Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Mexican used-car startup Kavak hits $4 billion valuation
By Daina Beth Solomon MEXICO CITY (Reuters) - Mexican used-car platform Kavak has reached a $4 billion valuation after raising $485 million in new funding, it told Reuters this week, making the fast-e...
Apr 07, 2021
Nokia settles patent fight with Lenovo
STOCKHOLM (Reuters) - Finland's Nokia has settled a multi-year patent fight with China's Lenovo Group, the world's biggest PC maker, resolving all pending litigation across all jurisdictions, the comp...
Apr 07, 2021
G20 finance officials to meet on pandemic measures, U.S. global minimum tax plan
By Andrea Shalal WASHINGTON (Reuters) - Finance officials from the Group of 20 major economies are poised to back a $650 billion boost in the IMF's emergency reserves on Wednesday and extend a freeze ...
Apr 07, 2021
Explainer: What is a global minimum tax and how could it affect companies, countries?
By Leigh Thomas and David Lawder PARIS/WASHINGTON (Reuters) - Treasury Secretary Janet Yellen has thrown the weight of the U.S. government behind a push for a global corporate minimum tax rate, possib...
Apr 07, 2021
China’s census could point to a looming demographic slide
By Ryan Woo BEIJING (Reuters) - China's once-a-decade census is expected to show a further fall in the percentage of young people in its fast-aging population as high living costs and an aversion to h...
Apr 07, 2021
Analysis: Even as it tapers, BOJ invents new weapon to stimulate growth
By Leika Kihara TOKYO (Reuters) - A largely overlooked scheme created by the Bank of Japan to mitigate the drawbacks of its massive stimulus programme may become the central bank's new weapon to stimu...
Apr 07, 2021
China’s electric scooter maker Niu launches kick-scooter models
BEIJING (Reuters) - China's electric scooter maker Niu Technologies said on Wednesday it would roll out its first kick-scooter model in the United States and Europe and four electric bike models as it...
Apr 07, 2021
Citibank files wind up applications for GFG Australian assets
MELBOURNE (Reuters) - Citibank N.A. has lodged an application with Australia's Supreme Court of New South Wales to wind up two businesses run by Indian-British steel magnate Sanjeev Gupta as part of i...
Apr 06, 2021
Toshiba gets proposal to go private in $20 billion deal – source
By Makiko Yamazaki TOKYO (Reuters) -Private equity firm CVC Capital Partners is proposing taking Toshiba Corp private in a deal worth about $20 billion, a person familiar with the matter said, as the ...
Apr 06, 2021
South Korea’s SK Hynix near deal to supply auto chips to Germany’s Bosch – media
SEOUL (Reuters) - SK Hynix Inc, the world's second-largest memory chip maker, is close to signing a long-term deal to provide automotive memory chips to German auto supplier Robert Bosch GmbH, South K...
Apr 06, 2021
