Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. to introduce new fraud, abuse checks for small business pandemic aid program – sources
By Koh Gui Qing and Michelle Price WASHINGTON (Reuters) - The U.S. Small Business Administration (SBA) will introduce new due diligence checks when it kicks off the third round of the country's main s...
Jan 08, 2021
Acacia terminates merger agreement with Cisco
(Reuters) - Acacia Communications Inc said on Friday it has terminated its nearly $3 billion merger agreement with Cisco Systems Inc, effective immediately. "Because approval of the Chinese government...
Jan 08, 2021
Chip shortage forces Nissan to cut Note compact car production
TOKYO (Reuters) - Nissan Motor Co Ltd said on Friday it would cut production of its best-selling Note compact car this month due to a shortage of semiconductors, becoming the latest carmaker to be hit...
Jan 08, 2021
Take Five: The great reflation
1/BIDEN BET One trade is gripping markets in the early days of 2021: reflation - nowhere more evident than in bonds, where U.S. 10-year Treasury yields topped 1% on Georgia's Senate runoff results. Be...
Jan 08, 2021
Futures at record high ahead of monthly employment data
By Devik Jain (Reuters) - Futures tracking Wall Street's main indexes scaled new highs on Friday, as investors counted on more economic stimulus to ride out a pandemic-led downturn ahead of the crucia...
Jan 08, 2021
Percy Pig faces tariffs going to EU markets, UK’s M&S warns
LONDON (Reuters) - British retailer Marks & Spencer warned on Friday its popular Percy Pig sweets could be hit by tariffs if it re-exports the product to European Union countries, including Ireland. C...
Jan 08, 2021
China says pressure to stabilise foreign trade, foreign investment remains huge in 2021
BEIJING (Reuters) - China's commerce minister Wang Wentao said on Friday the pressure on China to stabilise foreign trade and foreign investment remains huge in 2021. Wang was speaking in an interview...
Jan 08, 2021
Trump moves to loosen mining regulations, approve projects as he exits
By Ernest Scheyder (Reuters) - Outgoing U.S. President Donald Trump's administration is moving to loosen mining regulations and green light new mineral projects before leaving office this month, with ...
Jan 08, 2021
UK’s competition watchdog to probe Google’s browser changes
(Reuters) - UK's competition watchdog said on Friday it has launched an investigation into Google's proposals to remove third-party cookies and other functions from its Chrome browser. "The investigat...
Jan 08, 2021
Commerzbank to write off 1.5 billion euros in goodwill, increases risk provisions
FRANKFURT (Reuters) - Commerzbank said on Friday it would write off existing goodwill of 1.5 billion euros ($1.84 billion) and also increased its risk provisions related to the coronavirus pandemic. (...
Jan 08, 2021
