Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
German September industry output rises less than forecast on virus woes
BERLIN (Reuters) - German industrial output rose by less than expected in September as the coronavirus crisis held back activity, data showed on Friday, in fresh evidence that a recovery from the pand...
Nov 06, 2020
Toyota-backed startup Pony.ai raises $267 million in new funding round
SHANGHAI (Reuters) - Pony.ai, backed by Toyota Motor Corp, said on Friday it raised $267 million in the initial phase of its latest funding round at $5.3 billion valuation, as the self-driving startup...
Nov 06, 2020
EU Commissioner Breton sees 50/50 chance of Brexit deal
PARIS (Reuters) - There is a "50/50" chance that Britain and the European Union will be able to reach a deal over the terms of Britain's exit from the bloc, EU Internal Market Commissioner Thierry Bre...
Nov 06, 2020
Russian weapons maker Kalashnikov acquired by former government official
MOSCOW (Reuters) - A former Russian deputy transport minister has acquired a controlling stake in weapons maker Kalashnikov, the company said on Friday. Alan Lushnikov, who served as deputy transport ...
Nov 06, 2020
China’s central bank says Ant’s IPO suspension is to safeguard consumer, investor interests
BEIJING (Reuters) - The decision to suspend Ant Group's planned initial public offering in China was based on a comprehensive consideration about safeguarding the interests of financial consumers and ...
Nov 06, 2020
Hong Kong leader Lam discussed coronavirus, economic relief with Beijing
HONG KONG (Reuters) - Hong Kong leader Carrie Lam said on Friday she had discussed coronavirus controls and economic relief measures with mainland Chinese officials during her three-day trip to Beijin...
Nov 06, 2020
Sharp reports 17% drop in second-quarter operating profit, beats analyst estimates
TOKYO (Reuters) - Japan's Sharp Corp reported on Friday a 17.1% drop in second-quarter operating profit as the coronavirus pandemic continued to hurt sales of automotive displays and office printers. ...
Nov 06, 2020
German factories expect to churn out less in coming months: Ifo
BERLIN (Reuters) - Production expectations for the mighty industrial sector of Europe's largest economy have weakened somewhat for the coming months, Germany's Ifo institute said on Friday, adding tha...
Nov 06, 2020
Honda doubles profit forecast, boosted by China rebound
By Tim Kelly TOKYO (Reuters) - Honda Motor Co on Friday more than doubled its full-year operating profit forecast as it reported second-quarter earnings grew 28% amid a rebound in China after auto sal...
Nov 06, 2020
Allianz posts surprise 6% rise in third-quarter net profit
FRANKFURT (Reuters) - German insurer Allianz on Friday posted an unexpected 6% rise in net profit in the third quarter from a year earlier, despite pressure on business from the pandemic but again shi...
Nov 06, 2020
Fri Jun 19
Nashville, TN, USA
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