Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK house price inflation hits highest in almost six years: Nationwide
LONDON (Reuters) - British house prices rose by the most in nearly six years in November, mortgage lender Nationwide said on Tuesday as the country's housing market booms even while the broader econom...
Dec 01, 2020
Pandemic to stimulate more active stock investment strategies: Nissay Asset CEO
By Hideyuki Sano and Tomo Uetake TOKYO (Reuters) - Social transformations triggered by the coronavirus pandemic are making index-following, passive stock investments less attractive and could reverse ...
Dec 01, 2020
Credit Suisse says new court order could result in $680 million RMBS judgment
ZURICH (Reuters) - Credit Suisse on Tuesday said a judge presiding over a more than decade-long dispute regarding a U.S. residential mortgage backed security (RMBS) had asked the bank and another part...
Dec 01, 2020
GM’s union in South Korea votes against tentative labour deal: official
SEOUL (Reuters) - The union representing workers for General Motors Co in South Korea have voted against a preliminary labour deal with the automaker, an union official told Reuters on Tuesday. The re...
Dec 01, 2020
Samsung may discontinue high-end Galaxy Note smartphones – sources
By Joyce Lee and Heekyong Yang SEOUL (Reuters) - Samsung Electronics Co Ltd may discontinue its premium Galaxy Note phone next year, sources with knowledge of the matter said, a move that would reflec...
Dec 01, 2020
Credit Suisse to propose outgoing Lloyds Bank CEO as chairman
ZURICH (Reuters) - Credit Suisse is proposing outgoing Lloyds Banking Group Chief Executive Officer Antnio Horta-Osrio as its next chairman, it said on Monday, bringing the nearly decade-long tenure o...
Dec 01, 2020
Calvert’s Streur eyes value, recently exited Twitter
By Ross Kerber (Reuters) - Value stocks are poised to catch up with better-performing peers if Washington passes new stimulus spending or similar actions to restore economic growth, the chief executiv...
Dec 01, 2020
Mirae Asset wins U.S. lawsuit against China’s Anbang on scrapped $5.8 billion hotel deal
SEOUL (Reuters) - South Korean investment bank Mirae Asset Daewoo Co Ltd said on Tuesday it won a U.S. court case against Anbang Insurance Group, after Mirae Asset affiliates scrapped a $5.8 billion d...
Dec 01, 2020
Exclusive: LG Chem to double China battery capacity to meet Tesla demand – sources
SEOUL (Reuters) - South Korea's LG Chem Ltd plans to more than double production capacity of battery cells it makes in China for Tesla Inc electric vehicles (EV) next year, sources said, to keep up wi...
Dec 01, 2020
COVID-19 drives 40% spike in number of people needing humanitarian aid, U.N. says
By Michelle Nichols NEW YORK (Reuters) - The COVID-19 pandemic has fueled a 40% increase in the number of people needing humanitarian assistance around the globe, the United Nations said on Tuesday, a...
Dec 01, 2020
