Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
China’s turbo-charged online fashion takes on Zara and H&M
By Sonya Dowsett and Sophie Yu MADRID/BEIJING (Reuters) - China's Shein may be the biggest shopping site you've never heard of. The fast-fashion player is encroaching on the territory of more establis...
Oct 15, 2020
Fed’s Kashkari: Recovery will be grinding and slow without more stimulus
(Reuters) - The U.S. economic recovery will slow down if unemployed Americans and struggling businesses do not receive more assistance, Minneapolis Federal Reserve President Neel Kashkari said on Thur...
Oct 15, 2020
Fed Chair Powell to speak next week at IMF on digital currencies
SAN FRANCISCO (Reuters) - U.S. Federal Reserve Chair Jerome Powell will speak Oct. 19 at the International Monetary Fund's annual meeting, the central bank said on Thursday. He will speak on the subje...
Oct 15, 2020
J.C. Penney sale talks stall: Bloomberg News
(Reuters) - Talks between J.C. Penney Co's lenders and the would-be buyers, Simon Property Group Inc and Brookfield Property Partners LP , broke down in recent days, Bloomberg News reported on Thursda...
Oct 15, 2020
Daimler posts forecast-beating results as demand rebounds
FRANKFURT (Reuters) - Carmaker Daimler on Thursday posted forecast-beating third-quarter results, citing a faster than expected market recovery and strong business in September. Third-quarter earnings...
Oct 15, 2020
Fed’s Barkin says hiring could recover slowly as companies streamline
(Reuters) - Spending by consumers and businesses could increase as people become more confident about the economy, but it could take longer for the labor market to recover because of mismatches in the...
Oct 15, 2020
U.S. stock funds attract $4.5 billion in week: Lipper
(Reuters) - U.S.-based stock funds in the week ended Wednesday posted $4.5 billion in inflows, according to Lipper. Taxable bond funds attracted $11.2 billion, while U.S. money market funds shed $18.9...
Oct 15, 2020
Trump administration sets Gulf of Mexico drilling auction for Nov. 18
(Reuters) - The Trump administration on Thursday said it would offer all available areas in the Gulf of Mexico for auction to oil and gas drillers on Nov. 18, the first major test of the offshore sect...
Oct 15, 2020
Canada invests in small modular nuclear technology, eyes net-zero future
By Julie Gordon OTTAWA (Reuters) - The Canadian government took a tentative step forward on its national small modular reactor (SMR) plan on Thursday, with an investment to help an Ontario company edg...
Oct 15, 2020
Tenth of pandemic stimulus spend could help world reach climate goals: study
By Matthew Green LONDON (Reuters) - The world could get on track to avert catastrophic climate change by investing a tenth of a planned $12 trillion in pandemic recovery packages in reducing dependenc...
Oct 15, 2020
