Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
H&M, IKEA and Stora Enso backed TreeToTextile builds sustainable fibre demo plant
STOCKHOLM (Reuters) - A venture part-owned by Finnish forestry group Stora Enso, Sweden's H&M and IKEA said on Tuesday it was set to build a demonstration plant in Sweden for a new, more sustainable w...
Feb 23, 2021
China’s Weibo hires banks for Hong Kong secondary listing, sources say
By Julie Zhu and Scott Murdoch HONG KONG (Reuters) - Chinese social media platform Weibo Corp has appointed Goldman Sachs, Credit Suisse and CLSA to work on its planned Hong Kong secondary listing in ...
Feb 23, 2021
HSBC plans to nearly halve office space over long term
LONDON (Reuters) - HSBC plans to nearly halve its office space globally over the long term as part of a renewed cost-cutting drive set out on Tuesday, in a further sign the COVID-19 pandemic is leadin...
Feb 23, 2021
European shares gain on higher commodity prices; HSBC weighs
(Reuters) - European shares rose on Tuesday as strong commodity prices helped outweigh mixed corporate earnings updates, while British bank HSBC fell after it abandoned its long-term profitability tar...
Feb 23, 2021
French labour minister urges companies to boost remote working to avoid lockdown
PARIS (Reuters) - French Labour Minister Elisabeth Borne said on Tuesday it was paramount that companies boost remote working to avoid having to resort to a new lockdown to fight the spread of COVID-1...
Feb 23, 2021
G4S backs Allied Universal’s final $5.4 billion offer
(Reuters) - Private security firm G4S on Tuesday recommended shareholders to vote for Allied Universal's final offer that values the British firm at 3.8 billion pounds ($5.35 billion), a day after a r...
Feb 23, 2021
UK jobless rate rises to highest since early 2016 at 5.1%
LONDON (Reuters) - Britain's unemployment rate rose to 5.1% in the last three months of 2020, official data showed, its highest since the first quarter of 2016 but still a lot lower than it would have...
Feb 23, 2021
Analysis: How rich is Saudi Arabia? Kingdom does the math in balance sheet overhaul
By Davide Barbuscia DUBAI (Reuters) - Saudi Arabia wants to demystify its finances. The kingdom is working on creating a consolidated balance sheet of its assets and liabilities which will include ite...
Feb 23, 2021
Analysis: U.S. bill rates risk going negative, but stimulus could change the course
By Karen Brettell (Reuters) - Short-dated U.S. Treasury debt yields risk turning negative as the U.S. government curbs sales of Treasury bills, but analysts are looking at the progress of the stimulus...
Feb 23, 2021
Texas freeze raises concerns about ‘ridiculous’ variable rate bills
By Stephanie Kelly, Peter Szekely and Jennifer Hiller HOUSTON (Reuters) - In Spring, Texas, about 20 miles (32 km) north of Houston, Akilah Scott-Amos is staring down a more than $11,000 electric bill...
Feb 23, 2021
