Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Analysis: Dow cracks 30,000, a psychological boost during a pandemic
By Alden Bentley (Reuters) - The Dow Jones Industrial Average clocked its fastest 10,000 point run up to cross 30,000 for the first time on Tuesday, giving the stock market a psychological boost at a ...
Nov 24, 2020
Brazil new mortgages jump 84% in October
SAO PAULO (Reuters) - Mortgage loans reached 13.9 billion reais ($2.58 billion) in October, up 84% over the same period in 2019, reaching a new record, mortgage lender association Abecip reported on T...
Nov 24, 2020
U.S. regulator fines JPMorgan Chase $250 million for failings in fiduciary business
WASHINGTON (Reuters) - The Office of the Comptroller of the Currency (OCC) on Tuesday fined JPMorgan Chase Bank $250 million for the bank's failure to "maintain adequate internal controls and internal...
Nov 24, 2020
Spain’s PM sees EU deal to unblock budget, recovery funds by year-end
MADRID (Reuters) - Spanish Prime Minister Pedro Sanchez said on Tuesday he was confident the European Union would find a solution by year-end to overcome opposition from Hungary and Poland to the adop...
Nov 24, 2020
Dow Jones hits 30,000 as Wall Street bets on 2021 bounce
(Reuters) - The Dow Jones Industrial Average breached the 30,000-mark for the first time on Tuesday, as optimism that COVID-19 vaccines will open the way to economic recovery next year fueled Wall Str...
Nov 24, 2020
Fed’s Bullard does not comment on policy or economic outlook in prepared remarks
(Reuters) - St. Louis Federal Reserve President James Bullard did not comment on U.S. monetary policy or the economic outlook in his prepared remarks during an academic presentation delivered to a Ban...
Nov 24, 2020
Erdogan’s snap economic rethink prompted by bleak briefings: Turkish sources
By Orhan Coskun and Jonathan Spicer ANKARA (Reuters) - President Tayyip Erdogan's decision to oust Turkey's central bank chief this month was made hours after briefings on the fragile state of the eco...
Nov 24, 2020
Amazon, pharma firms should help COVID-19 vaccine reach poorest: German minister
BERLIN (Reuters) - Companies that have benefitted from the coronavirus crisis, such as Amazon and drugmakers, should join wealthy countries in helping to fund access to vaccines for poorer nations, Ge...
Nov 24, 2020
More UK banknotes stashed, but cash spending down: Bank of England
LONDON (Reuters) - Demand for banknotes in Britain has increased since the coronavirus pandemic hit the country, despite a fall in the use of cash after government advice in favour of contactless paym...
Nov 24, 2020
Tesla mulls expanding in Europe with compact vehicles: CEO
PARIS (Reuters) - U.S. electric vehicle maker Tesla is looking at expanding in Europe by entering the mass-market segment with a compact car, Chief Executive Elon Musk said on Tuesday. "Possibly in Eu...
Nov 24, 2020
