Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Barclays, Staveley spar in final lap of London trial
By Kirstin Ridley LONDON (Reuters) - A bitter High Court clash between Barclays and British businesswoman Amanda Staveley, over whether she was deceived while negotiating a financial lifeline for the ...
Oct 16, 2020
BTS manager Big Hit takes a beating as stock loses more than a fifth
By Joyce Lee SEOUL (Reuters) - Big Hit Entertainment Co Ltd , the management agency of South Korean K-pop group BTS, saw its stock fall as much as 23% on Friday, extending losses from its debut the pr...
Oct 16, 2020
EU antitrust deadline for Google, Fitbit deal extended to Jan. 8
BRUSSELS (Reuters) - EU antitrust regulators have extended their investigation into Alphabet unit Google's $2.1 billion purchase of Fitbit to Jan. 8 from Dec. 23, a filing on the European Commission w...
Oct 16, 2020
Exclusive: Only a quarter of BP’s 10,000 job cuts to be voluntary
By Dmitry Zhdannikov and Ron Bousso LONDON (Reuters) - BP is set to make around 7,500 compulsory redundancies after roughly 2,500 staff - or just over one in ten of those eligible - applied for volunt...
Oct 16, 2020
Shares of gun makers gain as Biden’s lead grows
By Noel Randewich (Reuters) - Shares of gun makers have been gaining ground as Democratic candidate Joe Biden leads polls, and if he wins the presidential election in November there are expectations o...
Oct 16, 2020
ECB’s Villeroy says mistake to set end date now for pandemic response
PARIS (Reuters) - The European Central Bank should refrain from setting an end date to its monetary stimulus package launched this year in reaction to the coronavirus crisis, ECB policymaker Francois ...
Oct 16, 2020
Wall Street bank trading boom does little to assuage concerns about lending
By Matt Scuffham NEW YORK (Reuters) - As Wall Street banks reported quarterly results this week, investors wondered about the staying power of the trading bonanza that has floated profits, offsetting ...
Oct 16, 2020
China’s central bank unveils changes to laws for commercial banks
BEIJING (Reuters) - China's central bank issued on Friday a draft of revisions to laws for commercial banks, improving the mechanisms of risk disposal and market exit for lenders, it said, and set a N...
Oct 16, 2020
Wall Street futures perk up on vaccine hopes as stimulus stand-off weighs
By Medha Singh (Reuters) - U.S. stock index futures rose on Friday as Pfizer said it could apply for emergency use of its COVID-19 vaccine candidate as early as November, shaking off worries over a st...
Oct 16, 2020
China supports G20 proposal to extend debt relief to poor countries: PBOC head
BEIJING (Reuters) - China supports a G20 proposal to further extend debt relief to poor countries, the head of its central bank, Yi Gang, told a G20 videoconference on Thursday, according to a stateme...
Oct 16, 2020
