Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Under shareholder pressure, Danone takes step to sell Chinese asset
PARIS (Reuters) - Danone said on Sunday it was taking a first step towards selling off its stake in its Chinese dairy partner as the French food group faces pressure from shareholders to improve its p...
Feb 28, 2021
Bitcoin falls 5.84% to $43,418
(Reuters) - Bitcoin dropped 5.84% to $43,418.02 on Sunday, losing $2,691.96 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, has fallen 25.6% from the year's high o...
Feb 28, 2021
Aramco seeks one-year extension on $10 billion loan: sources
By Yousef Saba and Davide Barbuscia DUBAI (Reuters) - Saudi Aramco has asked banks to extend by a year a $10 billion loan it raised last May, two sources familiar with the matter said, suggesting that...
Feb 28, 2021
Bitcoin extends retreat from record high to hit lowest in 20 days
(Reuters) - Bitcoin fell to its lowest since Feb. 8 in thin on Sunday, down 3.7% from Friday's close as the pullback from a record high near $60,000 continued. The world's biggest and best-known crypt...
Feb 28, 2021
Porsche to participate in fundraising of electric supercar maker Rimac: Automobilwoche
FRANKFURT (Reuters) - Volkswagen unit Porsche is participating in a financing round of Rimac Automobili that will see the electric supercar maker raise 130 million-150 million euros ($157 million-$181...
Feb 28, 2021
UK’s Sunak says vaccine passport idea might help the economy
LONDON (Reuters) - British finance minister Rishi Sunak said the idea of giving people vaccine passports or certificates to allow them to enter venues or events might be a way to help the country and ...
Feb 28, 2021
UK’s Sunak says public finances won’t be fixed overnight
LONDON (Reuters) - British finance minister Rishi Sunak said he would not try to fix the public finances overnight, days before he presents a budget statement that is expected to include further heavy...
Feb 28, 2021
China’s factory activity expands at a slower pace in February: official PMI
BEIJING (Reuters) - China's factory activity expanded in February at a slower pace than a month earlier, missing market expectations after brief COVID-19-related disruptions earlier in the year. The o...
Feb 28, 2021
UK’s Sunak to provide 5 billion pounds of grants to pandemic hit businesses in budget
LONDON (Reuters) - British finance minister Rishi Sunak will announce 5 billion pounds ($7 billion) of additional grants to help businesses hit hard by pandemic lockdowns in his budget statement next ...
Feb 27, 2021
Warren Buffett’s $10 billion mistake: Precision Castparts
By Jonathan Stempel (Reuters) - Warren Buffett makes mistakes too. The 90-year-old billionaire on Saturday admitted he "paid too much" when his Berkshire Hathaway Inc spent $32.1 billion in 2016 to bu...
Feb 27, 2021
