Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Norwegian Air has cancelled all remaining 88 jets in Airbus order: spokesman
OSLO (Reuters) - Norwegian Air has cancelled all the 88 narrow-body jets that remained on order from Airbus, a Norwegian Air spokesman said on Friday. The airline took an impairment charge of 4.8 bill...
Feb 26, 2021
U.S. consumer spending rebounds; inflation muted
WASHINGTON (Reuters) - U.S. consumer spending increased by the most in seven months in January as the government doled out more pandemic relief money to low-income households and new COVID-19 infectio...
Feb 26, 2021
U.S. SEC subpoenas Overstock, seeks information on 2019 retail forecast
(Reuters) - Overstock.com Inc said on Friday it received a subpoena from the U.S. Securities and Exchange Commission in January, seeking information on the company's 2019 forecast for retail unit and ...
Feb 26, 2021
India’s NSE defends communication over exchange shutdown
MUMBAI (Reuters) - India's National Stock Exchange (NSE) on Friday defended its communication over the reopening of the bourse after an unexpected shutdown this week. Traders and brokers had criticise...
Feb 26, 2021
Nikola’s internal review finds inaccuracy in some statements by Milton
(Reuters) - Nikola Corp and its founder Trevor Milton had made several statements that were partially or completely inaccurate, the electric-truck maker disclosed in a regulatory filing late on Thursd...
Feb 26, 2021
U.S. consumer spending rebounds in January
WASHINGTON (Reuters) - U.S. consumer spending rebounded strongly in January as the government doled out additional pandemic relief money to low-income households and new COVID-19 infections dropped, s...
Feb 26, 2021
U.S. Treasuries’ selloff give European stocks an edge
By Julien Ponthus and Thyagaraju Adinarayan (Reuters) - The selloff in U.S. Treasuries may finally give the bourses of Frankfurt, Paris or Milan a decisive edge for 2021 after five straight years of u...
Feb 26, 2021
Malaysia’s Ambank to pay government $700 million in 1MDB-linked settlement
KUALA LUMPUR (Reuters) - Malaysian banking group AMMB Holdings Berhad (AmBank) will pay 2.83 billion ringgit ($699 million) to the government to settle claims related to a multi-billion-dollar financi...
Feb 26, 2021
Increase equity exposure, suggest global funds amid selling frenzy: Reuters poll
By Tushar Goenka and Hari Kishan BENGALURU (Reuters) - The bull-run in stocks has at least another six months to go, according to Reuters polls of fund managers, who recommended increasing equity expo...
Feb 26, 2021
Volkswagen expects strong rebound in sales, deliveries in 2021
FRANKFURT (Reuters) - Volkswagen, the world's second-largest carmaker, on Friday said it expects revenues and deliveries to rebound strongly in the current year, shrugging off the impact of the corona...
Feb 26, 2021
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