Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
No need for radical change to hedge fund rules, says EU official
By Huw Jones LONDON (Reuters) - The European Union is not planning to radically overhaul its hedge fund rules given they are already a "success story", an EU official said on Tuesday. The bloc is revi...
Nov 24, 2020
Dick’s Sporting Goods CEO to step down
(Reuters) - Dick's Sporting Goods Inc said on Tuesday Chief Executive Officer Edward Stack will step down from the role and the take the mantle of executive chairman from Feb. 1, 2021. The company sai...
Nov 24, 2020
Dollar Tree quarterly sales beat on pandemic boost
(Reuters) - Dollar Tree Inc beat analysts' estimates for quarterly sales on Tuesday, as the discount store operator benefited from higher demand for affordable groceries and other essentials during th...
Nov 24, 2020
Best Buy holds off on holiday forecast as pandemic rages
(Reuters) - Best Buy Co Inc held back from issuing a holiday-quarter forecast on Tuesday, saying it was unsure if a sales boom fueled by demand for remote-work computer equipment was sustainable as th...
Nov 24, 2020
Tiffany beats profit estimates on soaring China demand
(Reuters) - Tiffany & Co, which is being bought by French luxury giant LVMH, beat Wall Street expectations for quarterly profit on Tuesday as the U.S. jeweler benefited from an over 70% rise in sales ...
Nov 24, 2020
Tesla set to breach $500 billion in market value
(Reuters) - Tesla Inc was set to breach $500 billion in market value on Tuesday, as its shares extended a meteoric rally that has seen the stock gain more than six times this year. Shares of the elect...
Nov 24, 2020
Europe gives Boeing 737 MAX draft approval after near two-year ban
PARIS (Reuters) - European regulators gave draft approval to Boeing's 737 MAX on Tuesday, paving the way for a formal flight clearance in January after an almost two-year ban caused by fatal crashes. ...
Nov 24, 2020
Futures rise as Biden transition, vaccine progress lift mood
By Shriya Ramakrishnan (Reuters) - U.S. stock index futures rose on Tuesday as the formal go-ahead for President-elect Joe Biden's transition to the White House ended weeks of political uncertainty an...
Nov 24, 2020
Exclusive: U.S. watchdogs train sights on lender misconduct in pandemic aid program
By Koh Gui Qing and Lawrence Delevingne NEW YORK/BOSTON (Reuters) - U.S. federal agencies have begun scrutinizing lenders for potential misconduct when distributing $525 billion in pandemic aid to str...
Nov 24, 2020
Super-cold container firm va-Q-tec expands to meet COVID-19 vaccine demand
By Ilona Wissenbach FRANKFURT (Reuters) - Cold-storage specialist va-Q-tec is significantly expanding its fleet of 2,500 rental containers to meet growing demand to transport COVID-19 vaccines that ne...
Nov 24, 2020
