Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Hyundai Motor to launch dedicated EV platform in major push into electric cars
SEOUL (Reuters) - South Korea's Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform early next year that will use its own battery technology to cut production tim...
Dec 01, 2020
SoftBank winding down options trading after investor backlash: Bloomberg News
(Reuters) - SoftBank Group Corp is winding down its derivatives strategy after investor backlash, Bloomberg News reported on Wednesday, citing people familiar with the matter. The company will hold on...
Dec 01, 2020
Fashion retailer Tailored Brands emerges from bankruptcy protection
(Reuters) - Tailored Brands said on Tuesday it has emerged from bankruptcy protection following a financial restructuring process that helped the U.S. men's fashion retailer eliminate $686 million of ...
Dec 01, 2020
Japan ruling party weighs up inheritance tax exemption for foreigners
TOKYO (Reuters) - Japan's ruling coalition is discussing inheritance tax exemption on overseas assets for foreigners, as it prepares to compile by about Dec. 10 an annual tax code reform measure for t...
Dec 01, 2020
U.S. oil producer ConocoPhillips to shed up to 500 workers
HOUSTON (Reuters) - ConocoPhillips, the largest U.S. independent oil producer, said on Tuesday that it would lay off up to 500 Houston employees, about a fifth of its headquarters workforce, to match ...
Dec 01, 2020
U.S. government releases more data on millions of businesses that took pandemic aid
By Michelle Price and Koh Gui Qing WASHINGTON (Reuters) - The Trump administration late on Tuesday released the names of more than 10 million businesses and individuals that took pandemic aid, providi...
Dec 01, 2020
Dollar hovers near 2-1/2 low as traders eye U.S. stimulus talks
By Eimi Yamamitsu TOKYO (Reuters) - The dollar stayed near a 2 1/2-year low on Wednesday as investors cautiously eyed developments in talks about further fiscal stimulus from the United States, while ...
Dec 01, 2020
Singapore becomes first country to approve sale of lab-grown meat
SINGAPORE (Reuters) - Singapore has given U.S. start-up Eat Just the greenlight to sell its lab-grown chicken meat, in what the firm says is the world's first regulatory approval for so-called clean m...
Dec 01, 2020
BOJ’s Amamiya signals readiness to extend pandemic-response programmes
TOKYO (Reuters) - Bank of Japan Deputy Governor Masayoshi Amamiya on Wednesday signalled the central bank's readiness to extend the March deadline of a range of programmes aimed at easing corporate fu...
Dec 01, 2020
Samsung Electronics keeps chairmanship vacant in modest reshuffle
SEOUL (Reuters) - Electronics giant Samsung Electronics announced a small reshuffle of senior executives on Wednesday without replacing its recently deceased chairman or changing top leadership positi...
Dec 01, 2020
