Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
EU says: we are now in last moments to reach Brexit trade deal
BRUSSELS (Reuters) - Britain and the European Union are in the last moments to reach a trade deal that would regulate their relationship after Britain's transition period ends on Jan 1, 2021, the EU's...
Nov 18, 2020
BoE’s Haldane sees ‘materially brighter’ outlook for 2021
By David Milliken LONDON (Reuters) - Bank of England Chief Economist Andy Haldane said the economic outlook for 2021 was "materially brighter" than he had expected just a few weeks ago despite short-t...
Nov 18, 2020
Pfizer ends COVID-19 trial with 95% efficacy, to seek emergency-use authorization
By Michael Erman (Reuters) - Pfizer Inc said on Wednesday that final results from the late-stage trial of its COVID-19 vaccine show it was 95% effective, adding it had the required two-months of safet...
Nov 18, 2020
Target sales soar as same-day delivery powers online demand
(Reuters) - Target Corp blew past Wall Street expectations for quarterly same-store sales on Wednesday as more Americans used the big-box retailer's quick delivery services to buy everything from elec...
Nov 18, 2020
Apple to lower App Store fees for smaller developers
By Stephen Nellis (Reuters) - Apple Inc on Wednesday said it plans to start a program to lower its App Store commissions for software developers who make $1 million or less in proceeds each year from ...
Nov 18, 2020
GM will announce boosted spending plans for EVs on Thursday: sources
By Ben Klayman and David Shepardson (Reuters) - General Motors Co will roll out details of an expanded and accelerated electric vehicle strategy on Thursday in an effort to convince investors it can b...
Nov 18, 2020
Defense to continue probing Canada border officials in Huawei CFO’s U.S. extradition case
By Moira Warburton (Reuters) - Lawyers for Huawei Chief Financial Officer Meng Wanzhou are set to continue questioning Canadian border officials on Wednesday regarding their investigation of Meng befo...
Nov 18, 2020
Analysis: U.S. manufacturing is booming – but not for these guys
By Timothy Aeppel (Reuters) - Jim Kirsh initially thought his family-owned foundry in southeastern Wisconsin might stay busy during the pandemic. Kirsh Foundry Inc, a cluster of buildings nestled in B...
Nov 18, 2020
Wirecard creditors claim at least 12.5 billion euros
MUNICH (Reuters) - Creditors to the collapsed German payments company Wirecard are making claims of at least 12.5 billion euros ($14.85 billion), a German court said on Wednesday. The claims to the Wi...
Nov 18, 2020
Global luxury goods sales set for largest ever fall in Bain forecast
MILAN (Reuters) - Sales of luxury goods worldwide are set to fall by 23% to 217 billion euros ($258 billion) this year, their largest ever drop and first since 2009, due to the fallout from the corona...
Nov 18, 2020
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