Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
TC Energy posts $1 billion quarterly loss on Keystone XL suspension
(Reuters) - Canadian pipeline operator TC Energy on Friday posted a loss of C$1 billion ($821.36 million) in the first quarter, hit by C$2.2 billion impairment charges related to the suspension of its...
Syndicated Content May 07, 2021
American Axle, Israel’s REE to develop electric-vehicle propulsion system
(Reuters) - Automobile parts maker American Axle & Manufacturing and Israel's REE Automotive will jointly develop an electric propulsion system to tap accelerating demand for battery-powered vehicles,...
Syndicated Content May 07, 2021
EU split on vaccine waiver idea, unlikely to take clear stance
BRUSSELS (Reuters) - European Union leaders are divided over whether to follow Washington in supporting a waiver of patent rights to COVID-19 vaccines, as many argue this would take years and not addr...
Syndicated Content May 07, 2021
XP approached Credit Suisse about buying its Brazil subsidiary: report
SAO PAULO (Reuters) - Brazilian broker XP Inc has approached Credit Suisse Group AG in Switzerland expressing its interest in acquiring the bank's subsidiary in Brazil, financial blog Brazil Journal r...
Syndicated Content May 07, 2021
Commerzbank strikes deal with workers over job cuts
FRANKFURT (Reuters) - Commerzbank employee representatives have agreed a job reduction deal, the Verdi labour union said on Friday, paving the way for the German lender to cut 10,000 jobs globally. Th...
Syndicated Content May 07, 2021
Futures edge higher ahead of non-farm payrolls data
By Shreyashi Sanyal (Reuters) - U.S. stock index futures edged higher on Friday as signs of a fast recovering global economy boosted sentiment ahead of data that is expected to show the U.S. economy c...
Syndicated Content May 07, 2021
EU regulator to test insurers for prolonged COVID economic hit
LONDON (Reuters) - European Union insurers will be stress tested for the impact of a prolonged COVID-19 pandemic scenario which could affect the value of their investments and business volumes. The Eu...
Syndicated Content May 07, 2021
Lear profit more than doubles on strong automobile demand
(Reuters) - U.S. auto parts maker Lear Corp said on Friday its first-quarter profit more than doubled, helped by robust demand for automobiles in key markets including China. Net income attributable t...
Syndicated Content May 07, 2021
Private equity funds eye Venezuela acquisitions on hopes Biden could ease sanctions
By Corina Pons and Mayela Armas CARACAS(Reuters) - At least two private equity funds are seeking to acquire stakes in Venezuelan companies that have survived the country's economic crisis, spurred in ...
Syndicated Content May 07, 2021
Investors eye inflation, seasonally weaker market stretch as tech stocks wobble
By Lewis Krauskopf NEW YORK (Reuters) - As U.S. stocks head into a seasonally rocky stretch, investors are gauging to what extent markets have anticipated a number of factors that could sway asset pri...
Syndicated Content May 07, 2021





