Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Lordstown Motors says electric pickup launch ‘on track’ for fall 2021
By Paul Lienert (Reuters) - Startup Lordstown Motors Corp said on Monday it remained "on track" to begin building electric pickup trucks next September at a former General Motors Co plant in northeast...
Nov 16, 2020
EU regulators to decide on $30 billion Willis, Aon deal by December 21
BRUSSELS (Reuters) - Aon has sought EU antitrust approval for its $30 billion bid for Willis Towers , with the EU watchdog setting a Dec. 21 deadline for its decision, a filing on the European Commiss...
Nov 16, 2020
Insurers cannot provide unlimited cover in pandemic, UK Supreme Court told
By Carolyn Cohn and Kirstin Ridley LONDON (Reuters) - Major insurance companies told the UK Supreme Court on Monday it was wrong to assume there could be unlimited cover during a pandemic in an appeal...
Nov 16, 2020
PSA boss expects more carmaker consolidation in electric shift
(Reuters) - The CEO of France's PSA Group expects further consolidation of the automotive sector as carmakers invest vast sums in producing electric vehicles, he said on Monday, adding that some will ...
Nov 16, 2020
Hungary, Poland block 2021-2027 EU budget, recovery package
By Jan Strupczewski BRUSSELS (Reuters) - Hungary and Poland blocked on Monday the adoption of the 2021-2027 budget and recovery fund by European Union governments because it included a clause which ma...
Nov 16, 2020
ECB to probe major payment system outage
FRANKFURT (Reuters) - The European Central Bank said on Monday it was launching an independent review of a major outage of its payment systems and other incidents affecting its settlement platforms th...
Nov 16, 2020
Volkswagen looking at carving out Lamborghini and Ducati
FRANKFURT (Reuters) - Volkswagen is looking into potentially carving out its Lamborghini supercar and Ducati motorbike brands, it said on Monday, as the German automaker seeks to streamline its operat...
Nov 16, 2020
Nissan plans to invest heavily in China luxury segment, COO says
(Reuters) - Japan's Nissan Motor Co plans to invest heavily in China's luxury auto segment, its chief operating officer told Reuters on Monday. Ashwani Gupta made the comment in an interview during th...
Nov 16, 2020
EU eyes tax as tool in climate change fight
By Kate Abnett BRUSSELS (Reuters) - Taxation will not escape the European Union's plans to curb planet-warming emissions, and levies should be revamped to reflect climate and environmental costs, the ...
Nov 16, 2020
Nissan ‘absolutely not’ in talks about Mitsubishi stake sale
(Reuters) - Nissan Motor Co is "absolutely not" in talks to sell its stake in Mitsubishi Motors Corp , Chief Operating Officer Ashwani Gupta said on Monday following a report that it was considering s...
Nov 16, 2020
