Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Analysis-U.S. blessing Facebook deals complicates lawsuit demanding Instagram sale
By Paresh Dave (Reuters) - A U.S. lawsuit that could lead to the break-up of Facebook Inc's social media empire may be hindered by the government's role in the company's monopoly building, and a recen...
Dec 10, 2020
Southwest planning more new destinations during pandemic, CEO says
By Tracy Rucinski CHICAGO (Reuters) - Southwest Airlines plans to continue adding new markets to its network after announcing about 10 new destinations during the pandemic, CEO Gary Kelly said on Thur...
Dec 10, 2020
U.S. November budget deficit held to $145 billion by benefit calendar shifts -Treasury
By David Lawder WASHINGTON (Reuters) - The U.S. government posted a $145 billion budget deficit for November, down from $209 billion a year ago, the Treasury Department said on Thursday, but the decli...
Dec 10, 2020
Serbia’s parliament adopts 2021 budget, sees growth at 6%
BELGRADE (Reuters) - The Serbian parliament on Thursday adopted the Balkan country's budget for next year, projecting growth at 6% of national output and a 3% deficit following a downturn this year ca...
Dec 10, 2020
Analysis-Options investors swarm U.S. value stocks on hopes of economic reopening
By April Joyner NEW YORK (Reuters) - Retail investors are stepping up their options buying, pouring money into airlines, small caps and other potential beneficiaries of a COVID-19 vaccine even as U.S....
Dec 10, 2020
Exclusive-New EU rules to define gatekeepers by users, areas of business – sources
By Foo Yun Chee BRUSSELS (Reuters) - Tech companies with millions of European users or active in at least two sectors will be classified as online gatekeepers subject to tough new EU rules aimed at cu...
Dec 10, 2020
EU leaders unblock EU budget, recovery fund in deal with Poland, Hungary
BRUSSELS (Reuters) - European Union leaders unblocked on Thursday a 1.8 trillion euro financial package to help the economy recover from the pandemic-induced recession after reaching a compromise with...
Dec 10, 2020
‘You have to be realistic’: France prepares fishermen for the worst over Brexit
By Michel Rose PARIS (Reuters) - France will compensate its fishermen or teach them new skills if there is a collapse in talks for a post-Brexit trade deal that threatens their livelihoods, a minister...
Dec 10, 2020
U.S. household wealth, cash balances, rose through September despite pandemic
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - The wealth of U.S. households hit a record $123.5 trillion in September as rising stock and home values and an accumulating buffer of cash def...
Dec 10, 2020
Banks face four more years of lower profits in pandemic aftermath – report
By David Henry NEW YORK (Reuters) - Most banks around the world could face four more years of depressed profits in the aftermath of the COVID-19 pandemic, consulting firm McKinsey & Co said in a repor...
Dec 10, 2020
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