Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
U.S. renewable fuels legislation could garner bipartisan support under Biden
By Stephanie Kelly and Laura Sanicola NEW YORK, (Reuters) - Renewable fuels are a niche market for now, but with Democratic President-Elect Joe Biden set to enter office with a divided Congress, legis...
Nov 10, 2020
Deutsche Post braces for Christmas ecommerce boom
BERLIN (Reuters) - German logistics group Deutsche Post AG said on Tuesday it was working on securing the capacity it needs to handle a big rise in ecommerce over the Christmas season, which will dete...
Nov 10, 2020
U.S. to see more Chinese listings as Biden will make art of deal easier, advisors say
By Scott Murdoch HONG KONG (Reuters) - Chinese companies' stock market listings in the United States reached a six-year high in 2020 and advisors expect the trend to accelerate in the year ahead in ex...
Nov 10, 2020
Norwegian Air says it could run out of cash in early 2021
OSLO (Reuters) - Pandemic-hit Norwegian Air could run out of cash in the first quarter of 2021 unless it secures fresh funding, the budget carrier said while reporting third-quarter results on Tuesday...
Nov 10, 2020
Analysis: Vaccine news may weaken need for U.S. stimulus, but help still needed – investors
By David Randall NEW YORK (Reuters) - An apparent breakthrough in a coronavirus vaccine weakens the case for another large U.S. fiscal stimulus bill, but relief is still needed for struggling business...
Nov 10, 2020
Microsoft launches next-generation Xbox gaming consoles amid pandemic-driven demand
By Supantha Mukherjee and Sam Nussey STOCKHOLM/TOKYO, (Reuters) - Microsoft Corp on Tuesday launched two models of its Xbox gaming console, seven years after the debut of the previous version, to capt...
Nov 09, 2020
European lockdowns weigh on global fuel recovery
By Bozorgmehr Sharafedin, Stephanie Kelly and Florence Tan LONDON/NEW YORK/SINGAPORE - Renewed restrictions in Europe and the United States to combat the coronavirus have slowed down the pace of fuel ...
Nov 09, 2020
Exclusive: Huawei to sell $15 billion Honor unit to Shenzhen government, Digital China, others – sources
By Julie Zhu HONG KONG (Reuters) - Huawei plans to sell budget-brand smartphone unit Honor in a 100 billion yuan ($15.2 billion) deal to a consortium led by handset distributor Digital China and the g...
Nov 09, 2020
J.C. Penney rescue deal approved in bankruptcy court
By Maria Chutchian (Reuters) - A U.S. judge on Monday approved a deal to rescue J.C. Penney Co Inc from bankruptcy proceedings precipitated by the coronavirus pandemic, averting a liquidation that wou...
Nov 09, 2020
U.S. Justice Department clears Uber-Postmates deal: Axios
(Reuters) - The U.S. Justice Department has cleared Uber Technologies Inc's acquisition of food delivery company Postmates, news website Axios reported https://bit.ly/35dWmv7 on Monday, citing a sourc...
Nov 09, 2020
