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

MOSCOW (Reuters) - Russia's central bank said on Wednesday it had ordered brokers to block the accounts of more than 60 private investors it suspected of coordinating in a Telegram channel to try to r...

DUBAI (Reuters) - Saudi Arabia's sovereign wealth fund, the Public Investment Fund, said on Wednesday it has signed a $15 billion multi-currency revolving credit facility with a group of 17 banks, whi...

By Brenna Hughes Neghaiwi and Iain Withers ZURICH (Reuters) - The head of Credit Suisse's European asset management division and two other employees who worked on the bank's Greensill Capital supply-c...

STOCKHOLM (Reuters) - Swedish lithium-ion battery maker Northvolt said on Wednesday it had bought U.S. startup Cuberg to get access to technology that would boost the range of electric vehicles that c...

ZURICH (Reuters) - Siemens has completed the sale of its Flender mechanical and electrical drive systems business to Carlyle Group for an enterprise value of 2.025 billion euros ($2.41 billion), the G...

By Donna Omulo NAIROBI (Reuters) - Bella Gwada picks purple-tipped tea leaves at a farm in central Kenya early on a Saturday morning before moving to process, brew and taste the produce which had been...

HAMBURG (Reuters) - Volkswagen strategy chief Michael Jost will quit after more than a decade with the group, he said on his website, adding he would now focus on building smart boats with his family....

By Victoria Waldersee MADRID (Reuters) - Zara owner Inditex forecast healthy sales as soon as lockdowns are lifted, after the coronavirus crisis knocked its net profit to 1.1 billion euros ($1.31 bill...

(Reuters) - Shares of GameStop jumped before the bell on Wednesday, setting the videogame retailer on track for its longest streak of daily gains in six months and extending a rally that has already d...

FRANKFURT (Reuters) - Climate activists from Greenpeace landed a paraglider on top of the European Central Bank's press centre on Wednesday and hung a banner accusing the bank of funding polluters. Af...