Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
SoftBank’s Northstar unit reports about $3.7 billion in losses
(Reuters) - Japan's SoftBank Group Corp said on Wednesday SB Northstar, its new trading unit, had amassed about $3.7 billion in trading losses so far. SoftBank had until now not disclosed much informa...
Nov 11, 2020
Development banks make landmark climate pledge, but no fossil fuel phase out
By Kate Abnett, Simon Jessop and Matthew Green BRUSSELS/LONDON (Reuters) - The world's public development banks on Wednesday pledged to align their financial firepower with the Paris Agreement on clim...
Nov 11, 2020
Austrian appeals court confirms end to Eurofighter fraud investigation
VIENNA (Reuters) - An Austrian appeals court has upheld a decision to end a criminal investigation into alleged fraud by Airbus SE and Eurofighter Jagdflugzeug GmbH in connection with a $2 billion fig...
Nov 11, 2020
Investors dive into emerging markets after U.S. election, vaccine breakthrough
By Marc Jones and Tom Arnold LONDON (Reuters) - A swathe of top investment banks and funds are piling into emerging market assets on a double-lift in confidence after U.S. President Donald Trump's ele...
Nov 11, 2020
Insurance losses from U.S. West Coast wildfires to top $8 billion: Aon
(Reuters) - Insurance and reinsurance industry losses from wildfires across U.S. states, including California, Oregon and Colorado, were estimated to be more than $8 billion, according to a monthly re...
Nov 11, 2020
How the U.S. stock market has treated new presidents
By Saqib Iqbal Ahmed NEW YORK (Reuters) - President-elect Joe Biden is likely to start his term faced with the worst public health crisis in decades and an economy still reeling from a sharp coronavir...
Nov 11, 2020
Colombia hopes to maintain U.S. investment under new administration
By Luis Jaime Acosta BOGOTA (Reuters) - Colombia hopes the U.S. government under President-elect Joe Biden will maintain a $5 billion investment program to boost economic and social development, as we...
Nov 11, 2020
Greece to offer 50% tax break for returning professionals and ‘digital migrants’
ATHENS (Reuters) - Greece is preparing a law that will offer a hefty tax incentive to workers who move there from abroad, with the aim of creating more professional jobs and reversing its crisis-era b...
Nov 11, 2020
Lufthansa reaches crisis deal with union to cut costs
BERLIN (Reuters) - German airline Lufthansa said on Wednesday it had reached a new deal with trade union Verdi to cut 200 million euros ($235 million) in costs in return for making no compulsory redun...
Nov 11, 2020
Wall Street is not overly worried Trump can overturn election
By David Randall NEW YORK (Reuters) - U.S. stock investors have expressed concerns that President Donald Trump's effort to contest the U.S. election without evidence could roil markets temporarily, bu...
Nov 11, 2020
Fri Jun 26
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