News stories for Reuters - Business Recorder

Reuters

Sports

Argentines bid final farewell to Maradona as national mourning begins

Maradona, who died aged 60 following a heart attack at home on Wednesday, will lie in state at the pink-hued Casa Rosada presidential palace from Thursday through Saturday. Huge crowds are expected to visit his casket as part of three days of national mourning declared by President Alberto Fernandez.

Published 26 Nov, 2020 03:44pm

Markets

Gold rises on soft dollar, stimulus bets as virus risks grow

The dollar index held close to nearly three-month lows, increasing gold's appeal for other currency holders.

Published 26 Nov, 2020 03:43pm

World

French cases target to lift some restrictions could be reached in second week of December

During a news conference detailing how France's second national lockdown is about to be gradually unwound, Veran also said the reproduction rate of the disease had fallen to 0.65.

Published 26 Nov, 2020 03:38pm

Business & Finance

China will make monetary policy more flexible, targeted: central bank

The bond defaults dented investor confidence and pushed up funding costs for many corporate borrowers, adding to pressures on China's nascent economic recovery.

Published 26 Nov, 2020 03:34pm

Life & Style

Mads Mikkelsen to replace Johnny Depp in next Fantastic Beasts movie

The Danish actor, known for his role as serial killer Hannibal Lecter, will play Gellert Grindelwald in the billion-dollar Harry Potter spin-off franchise.

Published 26 Nov, 2020 11:37am

Business & Finance

Oil rally boosted by surprise fall in U.S. stocks

Brent futures were up 45 cents, or 0.9%, at $49.06 a barrel by 0245 GMT, after rising around 1.6% in the previous session.

Published 26 Nov, 2020 10:42am

Business & Finance

Dollar losses put on hold but long-term outlook tilts to downside

The British pound traded near a more than two-month high against the dollar as investors awaited details on trade talks between Britain and the European Union this week.

Published 26 Nov, 2020 10:40am

Business & Finance

Former World Bank chief and 'voice for the poor' Wolfensohn dies aged 86

In 1979, he helped orchestrate the rescue of Chrysler Corp from the verge of bankruptcy, together with Chrysler’s chief executive Lee Iacocca and Paul Volcker, who was then president of the New York Federal Reserve.

Published 26 Nov, 2020 10:39am

Business & Finance

Tesla raises prices for Model S across Europe

Earlier in the day, Electrek reported here that the price hike also included Model X sport utility vehicle and Model 3 sedans.

Published 26 Nov, 2020 10:38am

Business & Finance

Bitcoin falls 6% in Asian trade

Bitcoin, the world’s biggest and best-known crypto-currency, has risen 358.6% from the year’s low of $3,850 on March 13.

Published 26 Nov, 2020 10:36am

Technology

U.S. grants ByteDance new seven-day extension of TikTok sale order: filing

The new deadline is Dec. 4, TikTok said in the filing.

Published 26 Nov, 2020 09:26am

World

Trump pardons former adviser Flynn, who pleaded guilty in Russia probe

A retired Army general, Flynn pleaded guilty to lying to the FBI about interactions he had with Russia’s ambassador to the United States in the weeks leading up to Trump’s inauguration in January 2017.

Published 26 Nov, 2020 09:22am

Markets

China stocks post biggest intraday fall in a month

BEIJING: China shares closed lower on Wednesday, posting the biggest intraday loss in nearly a month, as electric...