Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
Asian factories continue recovery from COVID-19 woes as China booms
By Leika Kihara TOKYO (Reuters) - Asian factories continued to recover steadily in November thanks to a boom in economic powerhouse China, private surveys showed on Tuesday, offering hope the region w...
Nov 30, 2020
Irish PM hopeful Brexit deal can be done this week: report
DUBLIN (Reuters) - British and European Union negotiators have the options in front of them to conclude a Brexit free-trade deal this week, Irish Prime Minister Micheal Martin was quoted as saying on ...
Nov 30, 2020
China’s November factory activity growth hits decade high: Caixin PMI
BEIJING (Reuters) - Activity in China's factory sector accelerated at the fastest pace in a decade in November, a business survey showed on Tuesday, as the world's second-largest economy recovers to p...
Nov 30, 2020
Biden budget pick Neera Tanden a lightning rod in Washington
By Andrea Shalal WASHINGTON (Reuters) - Neera Tanden, President-elect Joe Biden's outspoken nominee to head the Office of Management and Budget, faces a challenge winning Senate confirmation after a W...
Nov 30, 2020
