Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Dolce & Gabbana CEO denies talks with Kering over possible tie-up – paper
ROME (Reuters) - Dolce & Gabbana is not in talks with French luxury group Kering over a possible tie-up, the chief executive of the Italian fashion company said in an interview published on Tuesday. "...
Apr 06, 2021
Credit Suisse overhauls executive board as it estimates Archegos fallout at $4.7 billion
ZURICH (Reuters) - Credit Suisse on Tuesday said it was replacing senior managers and reducing proposals for its 2020 dividend and executive compensation as it grapples with the estimated 4.4 billion ...
Apr 06, 2021
MUFG says to stick with some coal lending, even as green pressure mounts
By Takashi Umekawa and Yuki Nitta TOKYO (Reuters) - Japan's Mitsubishi UFJ Financial Group Inc won't completely stop financing for coal-fired power plants, even as external pressure has forced it to t...
Apr 05, 2021
Silicon Valley self-driving startup Gatik works with Isuzu to build delivery trucks
By Jane Lanhee Lee (Reuters) - Silicon Valley self-driving startup Gatik and Isuzu North America Corp on Tuesday said they will work together to build autonomous delivery trucks that Gatik will use to...
Apr 05, 2021
U.S. auto industry calls for government help as it warns of impact of chip shortage
By David Shepardson WASHINGTON (Reuters) - A U.S. auto industry group on Monday urged the government to help as it warned the global semiconductor shortage could result in 1.28 million fewer vehicles ...
Apr 05, 2021
KKR raises $15 billion in Asia’s biggest fund as buyout-backed deals rise
SINGAPORE (Reuters) - Private equity powerhouse KKR & Co said on Tuesday it has raised $15 billion for its fourth Asia-Pacific focused fund, marking the region's biggest private equity fund at a time ...
Apr 05, 2021
Japan Finance Minister backs new SDR allocation, U.S. calls for minimum corp tax
By Tetsushi Kajimoto TOKYO (Reuters) - Japan would agree on a new allocation of special drawing rights (SDR) as long as the International Monetary Fund and World Bank help ensure transparency in provi...
Apr 05, 2021
China’s services sector recovery accelerates in March
BEIJING (Reuters) - A recovery in China's services sector picked up speed in March as firms hired more workers and business optimism surged, although inflationary pressures remained, a private sector ...
Apr 05, 2021
South Korea’s SK Group buys 16.3% stake in Vietnam’s VinCommerce for $410 million
SEOUL (Reuters) - South Korea's third-largest conglomerate, SK Group, said on Tuesday it has agreed to acquire a 16.3% stake in Vietnam's VinCommerce, a retail affiliate of Masan Group, for $410 milli...
Apr 05, 2021
New IMF reserves could fund vaccinations for low-, middle-income countries: report
By Andrea Shalal WASHINGTON (Reuters) - Moves to bolster the IMF's emergency reserves could provide the $44 billion needed to vaccinate 70% of the population in lower- and middle-income countries by t...
Apr 05, 2021
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