Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
U.S. Gulf of Mexico oil output down 1.29 million bpd after storm, data shows
(Reuters) - U.S. Gulf of Mexico crude oil production on Sunday remained down 70%, or 1.29 million barrels per day, according to data released by the U.S. Department of Interior, as companies continued...
Aug 30, 2020
Israeli government budget supervisor resigns
JERUSALEM (Reuters) - A senior Israeli Finance Ministry official resigned on Sunday and said the government was grossly mishandling the fallout from the coronavirus crisis by making "short-sighted" de...
Aug 30, 2020
Mexican airline Interjet to boost domestic flights
MEXICO CITY (Reuters) - Mexican airline Interjet said on Sunday it will increase the number of routes and frequency of its domestic flights starting in September, including boosting travel options to ...
Aug 30, 2020
Japan’s Eneos to hasten refinery consolidation as virus slams demand at home
By Yuka Obayashi and Ritsuko Shimizu TOKYO (Reuters) - Japan's biggest oil refiner Eneos Holdings Inc will hasten its transformation into a supplier of low-carbon energy and materials as domestic oil ...
Aug 30, 2020
Qatar sets new minimum wage, lifts restriction on changing jobs
DUBAI (Reuters) - Qatar on Sunday set a basic monthly minimum wage of 1,000 Qatari riyals ($274.6) and scrapped a rule requiring employers to consent to employees changing jobs. The announcement is th...
Aug 30, 2020
China’s big banks brace for lagging COVID-19 risks as bad loans rise
BEIJING/SHANGHAI (Reuters) - Four of China's five largest state-owned banks said they have increased their provisions against bad debt to brace for future losses due to the impact of the global corona...
Aug 30, 2020
Wizz Air to cut flights as Hungary closes borders to foreigners
BUDAPEST (Reuters) - Wizz Air will sharply reduce weekly flights to and from Hungary from Sept. 7, the airline said, after the government announced it would ban the entry of foreigners to try to rein ...
Aug 30, 2020
Senior China diplomat says it’s possible to agree EU-China investment accord by end-2020
PARIS (Reuters) - The Chinese government's top diplomat, State Councillor Wang Yi, said on Sunday it was possible to conclude an EU-China investment accord by the end of 2020. "I am thinking of the in...
Aug 30, 2020
Japan’s Daiwa gets approval for majority-owned China securities JV
BEIJING (Reuters) - Japan's Daiwa Securities Group Inc has received regulatory approval to launch a majority-owned joint venture in China that will provide brokerage and securities underwriting servic...
Aug 30, 2020
Israel hopes for UAE normalisation ceremony in DC next month, minister says
JERUSALEM (Reuters) - Israel hopes to hold a Washington ceremony solemnising its normalisation deal with the United Arab Emirates by mid-September, a member of Prime Minister Benjamin Netanyahu's cabi...
Aug 30, 2020
