Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Cuba announces first peso devaluation since revolution from January
By Marc Frank HAVANA (Reuters) - Cuba said late on Thursday it would start its long-awaited monetary reform in January, eliminating its dual currency and labyrinthine multiple exchange rate system in ...
Dec 10, 2020
Hyundai Motor Group chairman, units to buy Boston Dynamics from SoftBank for up to $828 million: source
SEOUL (Reuters) - Hyundai Motor Group units and its chairman have agreed to buy an 80% stake in robot maker Boston Dynamics from SoftBank Group Corp for around 800 billion won to 900 billion won ($736...
Dec 10, 2020
Japan to spend $3.7 billion in budget reserves to back travel campaign
TOKYO (Reuters) - Japan's Cabinet has decided to spend 385.6 billion yen ($3.71 billion) in emergency budget reserves to back the country's domestic travel campaign, the Ministry of Finance said on Fr...
Dec 10, 2020
China auto sales to hit 25 million units this year: industry body
BEIJING/SHANGHAI (Reuters) - China's vehicle sales are likely to hit 25 million units this year, an industry body said, as the world's biggest vehicle market continued to lead the global auto industry...
Dec 10, 2020
Sterling slips in Brexit countdown, Aussie rallies
By Tom Westbrook SINGAPORE (Reuters) - Sterling was set to snap five weeks of gains with a slump on Friday, as leaders on both sides of Brexit trade talks sounded doubtful about finding a resolution, ...
Dec 10, 2020
China to strengthen financial and tax policies – finance minister
(Reuters) - China will strengthen its financial and tax policies to ensure national economic security and ensure fiscal sustainability, Finance Minister Liu Kun said. Liu, in an article republished on...
Dec 10, 2020
Facebook tracks ‘OceanLotus’ hackers to IT firm in Vietnam
By Jack Stubbs and James Pearson LONDON/HANOI (Reuters) - Cybersecurity investigators at Facebook have traced a hacking group long suspected of spying on behalf of the Vietnamese government to an IT c...
Dec 10, 2020
Brazil faces $7 billion hole in 2021 budget from emergency aid, inflation – source
By Marcela Ayres BRASILIA (Reuters) - Brazil faces a 35 billion reais ($7 bln) hole in its 2021 budget due to emergency aid payments being held over to next year and welfare benefits indexed to a high...
Dec 10, 2020
Mexican lawmakers want minimum wage hikes to beat inflation; new raise planned
MEXICO CITY (Reuters) - Mexico's Senate on Thursday approved a proposal to keep minimum wage increases above inflation, just as the president pitched another sizeable hike next year, part of his gover...
Dec 10, 2020
UK startup Britishvolt picks site for $3.5 billion vehicle battery plant
By Nick Carey LONDON (Reuters) - Electric vehicle battery startup Britishvolt said on Friday it had selected a site in northern England to build a 2.6 billion ($3.5 billion) factory that should start ...
Dec 10, 2020
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