Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
BlackRock gets regulators’ approval to set up China mutual fund unit
SHANGHAI/BEIJING (Reuters) - BlackRock has become the first global asset manager to win regulatory approval to set up a mutual fund unit in China, as Beijing throws open its 17.7 trillion yuan ($2.58 ...
Aug 28, 2020
Activist lawyer Wolosky sues Williams Cos over poison pill
By Svea Herbst-Bayliss BOSTON (Reuters) - Lawyer Steve Wolosky usually helps activist investors like Starboard Value take on corporate America. Now he is taking center stage himself, wading into a gov...
Aug 28, 2020
Peter Thiel-backed Compass Pathways files for U.S. IPO
(Reuters) - Peter Thiel-backed Compass Pathways Plc on Friday filed for an initial public offering (IPO), adding to a flurry of filings from tech companies during a week that has already seen Palantir...
Aug 28, 2020
Operator of Trump International Hotel in Vancouver files for bankruptcy
By Moira Warburton VANCOUVER (Reuters) - The company that operates the Trump International Hotel in Vancouver said on Friday it has filed for bankruptcy, blaming the coronavirus pandemic for lost reve...
Aug 28, 2020
Brazil’s Bolsonaro committed to austerity, says economy minister
BRASILIA (Reuters) - Brazilian President Jair Bolsonaro is committed to austerity and favors fiscally responsible economic stimulus, Economy Minister Paulo Guedes said on Friday, at the end of a week ...
Aug 28, 2020
TikTok says it has not received a bid from Centricus and Triller
NEW YORK (Reuters) - Investment firm Centricus Asset Management Ltd and social media app Triller Inc have not submitted an offer for the TikTok assets that China's ByteDance is seeking to a divest, a ...
Aug 28, 2020
Zuckerberg says Facebook’s failure to remove militia page ‘an operational mistake’
(Reuters) - Facebook Chief Executive Officer Mark Zuckerberg said on Friday the company was at fault for not removing the page and event for a militia group before two people were killed at a protest ...
Aug 28, 2020
Apple terminates Epic Games’ account on App Store
(Reuters) - Apple Inc said on Friday it had terminated "Fortnite" creator Epic Games' account on its app store, following a legal battle between the two over the iPhone maker's in-app payment guidelin...
Aug 28, 2020
Brazilian airline Azul may shun government bailout, eyes private credit
SAO PAULO (Reuters) - Brazilian airline Azul SA may forego a bailout package offered by state bank BNDES, as the company believes it will be able to get credit at more favorable terms in the private s...
Aug 28, 2020
Value bulls bang drum for cheap stock resurgence on Fed, vaccine hopes
By Rodrigo Campos NEW YORK (Reuters) - As U.S. stocks hit record highs, some investors are betting the market's future gains will be increasingly driven by some of its lesser-loved companies. Value st...
Aug 28, 2020
