Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
VW-backed EV charging firm Ionity to sell minority stake: sources
By Arno Schuetze and Christoph Steitz FRANKFURT (Reuters) - Electric vehicle charging group Ionity, whose owners include Volkswagen and Daimler, is looking to sell a minority stake to rake in 400 mill...
Syndicated Content Mar 11, 2021
If Canadians spend pandemic cash hoard, recovery could be strengthened – BoC deputy
OTTAWA, (Reuters) - Canadians have saved up a massive nest egg through the pandemic and a rush to spend that money could "meaningfully affect" economic growth, a Bank of Canada deputy governor said on...
Syndicated Content Mar 11, 2021
Exclusive: KKR seeks $12 billion for flagship infrastructure fund – sources
By Chibuike Oguh (Reuters) - Buyout firm KKR & Co Inc is seeking to raise $12 billion for its flagship global fund that will invest in infrastructure assets such as oil and gas pipelines and renewable...
Syndicated Content Mar 11, 2021
Qualcomm struggles to meet chip demand as shortage spreads to phones: sources
By Stephen Nellis, Josh Horwitz and Hyunjoo Jin SAN FRANCISCO/SHANGHAI (Reuters) - Qualcomm Inc is struggling to keep up with demand for its processor chips used in smartphones and gadgets, as a chip ...
Syndicated Content Mar 11, 2021
SoftBank-backed Coupang valued at $109 billion in blockbuster debut
(Reuters) - Shares of SoftBank Group Corp-backed Coupang soared more than 81% in their stock market debut on Thursday, valuing the South Korean e-commerce giant at $109 billion. Stock opened at $63.5,...
Syndicated Content Mar 11, 2021
Biden to sign $1.9 trillion COVID-19 rescue plan Thursday
WASHINGTON (Reuters) - President Joe Biden plans to sign the $1.9 trillion coronavirus relief legislation on Thursday, the White House said, a day earlier than originally planned. The signing will com...
Syndicated Content Mar 11, 2021
Barclays to pay own $46 million legal bill in Staveley court case
By Lawrence White LONDON (Reuters) - A judge ruled Barclays will have to pay its own 33 million pound ($46.09 million) legal bill despite winning a case against British businesswoman Amanda Staveley's...
Syndicated Content Mar 11, 2021
Cucinelli raises 2021 sales guidance, proposes no dividend
(Reuters) - The luxury group Brunello Cucinelli raised its sales guidance for the year on expectations that the end of the coronavirus pandemic was near, it said on Thursday. The company, known for it...
Syndicated Content Mar 11, 2021
GM announces partnership with lithium metal battery startup
By Ben Klayman DETROIT (Reuters) - General Motors Co on Thursday announced a partnership with a lithium metal battery startup to boost the U.S. automaker's battery development, allowing for higher ele...
Syndicated Content Mar 11, 2021
U.S. households ended 2020 with record $130.2 trillion in wealth, Fed says
WASHINGTON (Reuters) - U.S. households ended 2020 with a record $130.2 trillion in wealth, the Federal Reserve said in a report on Thursday, as rock-bottom interest rates and a massive fiscal rescue s...
Syndicated Content Mar 11, 2021





