Business
Advertisers Agree Deal With Social Media On Steps To Curb Harmful Content
Facebook, YouTube and Twitter have agreed with big advertisers on first steps to curb harmful content online, following boycotts of social media platforms that advertisers had accused of tolerating hate speech.
Asian Shares Mixed As Worries Percolate Over Pandemic
Markets were mixed in Asia on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook.
Barclays, SocGen UK Staff Revert To Home Working As Government Advice Shifts
Up to 1,000 Barclays staff who had returned to officebased working in recent weeks will revert to working from home following British government guidance on Tuesday, a spokesman for the bank told Reuters.
Facebook: Fake Pages From China Tried To Disrupt US Politics
Facebook says it has removed a small network of fake accounts and pages that originated in China and focused on disrupting political activity in the U.S. and several other countries.
China To Step Up Financial Support For Supply Chains
China will step up support for key firms engaged in supply chains in advanced manufacturing, services and trade sectors, the central bank and other state agencies said in guidelines issued on Tuesday, amid a deepening rift with the United States.
Deutsche Bank Preparing For Wave Of Industry Deals
Deutsche Bank is working hard to prepare for a wave of mergers in the banking sector, its finance chief said on Tuesday, signalling a potential change in tone at Germany's biggest bank which has been focusing mainly on its turnaround.
Gold Drops As Dollar Surges To Six-week High
Gold prices slipped on Tuesday following a sharp drop the previous day, as the dollar hit multiweek highs ahead of U.S. Federal Reserve Chair Jerome Powell's appearance at a congressional committee.
Chinese Leaders Split Over Releasing Blacklist Of U.S. Companies - WSJ
Beijing has sped up development of a blacklist that could be used to punish U.S. technology firms, with Huawei Technologies Co Ltd [HWT.UL] rival Cisco Systems Inc among the companies seen as likely to be included in the list, the Wall Street Journal rep...
Global Markets: Asian Stocks Fall On Concerns About Fresh Lockdowns, Banking Sector
Asian shares opened weaker on Tuesday on concerns about new pandemic lockdowns in Europe and after reports about financial institutions allegedly moving illicit funds hurt global banking stocks.
Powell: Many Small Companies Can Borrow Without Main Street
Federal Reserve Chair Jerome Powell says that many midsize U.S. businesses are now able to borrow from banks, suggesting that the need for a Fed lending program that was designed to serve struggling mediumsize companies has waned.
Micosoft Will Buy Video Game Maker ZeniMax For $7.5 Billion
Microsoft is buying the company behind popular video games The Elder Scrolls, Doom and Fallout.
IPOs of CAMS, Chemcon Speciality Chemicals and Angel Broking Up for Grabs This Week
The issues of CAMS and Chemcon Speciality Chemicals were out on September 21, while the IPO of Angel Broking is going to open on September 22.
OneWeb To Resume Launches In December, Eyes Commercial Service In 2021
OneWeb, the collapsed satellite operator rescued by the British government and India's Bharti Group, will resume launches with Arianespace in December, putting it on track to begin commercial services next year, it said on Monday.
Bank Shares Slide On Reports Of Rampant Money Laundering
Shares of some major banks are tumbling before the market open Monday following a report alleging those including JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank and Bank of New York Mellon continued to profit from illicit dealings with disreputabl...
Dutch Vote Brings Unilever Step Closer To Unification
Unilever NV shareholders approved plans to end the AngloDutch company's dualheaded corporate structure and form a Londonbased entity, which it says will make dealmaking simpler.
Exclusive: Shell Launches Major Cost-cutting Drive To Prepare For Energy Transition
Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, sources told Reuters.