Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
European stocks jump at close with eyes on tight U.S. election race
By Sruthi Shankar (Reuters) - European stocks closed with strong gains on Wednesday as investors unwound bets of a Democratic sweep in the U.S. presidential election as the race proved far closer than...
Nov 04, 2020
Brexit deal remains elusive, EU’s Barnier tells Brussels envoys
BRUSSELS (Reuters) - Intensified Brexit negotiations with Britain in recent days have yielded only moderate progress towards a trade deal and differences remain on key issues, the European Union's neg...
Nov 04, 2020
Analysis: Wall Street firms crave certainty about U.S. election, hope for quick stimulus
By David Henry and Suzanne Barlyn NEW YORK (Reuters) - With the U.S. presidential election turning into a nail-biter, bankers, traders and financial analysts told Reuters on Wednesday that Wall Street...
Nov 04, 2020
The day after the U.S. election: markets in five charts
By Ritvik Carvalho LONDON (Reuters) - Financial markets have been thrown a curve ball by a closer-than-expected U.S. presidential election result, raising the prospect of a disputed outcome and dimini...
Nov 04, 2020
Senate leader McConnell says wants coronavirus aid bill by year’s end
By Richard Cowan WASHINGTON (Reuters) - U.S. Senate Majority Leader Mitch McConnell on Wednesday said Congress needed to approve a new coronavirus aid bill by the end of 2020 as lawmakers return to wo...
Nov 04, 2020
Kudlow says unclear if COVID-19 aid would be part of government funding bill
WASHINGTON (Reuters) - White House economic adviser Larry Kudlow on Wednesday said the Trump administration planned to push ahead with its agenda this year even as the election results remained unknow...
Nov 04, 2020
T-Mobile to pay $200 million fine to resolve FCC subsidy investigation
WASHINGTON (Reuters) - T-Mobile will pay a $200 million penalty to resolve a Federal Communications Commission (FCC) investigation into its subsidiary Sprint for failing to comply with rules on a low-...
Nov 04, 2020
ECB shouldn’t take market calm for granted as economy turns for worse: Schnabel
FRANKFURT (Reuters) - The European Central Bank should not take the calm in the bond market for granted as the virus-stricken euro zone economy takes a turn for the worse and needs fresh monetary stim...
Nov 04, 2020
No wild ride: FX swings fall as extreme dollar bets unwound
By Saikat Chatterjee and Elizabeth Howcroft LONDON (Reuters) - A surprisingly close U.S. election contest caused the dollar to swing around in cash markets on Wednesday but derivatives market "fear" g...
Nov 04, 2020
Investors bet on stronger credit markets as election results come in
NEW YORK (Reuters) - Investors made bullish bets on U.S. corporate bonds on Wednesday while the equity market rallied as results from the presidential election came in. President Donald Trump and his ...
Nov 04, 2020
