Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Crypto firm Blockchain.com raises $300 million, valued at $5.2 billion
LONDON (Reuters) - Cryptocurrency firm Blockchain.com said on Wednesday it had raised $300 million in its latest funding round at a valuation of $5.2 billion. The round was led by DST Global, Lightspe...
Mar 24, 2021
VW’s Skoda to invest 2.5 billion euros in new technologies over next five years
PRAGUE (Reuters) - Czech carmaker Skoda Auto, part of the Volkswagen Group, said on Wednesday it would invest around 2.5 billion euros over the next five years on future technologies, with more than h...
Mar 24, 2021
Japan urges support for fire-hit Renesas as global chip woes deepen
By Tim Kelly and Joyce Lee TOKYO/SEOUL (Reuters) - Japan has called on equipment makers to help one of its biggest chipmakers restore production, the latest government move aimed at easing a semicondu...
Mar 24, 2021
German cabinet approves extra budget with record new borrowing
BERLIN (Reuters) - Chancellor Angela Merkel's cabinet approved on Wednesday a debt-financed supplementary budget of 60 billion euros ($71 billion) which will lift annual new borrowing to a record high...
Mar 24, 2021
UK companies see orders boom on hopes of lockdown end – PMI
By Andy Bruce LONDON (Reuters) - A rush of new orders in anticipation of an easing of COVID-19 lockdown restrictions prompted a much stronger rebound for British companies than expected in March, a bu...
Mar 24, 2021
Leonardo postpones DRS IPO, shares fall
MILAN (Reuters) - Italian defence and aerospace group Leonardo postponed the initial public offering (IPO) of its U.S. electronics unit DRS sending its shares in Milan down more than 10%. Leonardo, wh...
Mar 24, 2021
Column: Central banks left flat-footed by flexible Fed – Mike Dolan
By Mike Dolan LONDON (Reuters) - This time it is probably different - or at least for monetary policymakers and markets trying to track them. Fuzzier Federal Reserve targets are creating a fog for oth...
Mar 24, 2021
Euro zone economy back to growth in March as factories roar: PMI
LONDON (Reuters) - Euro zone economic activity made a surprise return to growth this month as factories ramped up production to its fastest pace in over 23 years, offsetting a continuing slowdown in t...
Mar 24, 2021
Tencent’s quarterly profit jumps 175%, above forecast
(Reuters) - Chinese gaming and social media giant Tencent Holdings Ltd on Wednesday reported a forecast-beating 175% rise in quarterly profit. The world's largest gaming firm by revenue booked profit ...
Mar 24, 2021
March lockdown easing pushes German factory activity to record high: PMI
BERLIN (Reuters) - German factory activity rose to a record high in March and the services sector expanded after five successive months of contractions, surveys showed on Wednesday, suggesting Europe'...
Mar 24, 2021
