Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Fed’s Mester: Recovery will be slow and require more fiscal and monetary support
(Reuters) - Economic activity and hiring tempered while coronavirus cases were increasing, confirming that the recovery will be slow and that the economy will require more support from monetary and fi...
Aug 28, 2020
Coca-Cola to cut jobs in restructuring
(Reuters) - Coca-Cola Co said on Friday it would reduce its global workforce as part of a company-wide restructuring. The beverage maker did not provide details on how many jobs it plans to cut, but s...
Aug 28, 2020
Banks eye layoffs as short-term crisis ends, long-term costs emerge
By Elizabeth Dilts Marshall, Anirban Sen and Imani Moise NEW YORK (Reuters) - At the height of the coronavirus pandemic last spring, the heads of U.S. banks including Morgan Stanley , Bank of America ...
Aug 28, 2020
Levitating stocks unlikely to help Fed’s economic equality efforts
By April Joyner, Saqib Iqbal Ahmed and Megan Davies NEW YORK (Reuters) - U.S. Federal Reserve chair Jerome Powell tried to address economic inequalities in his landmark policy move. Still the Fed hold...
Aug 28, 2020
S&P 500 futures rise for seventh straight day
By Medha Singh (Reuters) - The S&P 500 futures rose for a seventh straight day on Friday as the prospect of super low interest rates for a prolonged period spurred risk appetite, with focus shifting t...
Aug 28, 2020
Boeing pulls eight 787 jets from service over structural issue: The Air Current
(Reuters) - Boeing Co called on airlines to pull eight 787 Dreamliners from service, after the planemaker found a manufacturing issue in the jet's structure, The Air Current reported on Friday. This i...
Aug 28, 2020
Merkel calls for clarification on Wirecard collapse
BERLIN (Reuters) - German Chancellor Angela Merkel told reporters on Friday it had to be clarified what happened to payments company Wirecard which collapsed amid an accounting scandal. (Reporting by ...
Aug 28, 2020
For all the debt, new Italy or Spain bonds may be hard to find
By Yoruk Bahceli AMSTERDAM (Reuters) - Investors may struggle to find new southern European government bonds for the next two years, as the European Union's support programmes could cover much of the ...
Aug 28, 2020
Germany can afford corona economic relief, says Merkel
BERLIN (Reuters) - Germany can afford all the measures agreed to help cushion the economic impact of the coronavirus, Chancellor Angela Merkel said on Friday, adding it was right that other EU states ...
Aug 28, 2020
Japan Abe’s aide says bold monetary easing key success of ‘Abenomics’
TOKYO (Reuters) - A key economic adviser of Japanese Prime Minister Shinzo Abe defended the premier's "Abenomics" stimulus policies, saying that bold monetary easing has helped address a damaging yen ...
Aug 28, 2020
