Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EU must rebuild industry, avoid protectionism after pandemic: Portugal PM
By Sergio Goncalves LISBON (Reuters) - Rebuilding European industry and making it less reliant on China and other nations should be a priority after the coronavirus pandemic but the EU should avoid pr...
Nov 23, 2020
GM will recall 5.9 million vehicles for air bag issue: safety agency
By David Shepardson WASHINGTON (Reuters) - General Motors Co will recall 5.9 million vehicles with potentially dangerous Takata air bag inflators after a U.S. safety agency said Monday it had rejected...
Nov 23, 2020
Portugal must diversify tourism-dependent economy after pandemic, government official says
By Catarina Demony LISBON (Reuters) - Portugal's tourism sector is set to lose 60,000 jobs this year alone due to the impact of the coronavirus outbreak and a recovery is still far off, Tourism Secret...
Nov 23, 2020
U.S. federal government awards transportation contract to Uber, Lyft
By Tina Bellon (Reuters) - Uber Technologies Inc and Lyft Inc have been awarded a federal contract worth up to $810 million to offer their ride-hail services to public agencies and their more than 4 m...
Nov 23, 2020
Canada October wholesale sales seen up 0.9%: StatsCan flash estimate
OTTAWA (Reuters) - Canadian wholesale trade in October likely increased by 0.9% after rising 0.9% in September, Statscan said in a flash estimate released on Monday. The preliminary estimate was calcu...
Nov 23, 2020
ECB’s Schnabel flags role of shadow banks in passing on policy
FRANKFURT (Reuters) - The European Central Bank should keep a close watch on the growing role played by shadow banks in passing on the ECB's policy to money markets, as many of those firms do not have...
Nov 23, 2020
Exclusive: JPMorgan dominates gold market with record $1 billion precious metals revenue
By Peter Hobson LONDON (Reuters) - JPMorgan has earned record revenue of around $1 billion so far this year from trading, storing and financing precious metals, vastly outperforming rival banks, two s...
Nov 23, 2020
UK watchdog fines FX broker TFS-ICAP for fake trade reports
By Huw Jones LONDON (Reuters) - Britain's financial regulator on Monday fined currency options broker TFS-ICAP 3.44 million pounds ($4.6 million) for routinely reporting fake trades to customers for o...
Nov 23, 2020
Futures rise as vaccine progress fuels recovery hopes
(Reuters) - U.S. stock index futures rose on Monday as hopes that the first COVID-19 vaccine could be available within weeks renewed bets of a swift economic recovery next year. The U.S. Food and Drug...
Nov 23, 2020
Greece considers capital injection to help Aegean Airlines
ATHENS (Reuters) - Greece is considering state support for the country's biggest carrier Aegean Airlines that would see it inject around 120 million euros ($142.55 million) of capital, the government'...
Nov 23, 2020
