Category Archives: (Sandbox Syndication Account) Business News (Master Feed)

By Pete Schroeder WASHINGTON (Reuters) - U.S. bank profits fell 36.5% in 2020 from the year prior as banks set aside massive amounts to guard against potential losses, but the industry showed signs of...

By Jonathan Stempel NEW YORK (Reuters) - The owner of the Tether cryptocurrency and Bitfinex trading platform will pay an $18.5 million fine to settle charges it commingled client and corporate funds ...

WASHINGTON (Reuters) - U.S. consumer confidence increased in February, likely lifted by declining new COVID-19 infections and expectations for additional fiscal stimulus. The Conference Board said on ...

LONDON (Reuters) - Britain has agreed to the European Union's request to delay ratification of their post-Brexit trade agreement until April 30, cabinet office minister Michael Gove said on Monday. Ea...

By Tom Arnold LONDON (Reuters) - Sovereign wealth funds pulled $16.3 billion from public market investment strategies, largely equities, in the fourth quarter, the most in almost four years, driven la...

(Reuters) - Just Energy Group Inc said on Tuesday its storm-battered residential customers in Texas will be protected from higher energy rates for February, a day after the Canadian company raised dou...

(Reuters) - Bank of America (BofA) Global Research lifted its forecast for Brent crude oil prices for this year citing tighter supplies due to the Texas freeze and OPEC+ output curbs and unmatched glo...

By Huw Jones LONDON (Reuters) - Europe's top banks must justify why they should not have to shift clearing of euro-denominated derivatives worth billions of euros from London to the European Union aft...

(Reuters) - Marriott International Inc on Tuesday appointed Tony Capuano, group president for global development, as its chief executive officer, replacing Arne Sorenson, who died last week while on t...

SAO PAULO (Reuters) - Shares in Brazil's state-run oil company Petrobras rose around 8% in early Tuesday trading, rebounding after a sharp plunge the previous day on President Jair Bolsonaro's move to...