Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
‘Better off thanks to China’: German companies double down on resurgent giant
By Michael Nienaber BERLIN (Reuters) - German industrial robot-maker Hahn Automation plans to invest millions of euros in new factories in China over the next three years, keen to capitalise on an eco...
Nov 18, 2020
From ‘haves’ to ‘have-nots’: how COVID-19 is swelling UK’s subprime ranks
By Sinead Cruise and Iain Withers LONDON (Reuters) - One morning, after years of financial prudence and solid creditworthiness, you wake up and it's all gone. You're no longer worthy. You're a risk. I...
Nov 18, 2020
Analysis: Berkshire’s bet a bright spot in gloomy year for Big Pharma stocks
By Lewis Krauskopf NEW YORK (Reuters) - Berkshire Hathaway Inc's new bet on the U.S. pharmaceutical industry signals hope for shares of large drug companies, which have lagged a broad market rally ami...
Nov 18, 2020
Nissan’s UK business tough to sustain without Brexit trade deal: COO Gupta
By Tim Kelly and David Dolan TOKYO (Reuters) - Any final exit by Britain from the European Union that worsens business conditions through increased tariffs would threaten the sustainability of Nissan ...
Nov 17, 2020
Oil mixed as hopes OPEC+ delays supply increase offset demand concerns
By Yuka Obayashi TOKYO (Reuters) - Oil prices were mixed on Wednesday as a bigger-than-expected build in U.S. crude stocks and weaker U.S. retail sales stoked fears over fuel demand, although hopes th...
Nov 17, 2020
U.S. to approve 737 MAX return as Boeing faces strong headwinds
By David Shepardson and Eric M. Johnson WASHINGTON/SEATTLE (Reuters) - After nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing Co is set on Wednesday to wi...
Nov 17, 2020
Malaysia’s Najib seeks to depose Goldman Sachs, ex-banker in 1MDB defence
KUALA LUMPUR (Reuters) - Former Malaysian prime minister Najib Razak asked a U.S. court on Tuesday for permission to seek documents and testimony from investment bank Goldman Sachs to help in his defe...
Nov 17, 2020
U.S. judge dismisses part of diesel criminal case against Fiat Chrysler engineer
By David Shepardson WASHINGTON (Reuters) - A judge in Detroit on Tuesday dismissed a portion of a criminal case against a Fiat Chrysler senior manager who was charged as part of the government's probe...
Nov 17, 2020
Container freight rates soar on consumer goods boom, supply chain kinks
SINGAPORE (Reuters) - Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight ...
Nov 17, 2020
Beyond Meat launches plant-based minced pork in China
(Reuters) - Beyond Meat Inc on Tuesday launched plant-based minced pork in China, as the faux meat maker seeks to tap into the growing demand for its products in the lucrative Asian market. The compan...
Nov 17, 2020
