Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EU lawmakers kick off two-month review of UK trade deal
By Philip Blenkinsop BRUSSELS (Reuters) - The European Parliament kicked off a two-month review on Monday of the EU-UK trade agreement struck on Christmas Eve, promising to "properly scrutinise" the d...
Jan 11, 2021
U.S. coffee shops will only return to pre-pandemic sales in 2023 – report
LONDON (Reuters) - U.S. branded coffee shops will only return to pre-pandemic sales levels next year after the COVID-19 pandemic wiped out nearly a quarter of their turnover last year, according to Al...
Jan 11, 2021
Shale gas pioneer Chesapeake Energy worth $5.13 billion on bankruptcy exit -U.S. judge
HOUSTON (Reuters) - Chesapeake Energy Corp's value has soared since its June bankruptcy filing, the U.S. judge overseeing the natural gas producer's trial indicated, and is worth $5.13 billion, far ab...
Jan 11, 2021
Virgin Atlantic close to $230 million sale and leaseback deal for two planes
LONDON (Reuters) - Virgin Atlantic, Richard Branson's airline which has been hammered by the pandemic, is close to finalising a deal to raise just over $230 million from two planes, enabling it to rep...
Jan 11, 2021
Staples offers $2.1 billion cash to buy Office Depot parent
(Reuters) - Office supplies retailer Staples on Monday said it made an offer to buy Office Depot owner ODP Corp for $2.1 billion in cash, nearly five years after its second takeover effort was rejecte...
Jan 11, 2021
Paris Club of international creditors accept Kenya debt relief request
LONDON (Reuters) - The Paris Club of international creditors said on Monday it had accepted a request from Kenya for a debt-servicing suspension from January to the end of June. "Kenya is committed to...
Jan 11, 2021
Chipotle to hire 15,000 workers in the United States
(Reuters) - Chipotle Mexican Grill Inc said on Monday it would hire 15,000 workers in the United States, as the fast-casual burrito chain benefits from strong demand during the COVID-19 pandemic. The ...
Jan 11, 2021
KKR to buy majority stake in Ryan Tedder and OneRepublic’s music catalog
(Reuters) - Investment firm KKR & Co said on Monday it will buy a majority stake in Ryan Tedder and OneRepublic's music catalog that includes hits such as "Counting Stars" and "Apologize". The company...
Jan 11, 2021
African free trade tariff rules should be completed by July-official
JOHANNESBURG (Reuters) - Members of Africa's new free trade area should complete their tariff reduction schedules and finalise essential rules of origin by July, a senior official with the bloc's secr...
Jan 11, 2021
Novavax bosses cash out for $46 million with COVID-19 vaccine trials still under way
By Jessica DiNapoli (Reuters) - Top executives at U.S. pharmaceutical company Novavax Inc aren't waiting to see how well their COVID-19 vaccine works before they reap the financial rewards. Chief Exec...
Jan 11, 2021
