Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Arms sales by China’s four biggest companies in the sector rose by 5% in 2019: SIPRI think tank
STOCKHOLM (Reuters) - Arms sales by China's four biggest companies in the sector rose by 4.8% in 2019 compared with 2018 to $56.7 billion, a leading conflict and armaments think-tank said on Monday. S...
Dec 06, 2020
China’s COVID-free ‘Hawaii’ chases local tourist dollar with a vengeance
By Stella Qiu and Ryan Woo SANYA, China (Reuters) - Millions of domestic tourists are descending on China's southernmost island province of Hainan, presenting a surreal contrast with grim hospital sce...
Dec 06, 2020
Federal agency finds no wrongdoing in Kodak loan: report
By Imani Moise (Reuters) - A federal agency found no wrongdoing concerning the stalled U.S. government loan to Eastman Kodak Co, the Wall Street Journal reported on Sunday. The inspector general for t...
Dec 06, 2020
Goldman mulls Florida base for asset management arm: Bloomberg News
(Reuters) - Goldman Sachs Group Inc is weighing plans for a new Florida base to house its asset management arm, Bloomberg News reported on Sunday, citing people with knowledge of the matter. Goldman e...
Dec 06, 2020
Foley-backed blank-check acquisition firm nears $9 billion Paysafe deal: sources
By David French NEW YORK (Reuters) - A blank-check acquisition firm backed by veteran investor Bill Foley is nearing a deal to merge with Paysafe, valuing the U.S. payments company at around $9 billio...
Dec 06, 2020
Zalando co-CEO Ritter to step down to let wife pursue career
BERLIN (Reuters) - Rubin Ritter, who has been co-chief executive of German online fashion company Zalando since 2010, will step down next year, leaving Robert Gentz and David Schneider to continue to ...
Dec 06, 2020
Iran prepares to raise oil exports if sanctions eased: state media
(Reuters) - Iran has instructed its oil ministry to prepare installations for production and sale of crude oil at full capacity within three months, state media said on Sunday, ahead of a possible eas...
Dec 06, 2020
Explainer: The potential impact of Brexit without a trade deal
By Guy Faulconbridge and John Chalmers LONDON/BRUSSELS (Reuters) - Britain and the European Union sought on Sunday to strike an elusive trade deal, with failure likely to end with trade in chaos, mark...
Dec 06, 2020
Volkswagen CEO expects autonomous cars on market from 2025-2030
BERLIN (Reuters) - The chief executive of Volkswagen, the world's largest vehicle maker by sales, expects autonomous vehicles to be ready for sale between 2025 and 2030, he told a magazine. Herbert Di...
Dec 06, 2020
UniCredit chairman-elect says Mustier’s exit not due to MPS
ROME (Reuters) - Jean Pierre Mustier's decision to step down as CEO of UniCredit had nothing to do with a possible acquisition of bailed-out rival Monte dei Paschi (MPS), UniCredit Chairman-elect Pier...
Dec 06, 2020
