Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
US Senate’s Schumer: vote on budget to pave way for COVID-19 aid possible next week
WASHINGTON (Reuters) - U.S. Senate Majority Leader Charles Schumer said he informed Democratic senators Tuesday that a vote on a budget resolution, a possible first step toward passing another round o...
Jan 26, 2021
Thriving Louis Vuitton offsets drop in sales at luxury group LVMH
By Sarah White and Silvia Aloisi PARIS (Reuters) - Booming sales at LVMH's fashion brands like Louis Vuitton, particularly in China, helped to cushion the impact of the coronavirus pandemic, which has...
Jan 26, 2021
Tesla’s report could trigger $7 billion payout to Musk
By Noel Randewich (Reuters) - Tesla's quarterly report on Wednesday could trigger a $7 billion options payout to Chief Executive Elon Musk, while owners of the electric car maker's soaring stock are k...
Jan 26, 2021
Apollo Global Management’s shares surge on resignation of CEO Black
By Chibuike Oguh NEW YORK (Reuters) - Apollo Global Management Inc shares surged more than 7% on Tuesday as investors viewed the resignation of CEO Leon Black as bolstering the private equity firm's f...
Jan 26, 2021
UK airline bosses criticise hotel quarantine plan, seek support
LONDON (Reuters) - The bosses of airlines including British Airways, Virgin Atlantic and easyJet criticised on Tuesday a possible plan for mandatory quarantine in hotels for some or all arrivals to Br...
Jan 26, 2021
AmEx sees consumer travel recovery after lower spending hits profit
By Niket Nishant (Reuters) - American Express Co said on Tuesday it expects an uptick in holiday travel this summer, but not business travel, as it seeks to recover from a year which dented airline tr...
Jan 26, 2021
Colombia central bank to hold rate at 1.75%, analysts say: Reuters poll
By Nelson Bocanegra BOGOTA (Reuters) - Colombia's central bank will hold the benchmark interest rate at its historically low levels at its meeting on Friday to aid economic recovery, to support growth...
Jan 26, 2021
White House says Biden believes Nord Stream 2 pipeline is a bad deal for Europe
WASHINGTON (Reuters) - White House press secretary Jen Psaki said on Tuesday that President Joe Biden continues to believe the Nord Stream 2 natural gas pipeline is a bad deal for Europe. She said the...
Jan 26, 2021
Kimmeridge launches proxy fight for seats on Ovintiv board
(Reuters) - Kimmeridge Energy Management Co on Tuesday launched a proxy fight against Ovintiv Inc to win three seats on the oil producer's board. The private investment firm urged Ovintiv to alter its...
Jan 26, 2021
Morgan Stanley, Goldman lead bonus jump for bankers in Asia – Bloomberg News
(Reuters) - Morgan Stanley and Goldman Sachs Group Inc's investment bankers are getting the biggest bonus bumps among peers in Asia, Bloomberg News reported on Tuesday, citing people familiar with the...
Jan 26, 2021
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