Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Waymo, Daimler to partner in developing self-driving semi trucks
By Paul Lienert and Joseph White DETROIT (Reuters) - Daimler AG's commercial truck unit and Alphabet Inc's Waymo on Tuesday said they will collaborate on development of self-driving Class 8 semi truck...
Oct 27, 2020
Sovereign default risks to rise further in 2021: Goldman Sachs
LONDON (Reuters) - Sovereign default risks are on course to rise further in 2021, with Iraq, Sri Lanka, Angola and Gabon at high probability of default, say Goldman Sachs analysts. Five sovereign debt...
Oct 27, 2020
Exclusive: In fight with Amazon, India’s Future Retail sees liquidation if Reliance deal fails
By Aditya Kalra NEW DELHI (Reuters) - India's Future Retail Ltd (FRL) will go into liquidation if its deal to sell assets to Reliance Industries fails, the group told a Singapore arbitrator while argu...
Oct 26, 2020
UBS promotes SPAC head to co-lead U.S. equity capital markets business: memo
By Joshua Franklin (Reuters) - UBS Group AG has elevated the head of its special purpose acquisition company (SPAC) practice, Jeff Mortara, to co-lead its equity capital markets (ECM) business for the...
Oct 26, 2020
OPEC chief says rising infections may delay oil recovery
By Alex Lawler LONDON (Reuters) - OPEC's secretary general said on Monday an oil market recovery may take longer than hoped as coronavirus inflections rise around the world, and OPEC and its allies wo...
Oct 26, 2020
White House adviser Kudlow says COVID-19 aid talks to continue on Monday
WASHINGTON (Reuters) - Trump administration talks with Democratic lawmakers on a major coronavirus relief package will continue on Monday as both sides work to find a compromise before the Nov. 3 elec...
Oct 26, 2020
EU permitted to impose duties on U.S. imports in Boeing case, Commission says
BRUSSELS (Reuters) - The World Trade Organization (WTO) on Monday formally authorized the European Union to impose sanctions on the United States in retaliation for subsidies to planemaker Boeing , th...
Oct 26, 2020
Emerging markets’ dollar debt tops $4 trillion for first time, BIS says
By Marc Jones LONDON (Reuters) - Dollar-denominated debt in emerging markets has risen past $4 trillion for the first time following a surge in issuance during the COVID-19 crisis, data from the Bank ...
Oct 26, 2020
EU’s Barnier heads for London for Brexit deal talks
BRUSSELS/LONDON (Reuters) - Chief EU negotiator Michel Barnier is due in London on Monday for talks with Britain to find out whether a deal on future relations can be struck to avoid widespread trade ...
Oct 26, 2020
Futures slip as virus cases surge, stimulus uncertainty weighs
By Medha Singh (Reuters) - U.S. stock index futures weakened on Monday, as surging coronavirus cases and a stalemate in Washington over the next fiscal aid bill darkened the economic outlook in the ru...
Oct 26, 2020
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