Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Austria expects to spend 1.5-2 billion euros to help firms in COVID shutdown
VIENNA (Reuters) - Austria expects to spend up to about 2 billion euros ($2.4 billion) in aid to replace much of the turnover of companies forced to close during a coronavirus shutdown this month, Fin...
Nov 06, 2020
Tesla unveils ‘Tesla Tequila’ for $250, product sold-out on website
(Reuters) - Tesla Inc Chief Executive Officer Elon Musk finally made good on his promise to sell "Tesla Tequila" - two years after teasing the effort in a tweet, and the $250 bottle quickly flew off t...
Nov 06, 2020
ECB’s De Guindos says Eurozone growth in fourth quarter will be negative
MADRID (Reuters) - European Central Bank Vice-President Luis de Guindos said on Friday that Eurozone growth will likely be negative in the fourth quarter, as countries have imposed new restrictions to...
Nov 06, 2020
Wealthy countries edge towards global climate finance goal
By Kate Abnett BRUSSELS (Reuters) - Wealthy countries have ramped up financing to help developing countries cut carbon emissions and cope with the impact of climate change, although it is unclear if t...
Nov 06, 2020
European stocks lose steam after five-day rally
(Reuters) - European stocks struggled for momentum on Friday after a strong rally this week as Italy and France posted a record number of coronavirus cases, while the counting of U.S. election votes c...
Nov 06, 2020
Development bank group lent $197 billion in green finance in 2019: report
By Simon Jessop and Kate Abnett LONDON/BRUSSELS (Reuters) - The International Development Finance Club, a group of 26 national and regional development banks, said its members supplied $197 billion in...
Nov 06, 2020
Malaysia’s 1MDB state fund still $7.8 billion in debt: government report
KUALA LUMPUR (Reuters) - 1Malaysia Development Berhad (1MDB), the state fund at the centre of a massive corruption scandal, still had an estimated 32.3 billion ringgit ($7.80 billion) in outstanding d...
Nov 06, 2020
Malaysia unveils expansionary budget to boost pandemic recovery: government reports
KUALA LUMPUR (Reuters) - Malaysia unveiled an expansionary budget on Friday aimed at spurring domestic activity, according to government reports, as it grapples with the economic fallout of the COVID-...
Nov 06, 2020
Denmark’s Novo Nordisk to buy Emisphere Technologies in $1.8 billion deal
COPENHAGEN (Reuters) - Danish diabetes drug maker Novo Nordisk will acquire U.S. Emisphere Technologies, which specialises in developing orally administered versions of drugs, in a deal totalling $1.8...
Nov 06, 2020
Futures slip after strong Wall Street rally as Biden edges closer to White House
By Sagarika Jaisinghani (Reuters) - U.S. stock index futures slipped on Friday after a sharp rally pushed the S&P 500 up more than 7% this week, with investors betting on a divided Congress that would...
Nov 06, 2020
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