Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
U.S. airlines caution on winter challenges as COVID-19 cases rise
(Reuters) - Delta Air Lines and Southwest Airlines on Thursday cautioned that the recent surge in COVID-19 cases may have a negative impact on travel over the winter holidays, a period the sector had ...
Nov 12, 2020
British fraud office secures assets linked to Brazilian bribery scandal
LONDON (Reuters) - The UK Serious Fraud Office (SFO) said on Thursday it had secured just under 1.2 million pounds ($1.6 million) from a Brazilian national implicated in Brazil's "Operation Car Wash",...
Nov 12, 2020
IMF’s Georgieva says G20 should synchronize investments to achieve faster growth
(Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Thursday called on G20 countries to synchronize their investments to rebuild from the coronavirus pandemic, saying thi...
Nov 12, 2020
Volkswagen to invest $233.5 million in motors output in Mexico
MEXICO CITY (Reuters) - Volkswagen's Mexico unit said on Thursday the German carmaker plans to invest $233.5 million in a new production line for motors at its plant in the central Mexican state of Gu...
Nov 12, 2020
Russian court frees U.S. investor Calvey and colleagues from house arrest: RIA
MOSCOW (Reuters) - Russia's supreme court has ruled that U.S. investor Michael Calvey and other executives of private equity firm Baring Vostok be released from house arrest, the RIA news agency repor...
Nov 12, 2020
BMW CEO says sees Toyota alliance going beyond 2025
FRANKFURT (Reuters) - BMW Chief Executive Oliver Zipse on Thursday said he would seek to strengthen bonds with Toyota and wants the current alliance between the German and Japanese carmaker centred on...
Nov 12, 2020
Nigeria lawsuit against JP Morgan over oil deal to go to trial: court
By Julia Payne LONDON (Reuters) - A lawsuit launched by the Nigerian government against U.S. bank JP Morgan Chase, claiming over $1.7 billion for its role in a disputed 2011 oilfield deal, will procee...
Nov 12, 2020
German November lockdown will hit fourth quarter growth but aid should help: Scholz
BERLIN (Reuters) - Germany's partial lockdown in November will dampen growth in the fourth quarter but a government aid package should cushion the impact, Finance Minister Olaf Scholz said on Thursday...
Nov 12, 2020
Ferrari lifts the lid on convertible version of SF90 Stradale hybrid
MILAN (Reuters) - Ferrari unveiled the SF90 Spider on Thursday, a convertible version of its SF90 Stradale hybrid and part of the Italian luxury carmaker's drive to make 60% of sales from hybrid techn...
Nov 12, 2020
Dow, S&P futures drop as COVID-19 cases surge; tech stocks inch higher
By Medha Singh and Shivani Kumaresan (Reuters) - Futures tracking the S&P 500 and Dow fell on Thursday as U.S. coronavirus infections surged and investors weighed the timeline of the roll-out of an ef...
Nov 12, 2020
