Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK jobless rate rises by less than expected to 4.9%
LONDON (Reuters) - Britain's unemployment rate rose to 4.9% in the three months to October from 4.8% in the three months to September, official data showed on Tuesday. Economists polled by Reuters had...
Dec 15, 2020
Credit Suisse postpones 10%-12% return on tangible equity ambition
ZURICH (Reuters) - Credit Suisse on Tuesday reiterated its key financial ambition for a 10%-12% return on tangible equity in the medium term but avoided re-committing to the 10% goal previously set fo...
Dec 15, 2020
Credit Suisse postpones 10%-12% return on tangible equity ambition
ZURICH (Reuters) - Credit Suisse on Tuesday reiterated its key financial ambition for a 10%-12% return on tangible equity in the medium term but avoided re-committing to the 10% goal previously set fo...
Dec 15, 2020
U.S. tech giants face 6-10% fines as EU set rules to curb their power
By Foo Yun Chee BRUSSELS (Reuters) - Amazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe or face hefty fines between 6-10% under new draft EU rules t...
Dec 15, 2020
Fed will be tested in 2021 as vaccines boost U.S. economic outlook
By Ann Saphir (Reuters) - If 2020 was the year the Federal Reserve overhauled its game plan for supporting the U.S. economy, 2021 will be the year its new approach gets tested should a coronavirus vac...
Dec 15, 2020
Exclusive: China search giant Baidu considers making own electric vehicles – sources
BEIJING (Reuters) - China's Baidu Inc is considering making its own electric vehicles and has held talks with automakers about the possibility, said three people with knowledge of the matter, the late...
Dec 15, 2020
Apple plans 30% increase in iPhone production for first half of 2021 – Nikkei
(Reuters) - Apple Inc plans to manufacture up to 96 million iPhones for the first half of 2021, a nearly 30% year-on-year increase, Nikkei reported https://s.nikkei.com/3mlVbPC on Tuesday. (Reporting ...
Dec 15, 2020
Australia trial of Citi, others due in 2022, seven years after capital raising
SYDNEY (Reuters) - Citigroup Inc and other finance companies and executives will likely face trial in Australia in 2022, people familiar with the matter said on Tuesday, seven years after a share sale...
Dec 14, 2020
Japan’s economy needs years to return to pre-pandemic levels: Reuters poll
By Kaori Kaneko TOKYO (Reuters) - Japan's economy will suffer a smaller contraction this year than initially forecast but won't return to pre-coronavirus pandemic levels until at least early 2022, eco...
Dec 14, 2020
Singapore to open business travel bubble for all countries from January
SINGAPORE (Reuters) - Singapore will open a new segregated travel lane for a limited number of business, official and high economic value travellers from all countries, the government said on Tuesday,...
Dec 14, 2020
