Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Alibaba’s Jack Ma makes first public appearance since October in online meeting: state media
SHANGHAI (Reuters) - Alibaba Group founder Jack Ma met with 100 rural teachers in China via a video meeting on Wednesday, local government media reported, making the businessman's first appearance in ...
Jan 19, 2021
Analysis: China’s would-be chip darling Tsinghua Unigroup bedevilled by debt and bad bets
By Josh Horwitz SHANGHAI (Reuters) - Tsinghua Unigroup, a Chinese conglomerate that has long sought to become a semiconductor powerhouse, is now caught between a rock and a hard place as debt woes mou...
Jan 19, 2021
U.S. EPA grants three biofuel waivers to refiners before Trump leaves office
By Stephanie Kelly NEW YORK (Reuters) - The U.S. Environmental Protection Agency (EPA) on Tuesday granted three waivers to oil refiners that exempt them from U.S. biofuel blending obligations, a last-...
Jan 19, 2021
FCC rejects request by U.S. agencies to halt Ligado network approval
WASHINGTON (Reuters) - The Federal Communications Commission late Tuesday voted 3-2 to reject a bid by U.S. government agencies to freeze its decision to allow Ligado Networks to deploy a nationwide n...
Jan 19, 2021
IMF board oks $2.7 billion line of credit to Panama for pandemic fallout
(Reuters) - The International Monetary Fund (IMF) has approved a $2.7 billion line of credit for Panama to address the coronavirus pandemic, the lender said in a statement on Tuesday. The IMF's execut...
Jan 19, 2021
Japan’s Nidec files HDD patent infringement suit against Seagate
TOKYO (Reuters) - Japan's Nidec Corp said on Wednesday it had filed a patent infringement lawsuit against Seagate Technology LLC and its affiliates, accusing it of using Nidec hard disk drive motor de...
Jan 19, 2021
Oil extends gains on hopes of U.S. stimulus and crude stocks drawdown
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose in early trade on Wednesday, adding to solid gains overnight, on expectations the incoming U.S. administration will go ahead with massive stimulus ...
Jan 19, 2021
Audi aims to sell one million cars in China in 2023
BEIJING (Reuters) - German premium automaker Audi aims to sell 1 million vehicles in China in 2023, versus 726,000 vehicles in 2020, the brand's China chief Werner Eichhorn said on Wednesday. Audi, wh...
Jan 19, 2021
UK finance sector revives, cuts staff, reviews office space: survey
By Huw Jones LONDON (Reuters) - Business volumes in UK financial services grew for the first time in two years during the final quarter of 2020 when firms shed staff and remote working in the pandemic...
Jan 19, 2021
U.S. budget airline Frontier to resume pilot hiring this year
CHICAGO (Reuters) - U.S. ultra low-cost carrier Frontier Airlines, which is owned by private equity firm Indigo Partners, is planning to resume new pilot hiring this year, a Frontier spokeswoman said ...
Jan 19, 2021
