Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Deutsche Bank CEO gives up oversight of investment bank in revamp
FRANKFURT (Reuters) - Deutsche Bank CEO Christian Sewing will hand over oversight of the investment bank to board member Fabrizio Campelli, the German bank said on Monday, as part of an overhaul of th...
Mar 29, 2021
Traffic in Suez Canal resumes after stranded ship refloated
By Yusri Mohamed, Nadine Awadalla and Aidan Lewis ISMAILIA, Egypt (Reuters) - Shipping traffic through Egypt's Suez Canal has resumed after a giant container ship which had been blocking the busy wate...
Mar 29, 2021
SoftBank’s Son eyes bringing Coupang services to Japan
TOKYO (Reuters) - SoftBank Group Corp CEO Masayoshi Son said on Monday the conglomerate's domestic internet business Z Holdings is in talks with South Korean e-commerce firm Coupang about bringing its...
Mar 29, 2021
Bitcoin jumps to one-week high above $58,000
LONDON (Reuters) - Bitcoin jumped to a one-week high on Monday, rising as much as 4.5% to $58,300 and nearing a record high above $61,000 hit earlier this month. Visa Inc said earlier it would allow t...
Mar 29, 2021
Greek cabinet clears EU-funded recovery plan, eyeing big boost in growth
By George Georgiopoulos ATHENS (Reuters) - Greece's cabinet on Monday approved a national recovery plan that it hopes will boost economic growth by as much as seven percentage points over the next six...
Mar 29, 2021
Union urges shareholders to vote against Marathon exec pay: letter
By Stephanie Kelly NEW YORK (Reuters) - The Teamsters Union on Monday urged shareholders of oil refiner Marathon Petroleum Corp to vote against an approval on executive compensation, arguing that the ...
Mar 29, 2021
Argentina’s Buenos Aires province extends debt restructuring deadline to April 23
BUENOS AIRES (Reuters) - Argentina's Buenos Aires province said on Monday it would extend the deadline for its $7 billion foreign debt restructuring until April 23, amid rising tensions with creditors...
Mar 29, 2021
Stellantis to halt production at Italian car plant in April, union says
MILAN (Reuters) - Carmaker Stellantis will halt production at its plant in Melfi, southern Italy for the period April 2-12 because of low demand triggered by the COVID-19 crisis, the UILM union said o...
Mar 29, 2021
Bank of England acts to limit fallout from banking glitches
By Huw Jones LONDON (Reuters) - Banks and other financial firms in Britain must set out by March 2022 how quickly critical parts of their business could recover from IT glitches and other disruptions ...
Mar 29, 2021
Southwest Airlines adds 100 orders for Boeing 737 MAX jet
(Reuters) - U.S. budget carrier Southwest Airlines Co said on Monday it had reached a deal with planemaker Boeing Co for 100 orders for a variant of the 737 MAX aircraft, with the first 30 jets schedu...
Mar 29, 2021
