Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Andrea Shalal WASHINGTON (Reuters) - The Inter-American Development Bank (IDB) on Thursday unveiled what it called the first-ever financial instrument to address liability concerns that have slowed...

BERLIN (Reuters) - The European Union aims to produce battery cells for at least 7 million electric cars a year by 2025, the economy ministers of Germany and France and a top EU official wrote in an a...

(Reuters) - French carmaker Renault said on Thursday it would sell all of its 1.54% stake in Germany's Daimler in order to speed up de-leveraging of its automotive business. Renault said in a statemen...

MILAN (Reuters) - Italian infrastructure group Atlantia on Thursday said it swung to a net loss of 1.18 billion euros ($1.41 billion) last year as the negative impact of the coronavirus crisis added u...

By Tim McLaughlin BOSTON (Reuters) - U.S. private equity firm Blackstone in 2016 unplugged a Texas power plant that it owned from the state's grid in a bet that it could make a fortune as the only Ame...

MILAN (Reuters) - Former Fiat Chrysler premium car brands Alfa Romeo and Lancia will enjoy stronger investments under Stellantis, the new automaker formed from the merger with France's PSA, Stellantis...

By Kate Abnett BRUSSELS (Reuters) - The European Commission has come under fresh pressure to change its planned rules on what counts as a sustainable investment, with 10 EU countries saying the criter...

By Tina Bellon (Reuters) - Uber Technologies Inc and Lyft Inc on Thursday said they would share with each other information on drivers and delivery workers they had banned from their platforms for the...

By David Shepardson WASHINGTON (Reuters) - General Motors President Mark Reuss said Thursday the U.S. government should extend new investment tax credits for electric vehicle manufacturing and supply ...

By Mike Spector NEW YORK (Reuters) - Members of the Sackler family who own Purdue Pharma LP have offered roughly $4.3 billion to resolve sprawling opioid litigation, up from $3 billion initially propo...