Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
VW CEO says will tweak strategy to maintain electric, autonomous push
FRANKFURT (Reuters) - Volkswagen will tweak its strategy to maintain investment momentum for developing electric and autonomous cars as it tries to make up for lost revenues caused by the coronavirus ...
Nov 05, 2020
Factbox: EU, UK deadlocked on three issues ahead of mid-Nov deadline in Brexit talks
By Gabriela Baczynska BRUSSELS (Reuters) - British and EU negotiators need to find a compromise on the most persistent sticking points in their talks to protect a trillion dollars worth of annual trad...
Nov 05, 2020
Airbnb to make IPO filing next week, braving COVID-19 surge: source
By Joshua Franklin (Reuters) - U.S. home rental company Airbnb Inc plans to make its initial public offering (IPO) registration public as early next week, setting course for a stock market debut next ...
Nov 05, 2020
Lloyd’s of London ditches plan to create own electronic exchanges
By Carolyn Cohn LONDON (Reuters) - Lloyd's of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing platforms instead to speed up the underwriting...
Nov 05, 2020
Canada’s Bombardier profit drops on lower transportation demand
(Reuters) - Plane and train maker Bombardier Inc posted a 31% fall in third-quarter profit on Thursday, hurt by weak performance of its transportation unit due to COVID-19-driven disruptions. The Mont...
Nov 05, 2020
How billionaire Jack Ma fell to earth and took Ant’s mega IPO with him
By Keith Zhai, Julie Zhu and Cheng Leng SINGAPORE/HONG KONG/BEIJING (Reuters) - They say talk is cheap. Tell that to Jack Ma. Corporate China's shiniest star was just days away from seeing his Ant Gro...
Nov 05, 2020
VW CEO says Biden victory would better suit carmaker’s strategy
FRANKFURT (Reuters) - Volkswagen Chief Executive Herbert Diess on Thursday said a victory by Democrat Joe Biden in the U.S. presidential race would better suit the German carmaker's efforts to mass pr...
Nov 05, 2020
EU edges towards agreement on multi-year budget
BRUSSELS (Reuters) - The European Union edged towards finalising its next 1.8 trillion euro ($2.12 trillion) budget and COVID recovery package on Thursday after an agreement that countries breaching r...
Nov 05, 2020
For some Ant investors, outrage that regulatory risks weren’t flagged better
By Scott Murdoch and Kane Wu HONG KONG (Reuters) - Some professional investors who bought Ant Group stock in its $37 billion IPO are fuming that regulatory risks were not better flagged, especially gi...
Nov 05, 2020
Tech, earnings lift European stocks as Biden inches closer to victory
By Sruthi Shankar (Reuters) - European shares hit a two-week high on Thursday, supported by a handful of strong earnings reports, more stimulus for Britain's economy and a surge in Wall Street stock f...
Nov 05, 2020
