Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Exclusive: Sanofi more confident about its coronavirus vaccines
By Matthias Blamont PARIS (Reuters) - Sanofi's confidence in its coronavirus vaccine candidates has increased this summer as the French drugmaker prepares to start clinical trials, its chief executive...
Aug 28, 2020
Brazil ups debt ceiling to 4.9 trillion reais to accommodate crisis spending
By Jamie McGeever BRASILIA (Reuters) - Brazil's Treasury on Friday raised the public debt ceiling for this year to account for a surge in emergency spending to combat the COVID-19 crisis, outgoings th...
Aug 28, 2020
Fed’s Mester says U.S. economy could end 2020 down 6% for the year
NEW YORK (Reuters) - U.S. economic growth picked up in the third quarter but it will take a while for the economy to dig out of the "deep hole" it fell into because of the pandemic, Cleveland Federal ...
Aug 28, 2020
U.S. IPO market channels spirit of ’99 to tee up bumper 2020
By Joshua Franklin, Krystal Hu and Anirban Sen (Reuters) - A host of companies have filed for U.S. initial public offerings (IPOs) this week in the busiest period in recent history, as businesses rush...
Aug 28, 2020
China revises list of technologies banned, restricted for export
BEIJING (Reuters) - China issued on Friday a revised list of technologies that are banned or restricted for export amid the country's rapid development in science and technology. The revision on the C...
Aug 28, 2020
MGM Resorts to lay off 18,000 furloughed workers in U.S.: WSJ
(Reuters) - Casino operator MGM Resorts International plans to lay off 18,000 furloughed workers in the United States as a global travel slowdown from the coronavirus crisis hurt its operations, the W...
Aug 28, 2020
Elon Musk’s net worth tops $100 billion: Forbes
(Reuters) - Silicon Valley entrepreneur Elon Musk's net worth topped $100 billion on Friday, according to the Forbes real-time billionaires list, as the shares of electric-car maker Tesla Inc see a mo...
Aug 28, 2020
‘Fresh paint on crumbling building’: Lebanon bank clean-up raises doubts
By Tom Arnold and Raya Jalabi LONDON/BEIRUT (Reuters) - Bankers and analysts have voiced scepticism about attempts by Lebanon's central bank to clean up the country's banks, warning they must form par...
Aug 28, 2020
Walmart wants to go viral with TikTok, Wall Street thinks it can
By Uday Sampath Kumar (Reuters) - Wall Street was swift to see the rationale behind Walmart Inc jumping into the fray to buy TikTok - access to millions of young, digitally savvy users who could help ...
Aug 28, 2020
Billionaire Fredriksen names Svelland head of holding firm Seatankers
By Nerijus Adomaitis and Terje Solsvik OSLO (Reuters) - Norwegian-born billionaire John Fredriksen appointed a hedge fund manager on Friday as next head of his family's key holding company, which cont...
Aug 28, 2020
