Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
After dire year England’s shops hope for end-of-lockdown shopping spree
By James Davey LONDON (Reuters) - After more than three months of enforced closure due to the COVID-19 pandemic, non-essential stores in England reopen their doors on Monday, hoping that the escape fr...
Apr 11, 2021
Record penalty for Ma’s Alibaba marks tumultuous stretch for its founder
By Tony Munroe BEIJING (Reuters) - Once seemingly untouchable, Alibaba founder Jack Ma has endured a tumultuous run that saw his Chinese e-commerce giant hit with a record 18 billion yuan ($2.75 billi...
Apr 11, 2021
ECB must accept no further delay in lifting inflation: Panetta
FRANKFURT (Reuters) - The European Central Bank should accept no further delay in lifting inflation back to its target as the current outlook is unsatisfactory and persistent misses risk damaging the ...
Apr 11, 2021
Bitcoin above $60,000 again, rises 1.32% to record $60,555.97
(Reuters) - Bitcoin rose 1.32% to a record $60,555.97 on Saturday, breaking above $60,000 for a second time in 10 days. The world's biggest and best-known cryptocurrency is up 118.3% from the year's l...
Apr 10, 2021
Korean battery firms set to announce deal to resolve U.S. trade dispute – sources
WASHINGTON (Reuters) - Korean battery makers LG Chem and rival SK Innovation Co are expected to announce a settlement on Saturday in a trade secrets dispute that has threatened a key Georgia plant and...
Apr 10, 2021
Italy’s economy seen growing 4.1% this year, business lobby says
ROME (Reuters) - Italy's virus-hit economy is expected to grow 4.1% this year and 4.2% in 2022 in an "uncertain ascent from the abyss", the country's business lobby Confindustria said on Saturday. The...
Apr 10, 2021
EU’s Michel says COVID-19 recovery fund is sufficient – Les Echos
PARIS (Reuters) - The European Union's COVID-19 recovery response is robust and does not fall short when compared with the United States' $1.9 trillion recovery plan, European Council President Charle...
Apr 10, 2021
EU proposes six-month tariff freeze with United States – Der Spiegel
BERLIN (Reuters) - The European Union has suggested that it and the United States suspend tariffs imposed on billions of dollars of imports for six months, EU trade chief Valdis Dombrovskis was quoted...
Apr 10, 2021
Exclusive: Berkshire Hathaway gives activist okay to phone it in on May 1
By Ross Kerber (Reuters) - Berkshire Hathaway Inc reversed course on Friday and told an activist group it could present a shareholder proposal remotely for the company's May 1 annual meeting, in line ...
Apr 09, 2021
China regulators fine Alibaba $2.75 billion for anti-monopoly violations
SHANGHAI (Reuters) - Chinese regulators have fined Alibaba 18 billion yuan ($2.75 billion) - around 4% of its revenues in 2019 - for violating anti-monopoly rules and abusing its dominant market posit...
Apr 09, 2021
