Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Facebook-backed digital coin Libra renamed Diem in quest for approval
By Anna Irrera and Tom Wilson LONDON (Reuters) - Facebook-backed cryptocurrency Libra has been rebranded "Diem" in a renewed effort to gain regulatory approval by stressing the project's independence....
Dec 01, 2020
Germany’s Scholz: No EU country ‘so unwise’ to block recovery plan over rule-of-law
BERLIN (Reuters) - European Union member states will soon agree on a disputed rule-of-law mechanism linked to the bloc's recovery plan as all countries, including Poland and Hungary, would benefit fro...
Dec 01, 2020
Wall Street set for strong start to December on vaccine optimism
By Shriya Ramakrishnan and Medha Singh (Reuters) - Wall Street's main indexes were set to open higher on Tuesday as better-than-expected factory data from China and hopes that a COVID-19 vaccine will ...
Dec 01, 2020
VW bets on Porsche racecar engineer to help overtake Tesla
By Edward Taylor, Jan Schwartz and Jrn Poltz FRANKFURT (Reuters) - Alexander Hitzinger, a 49-year-old engineer who defected to Apple after helping to develop Porsche's winning 919 racecar, has been lu...
Dec 01, 2020
Fiat brand to electrify 60% of its models by end-2021: Executive
MILAN (Reuters) - By the end of next year 60% of the car models offered by Fiat Chrysler's Fiat brand will be electrified, either hybrid or full electric, the Head for EMEA for Fiat, Lancia and Abarth...
Dec 01, 2020
Canadian pot producers may scale back in Europe: industry report
By Shariq Khan (Reuters) - Canadian cannabis producers are likely to scale back their investments in Europe as they come under pressure to cut costs and deliver profit, according to a joint report by ...
Dec 01, 2020
Bitcoin off record highs, slumps 7% in volatile trade
LONDON (Reuters) - Bitcoin fell as much as 7% against the dollar on Tuesday as the fledgling currency was back to its volatile self after having scaled a record peak earlier in the day. The world's mo...
Dec 01, 2020
From hate speech to nudity, Facebook’s oversight board picks its first cases
By Elizabeth Culliford (Reuters) - Facebook Inc's independent oversight board announced on Tuesday the first six cases where it could overrule the social media company's decisions to remove certain pi...
Dec 01, 2020
Hospitality hit hardest as Austrian unemployment rises during lockdown
VIENNA (Reuters) - Austrian unemployment rose in November as a coronavirus lockdown kicked in in the second half of the month, Labour Minister Christine Aschbacher said on Tuesday, with hospitality jo...
Dec 01, 2020
EasyJet to cut onboard luggage allowance
LONDON (Reuters) - British airline EasyJet is to reduce its onboard luggage allowance from Feb. 10 next year, a move which will incentivise more people to pay to select their seat or check a bag into ...
Dec 01, 2020
