Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Qatar starts legal proceedings against FAB in New York in market manipulation row
DUBAI (Reuters) - The Qatar Financial Centre Regulatory Authority (QFCRA) said on Tuesday it has started legal proceedings in New York to compel First Abu Dhabi Bank to pay $55 million in financial pe...
Nov 24, 2020
Germany’s DAX to expand to 40 members from 30 in index shake-up
FRANKFURT (Reuters) - Germany's blue-chip DAX index will expand to 40 from the current 30 companies with tougher membership criteria, exchange operator Deutsche Boerse said on Tuesday. The overhaul co...
Nov 24, 2020
Bitcoin at $100,000 in 2021? Outrageous to some, a no-brainer for backers
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 ...
Nov 24, 2020
Exclusive: Elliott Management invests in small Guyana oil explorer – sources
By Luc Cohen, Ron Bousso and Jessica Resnick-Ault NEW YORK/LONDON (Reuters) - Activist hedge fund Elliott Management Corp has invested at least $30 million in Cataleya Energy, a small firm focused on ...
Nov 24, 2020
‘Alone in the dark’: South Korea’s small businesses reel from new virus clampdown
By Hyonhee Shin and Soohyun Mah SEOUL (Reuters) - A new round of social distancing rules took effect on Tuesday in the South Korean capital of Seoul, dealing a blow to small business owners despite br...
Nov 24, 2020
Chinese truck startup valued at nearly $12 billion after $1.7 billion funding round: sources
By Kane Wu and Julie Zhu HONG KONG (Reuters) - Chinese truck services startup Full Truck Alliance has reached a valuation of nearly $12 billion after it raised $1.7 billion in a new funding round, acc...
Nov 23, 2020
In blow to struggling Cubans, Western Union offices close as sanctions bite
HAVANA (Reuters) - Western Union Co suspended its operations across Cuba on Monday evening as new U.S. sanctions kicked in, cutting a key lifeline for many struggling Cuban families as the coronavirus...
Nov 23, 2020
Brent hits highest since March, spurred by coronavirus vaccine hopes
By Jessica Jaganathan SINGAPORE (Reuters) - Brent crude prices hit their highest levels since March as news of a third promising vaccine candidate spurred hopes of a quick recovery in oil demand, whil...
Nov 23, 2020
Sweden’s Scania to start making trucks in China after acquisition
By Johannes Hellstrom and Yilei Sun STOCKHOLM/BEIJING (Reuters) - Swedish truck maker Scania, a unit under Volkswagen AG's commercial vehicle arm Traton SE, has bought a truck company in China to star...
Nov 23, 2020
BOJ’s Kuroda rebuffs view Japan heading towards deflation
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Tuesday he did not see Japan heading towards deflation, but added he would watch service-sector consumption and capital expenditure clo...
Nov 23, 2020
Sat Jun 27
Nashville, TN, USA
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