Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Banking group asks U.S. government to fix glitches in pandemic loan plan
NEW YORK (Reuters) - A lobbying group for U.S. banks called on the U.S. government on Monday to amend glitches in a key federal pandemic loan program that it said were preventing small businesses from...
Jan 25, 2021
South Korea fourth quarter GDP beats expectations, sets scene for strong 2021
By Cynthia Kim SEOUL (Reuters) - South Korea's economy grew at a faster-than-expected pace in the fourth quarter as it ended the coronavirus-stricken year solidly poised for a recovery in 2021 thanks ...
Jan 25, 2021
Apple’s hardware engineering chief to step down to focus on new project
(Reuters) - Apple Inc's hardware engineering chief, Dan Riccio, will step down to oversee a new project, the iPhone maker said on Monday, providing few details on the longtime executive's latest role....
Jan 25, 2021
Citadel, Point72 to invest $2.75 billion in hedge fund Melvin Capital
(Reuters) - Melvin Capital Management said on Monday it would receive an investment of $2.75 billion from Citadel, the Chicago-based hedge fund led by Ken Griffin, and billionaire investor Steven A. C...
Jan 25, 2021
Majority of U.S. Senate votes to confirm Yellen as Treasury chief, voting continues
WASHINGTON (Reuters) - A majority of the U.S. Senate voted on Monday to confirm Janet Yellen as the first woman Treasury secretary. Voting on her nomination is continuing. (Reporting by Eric Beech; Ed...
Jan 25, 2021
Bitcoin, crypto inflows hit record last week: CoinShares
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Investment flows into cryptocurrency funds and products hit a record $1.31 billion last week after a few weeks of small outflows, as investors took adv...
Jan 25, 2021
MSCI to delete securities of 5 Chinese companies from some indexes in absence of guidance
(Reuters) - MSCI Inc said it will delete securities of five Chinese companies from its MSCI ACWI Indexes, as well as its relevant non-market capitalization weighted indexes and custom indexes as of th...
Jan 25, 2021
Leon Black to step down as Apollo CEO after Epstein review
By Mike Spector NEW YORK (Reuters) - Leon Black said on Monday he would relinquish his chief executive post at Apollo Global Management Inc following the buyout firm's independent review of his ties t...
Jan 25, 2021
India to impose permanent ban on 59 Chinese apps, including TikTok: Indian media
(Reuters) - India's ministry of electronics and information technology has issued fresh notices to make permanent a ban imposed on video app TikTok and 58 other Chinese apps in June, Indian media repo...
Jan 25, 2021
Biden says he is open to negotiating the proposed $1,400 COVID stimulus checks
By Alexandra Alper and Jarrett Renshaw NEW YORK (Reuters) - U.S. President Joe Biden said on Monday that he is open to negotiating the eligibility requirements of his proposed $1,4000 COVID stimulus c...
Jan 25, 2021
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