Reuters

Description:

Business News & Financial News

URL:

http://www.reuters.com

Catalog:

Economy

Publishes:

49.6 items/day

Asian stocks set for slight gains after Wall Street ends higher

3:01
Asian stocks were set for cautious gains on Friday after positive U.S. economic data and signs of progress in stimulus talks in Washington lifted Wall Street benchmarks.

Japan's unorthodox household goods champion rides a pandemic boom

3:01
Iris Ohyama, whose goods are ubiquitous in Japanese homes, has relied on its usual offbeat methods during the COVID-19 pandemic and U.S.-China trade tensions to ride the teleworking wave and bring production back from China.

Major airline groups push for end to coronavirus quarantines, travel bans

2:28
The United States, state governments and some foreign countries should replace quarantines and travel bans on airline passengers with COVID-19 testing of travelers before departure and upon arrival, airline and business groups said on Thursday.

Exclusive: Wells Fargo explores sale of asset management business - sources

2:28
Wells Fargo & Co is exploring a sale of its asset management business, in what would be the U.S. bank's biggest shake-up since former Bank of New York Mellon chief executive Charles Scharf joined as CEO last year, people familiar with the matter said on Thursday.

Goldman to pay $3 billion, claw back executive pay over role in 1MDB corruption scandal

1:56
Goldman Sachs Group Inc on Thursday said it was clawing back $174 million in executive compensation and had agreed to pay $2.9 billion over its role in Malaysia’s 1MDB corruption scandal, lifting a cloud that has hung over the bank for years.

Permanently remote workers seen doubling in 2021 due to pandemic productivity: survey

0:51
The percentage of workers around the world that is permanently working from home is expected to double in 2021 as productivity has increased during the coronavirus pandemic, according to a survey from U.S.-based Enterprise Technology Research (ETR).

Exclusive: Biden campaign tells miners it supports domestic production of EV metals

23:46
American Airlines and Southwest Airlines signaled on Thursday that they would continue to hemorrhage cash into next year as revenues hover around a third of 2019's levels due to a collapse in demand from the coronavirus.
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