Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
China says beef imports suspension unrelated to China-Australian relations
BEIJING (Reuters) - China said on Friday the suspension of beef imports from an Australian firm is an individual case and has nothing to do with relations between the two countries. Foreign ministry s...
Aug 28, 2020
European stocks slide as heavyweight tech, healthcare drag
(Reuters) - European stocks slipped on Friday as investors dumped recent winners including technology and healthcare stocks and bid up banking shares after the U.S. Federal Reserve unveiled its new po...
Aug 28, 2020
Turkey’s economy severely contracted 11.8% in second-quarter as coronavirus hit: Reuters poll
ISTANBUL (Reuters) - Turkey's economy is expected to have severely contracted nearly 12% in the second quarter due to the coronavirus lockdown, a Reuters poll showed on Friday, logging its worst year-...
Aug 28, 2020
Abenomics fails to deliver as Japan braces for Abe resignation
By Leika Kihara and Takaya Yamaguchi TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe's signature shock-and-awe 'Abenomics' stimulus strategy was already faltering even before Friday's news that h...
Aug 28, 2020
Amazon orders 1,800 Mercedes-Benz electric vans for European deliveries
By Nick Carey and Jeffrey Dastin (Reuters) - Amazon.com Inc said on Friday it had ordered 1,800 electric vans from Mercedes-Benz for its European delivery fleet, as part of the online retailer's plans...
Aug 28, 2020
Top Philippine diplomat recommends scrapping deals with blacklisted China firms
By Karen Lema and Neil Jerome Morales MANILA (Reuters) - The Philippines' foreign minister said on Friday he would recommend the government terminates deals with Chinese firms blacklisted by the Unite...
Aug 28, 2020
Taiwan’s Mediatek pushes for permission to supply Huawei after U.S. curbs
TAIPEI (Reuters) - Taiwanese chip designer Mediatek Inc said on Friday it had applied to the U.S. government for permission to continue supplying China's Huawei after new U.S. curbs take effect in mid...
Aug 28, 2020
French savings surged, profits plunge in record second-quarter GDP slump: INSEE
PARIS (Reuters) - French household savings skyrocketed while businesses' profits plunged in the second quarter amid a coronavirus lockdown, the INSEE stats agency said on Friday, confirming the econom...
Aug 28, 2020
SoftBank to slash holding in wireless carrier; could raise $14 billion
TOKYO (Reuters) - SoftBank Group Corp said on Friday it planned to slash its exposure to wireless carrier SoftBank Corp to 40.4% from 62.1% now, in a sale worth 1.47 trillion yen ($13.8 billion) at Fr...
Aug 28, 2020
Japan factory output seen up again, pandemic clouds outlook: Reuters poll
TOKYO (Reuters) - Japan's factory output likely grew for a second straight month in July, signalling a gradual recovery from the blow delivered by the coronavirus pandemic, a Reuters poll of 17 econom...
Aug 28, 2020
