Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Surge in coronavirus cases set to shake Asian markets
By Pete Schroeder (Reuters) - Asian stocks were set to join a global sell-off on Thursday as worries about surging coronavirus cases in Europe and the United States sent investors scrambling for safe-...
Oct 28, 2020
IKEA’s malls arm says expansion plans intact as customers return post-lockdown
By Anna Ringstrom STOCKHOLM (Reuters) - IKEA's shopping malls business, one of the world's biggest, said its expansion plans remained on track with visitors quickly returning to its premises after the...
Oct 28, 2020
ECB to pave way for more stimulus as recession fears grow
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - The European Central Bank is expected to resist pressure to unveil fresh stimulus measures on Thursday but it will likely pave the way for ...
Oct 28, 2020
Exxon Mobil keeps quarterly dividend flat as losses mount
HOUSTON (Reuters) - Exxon Mobil Corp on Wednesday kept its fourth-quarter dividend flat at 87 cents a share, signaling it expects coming cost-cutting will allow it to continue making the hefty payout....
Oct 28, 2020
U.S. corporate spending plans could stumble as risks rise
By Caroline Valetkevitch NEW YORK (Reuters) - An expected rebound in capital expenditures for U.S. companies could be more at risk, as concerns over the economic recovery and a possible contested U.S....
Oct 28, 2020
Visa profit falls 23% as payment volumes plunge
By Imani Moise and Niket Nishant (Reuters) - Visa Inc missed Wall Street estimates for fourth quarter profit on Wednesday, as high unemployment due to the coronavirus-induced recession continued to we...
Oct 28, 2020
Ford posts stronger-than-expected quarterly profit, expects full-year pretax profit
By Ben Klayman and Paul Lienert DETROIT (Reuters) - Ford Motor Co on Wednesday posted a better-than-expected quarterly profit on strong U.S. demand for pickups and SUVs, and forecast a full-year preta...
Oct 28, 2020
EBay beats quarterly profit estimates, forecasts current-quarter sales above expectations
(Reuters) - EBay Inc's quarterly profit topped Wall Street expectations on Wednesday and the e-commerce company forecast fourth-quarter sales above estimates, as people staying at home due to the COVI...
Oct 28, 2020
Osteoporosis drug helps Amgen third-quarter profit beat estimates
By Deena Beasley (Reuters) - Amgen Inc on Wednesday said its third-quarter adjusted profit rose 17% due to stronger sales of drugs including the osteoporosis treatment Prolia and recently-acquired pso...
Oct 28, 2020
Gilead quarterly revenue rises 17% on remdesivir sales
(Reuters) - Gilead Sciences Inc reported a 17% rise in quarterly revenue on Wednesday, helped by sales of its antiviral drug remdesivir, the first and only treatment approved in the United States for ...
Oct 28, 2020
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