Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EU aims to set global standards for AI, fines for violations
By Foo Yun Chee BRUSSELS (Reuters) - The European Commission on Wednesday announced tough draft rules governing the use of artificial intelligence (AI), including hefty fines for violations, a ban on ...
Apr 21, 2021
Stellantis scraps digital speedometers for Peugeot car in chips shortage
PARIS (Reuters) - Carmaker Stellantis said on Wednesday it would replace digital speedometers with more old-fashioned analogue ones in one of its Peugeot models, in a fallout from a global shortage of...
Apr 21, 2021
Chanel loses European court fight in trademark dispute with Huawei
By Foo Yun Chee BRUSSELS (Reuters) - French luxury house Chanel on Wednesday lost its trademark fight with Huawei Technologies after a top European court said their logos bear no similarity to each ot...
Apr 21, 2021
Health insurer Anthem raises 2021 profit target on upbeat quarter
(Reuters) -Anthem Inc on Wednesday raised its profit target for 2021, as strength in its pharmacy benefits management business helped the U.S. health insurer beat first-quarter earnings estimates. The...
Apr 21, 2021
Taiwan’s Gogoro to enter India scooter market with Hero tie-up
TAIPEI (Reuters) - Taiwanese electric scooter maker Gogoro has partnered with India's Hero MotoCorp to offer its battery-sharing infrastructure in the world's largest motorcycle market, top company of...
Apr 21, 2021
How a sweetheart deal gives GameStop CEO a $179 million goodbye gift
By Jessica DiNapoli (Reuters) - Gamestop Corp chief executive George Sherman can step down this summer with a $179 million windfall that dwarfs CEO salaries at many larger corporations thanks to a swe...
Apr 21, 2021
Watch this space: Volatility is bitcoin’s main attraction, says enthusiast
By Divya Chowdhury (Reuters) - Bitcoin's volatility is its main attraction and not a bug, as that is what gives the cryptocurrency its exponential rises, ex-Goldman Sachs bitcoin enthusiast Raoul Pal ...
Apr 21, 2021
Bank of England sees potential risks from cloud data providers
LONDON (Reuters) - The Bank of England might strengthen its controls on cloud data providers and other technology firms to counter possible risks to the stability of the financial system from the rise...
Apr 21, 2021
Emirates may need to raise cash if air travel does not pick up
DUBAI (Reuters) - Emirates is generating enough cash to operate but may need to raise more cash if air travel demand does not pick up in the next six months, its president said on Wednesday. Air trave...
Apr 21, 2021
Auto retailer Lithia Motors quarterly profit more than triples
(Reuters) - Lithia Motors Inc posted a jump in quarterly profit of more than three times as the U.S. auto retailer benefited from strong demand and higher vehicle prices. Net income was $156.2 million...
Apr 21, 2021
