Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Rising bond yields, dollar slug Asian shares, yen
NEW YORK (Reuters) - Asian stocks skidded on Friday as rising U.S. Treasury yields again rattled equity investors while hoisting the dollar to a three-month high, which in turn dragged the Japanese ye...
Syndicated Content Mar 04, 2021
Listings boom, trading frenzy fuel record 2020 for investment banks
By Lawrence White LONDON (Reuters) - A surge in blank-cheque investment vehicle fundraising and frantic pandemic-related trading in 2020 boosted investment banks' income by a record 28% from the year ...
Syndicated Content Mar 04, 2021
Top banks’ 2020 commodities revenue soars 85% – consultancy Coalition
LONDON (Reuters) - Commodities-related revenue at the world's 12 biggest investment banks surged by 85% last year compared to 2019 as oil and metals trading made further strong gains, consultancy Coal...
Syndicated Content Mar 04, 2021
Stellantis to distribute its stake in Faurecia to shareholders
MILAN (Reuters) - Stellantis on Thursday announced distribution of the stake it still holds in auto parts maker Faurecia to its shareholders. Stellantis shareholders will decide on the distribution of...
Syndicated Content Mar 04, 2021
Wells Fargo will grant paid time off for vaccine appointments: memo
By Imani Moise (Reuters) - Wells Fargo & Co said on Thursday it will give all employees up to 8 hours of paid time off to accommodate COVID-19 vaccine appointments, according to a memo seen by Reuters...
Syndicated Content Mar 04, 2021
Boeing looking for new $4 billion revolving credit facility – source
(Reuters) - Boeing Co has approached a group of banks for a new $4 billion revolving credit facility, according to a person familiar with the matter, as the planemaker battles a prolonged slowdown in ...
Syndicated Content Mar 04, 2021
Texas electric industry financial crisis to grow as more costs surface
By Gary McWilliams (Reuters) - The Texas electricity market faces "insurmountable distress" as more gas and service bills come due, power industry officials said on Thursday at a hearing into financia...
Syndicated Content Mar 04, 2021
U.S. adds Myanmar ministries, army conglomerates to trade blacklist
WASHINGTON (Reuters) - The United States on Thursday unveiled new penalties to punish Myanmar's army for its Feb. 1 coup, adding the country's ministries of defense and home affairs and its top milita...
Syndicated Content Mar 04, 2021
Huawei CFO should appeal to Canada justice minister, not court, prosecutor says
By Sarah Berman and Moira Warburton VANCOUVER (Reuters) - Canadian prosecutors told a court on Thursday that a judge was not best-placed to decide whether national security and geopolitical concerns c...
Syndicated Content Mar 04, 2021
Broadcom forecasts strong current-quarter sales on chip demand
(Reuters) - Broadcom Inc on Thursday forecast current-quarter revenue slightly above expectations, betting on higher demand for its chips that help power 5G technology and data centers. The ramp up in...
Syndicated Content Mar 04, 2021





