but it now see...
Sep 01, 2020
Citi sharply raises global equity earnings estimate
LONDON (Reuters) - Citi analysts sharply raised their earnings per share (EPS) forecasts for world stocks on a top-down basis, saying their first response right after the COVID-19 was "too bearish". T...
Sep 01, 2020
Euro zone factory output stayed strong in August: PMI
LONDON (Reuters) - Euro zone manufacturing activity remained on a recovery path last month, a survey showed on Tuesday, but factory managers were wary about investing and hiring workers as the coronav...
Sep 01, 2020
Maersk to cut jobs in major reorganisation, internal email says
COPENHAGEN (Reuters) - Shipping group Maersk will cut job cuts as part of a major reorganisation, an internal email sent to Maersk employees shows. Maersk, which handles about one in five containers s...
Sep 01, 2020
German manufacturing recovery remains on track in August: PMI
BERLIN (Reuters) - German manufacturers' recovery from lockdown measures continued last month, with output growing at the fastest pace since February 2018, a survey showed on Tuesday. IHS Markit's fin...
Sep 01, 2020
ECB’s De Guindos sees a strong rebound of euro zone economy in third-quarter
MADRID (Reuters) - The euro zone economy has experienced a strong recovery in the third quarter even though the most recent incoming data in August have been less robust, European Central Bank Vice Pr...
Sep 01, 2020
