Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
UK faces skills shortage as COVID-19 splits job market, McKinsey says
LONDON (Reuters) - Britain will face a growing skills shortage over the next decade if it does not start retraining and reskilling workers for the shift to a digital-based economy which has been sped ...
Nov 16, 2020
Virgin Galactic reschedules test flight due to New Mexico lockdown
(Reuters) - Virgin Galactic has rescheduled a test flight planned from its New Mexico spaceport later this week after the U.S. state imposed fresh COVID-19 restrictions, billionaire Richard Branson's ...
Nov 16, 2020
Uber to accept fast payments in Brazil in partnership with Ebanx
SAO PAULO (Reuters) - Uber Technologies Inc started on Monday to take instant payments in Brazil in partnership with payments startup Ebanx, both companies said. More than 60 million people had alread...
Nov 16, 2020
Home Depot to buy HD Supply Holdings in $8 billion deal
(Reuters) - Home Depot Inc said on Monday it would buy industrial goods wholesaler HD Supply Holdings in a deal valued at about $8 billion. (Reporting by Uday Sampath in Bengaluru; Editing by Shinjini...
Nov 16, 2020
ECB’s Centeno calls for more focused support for jobs, companies
LISBON (Reuters) - European countries need to provide more focused support to the coronavirus-battered economy, prioritising investment projects already under way that would benefit both companies and...
Nov 16, 2020
Support for MAX brand wavers as Boeing jet nears green light
By Eric M. Johnson and Tracy Rucinski SEATTLE/CHICAGO (Reuters) - Boeing Co is set to win approval for its grounded 737 MAX this week, but chinks are appearing in the brand as the most traumatic chapt...
Nov 16, 2020
ECB’s De Cos says governing council should increase monetary accommodation
MADRID (Reuters) - The European Central Bank's governing council should further increase monetary accommodation to potentially avoid problems of market fragmentation given a worsening outlook for both...
Nov 16, 2020
Volkswagen to invest 1 billion euros in Slovakia plant
PRAGUE (Reuters) - Volkswagen plans to invest 1 billion euros ($1.18 billion) in its Slovak plant, including 500 million euros to produce next-generation Passat and Skoda Superb models, VW Slovakia Ch...
Nov 16, 2020
Tyson Foods beats sales estimates on strong pork, beef demand
(Reuters) - Tyson Foods Inc beat quarterly sales estimates on Monday, as the largest U.S. meat processor benefited from consumers buying more of its beef and pork products during the COVID-19 pandemic...
Nov 16, 2020
Walmart expects $2 billion non-cash loss from stake sale in Japan’s Seiyu
(Reuters) - Walmart Inc said on Monday it sees a non-cash loss of about $2 billion after tax, in its fourth fiscal quarter due to a sale of a majority stake in Japanese supermarket chain Seiyu. The re...
Nov 16, 2020
