Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Hyundai Motor’s heir apparent to be made chairman: Yonhap
SEOUL (Reuters) - Hyundai Motor Group's executive vice chairman Euisun Chung is set to be made chairman of the South Korean carmaker as soon as on Wednesday, Yonhap news agency reported, as he formall...
Oct 13, 2020
Citigroup quarterly profit tumbles on low interest rates, loan demand
(Reuters) - Citigroup Inc reported a 34% drop in quarterly profit on Tuesday, as rock-bottom interest rates and a slowdown in loan demand outweighed the boost from a surge in financial market trading....
Oct 13, 2020
Contested U.S. vote could trigger volatility in markets: BofA survey
LONDON (Reuters) - Nearly three quarters of investors surveyed by Bank of America (BofA) expect a surge in financial market volatility in the fourth quarter, given the likelihood of contested U.S. ele...
Oct 13, 2020
Unviable? Wave of job losses coming as UK cuts COVID support
By David Milliken LONDON (Reuters) - Like thousands of employers in Britain, Alison Griffin fears she could soon have to lay off more staff at her huge events venue when the government ends its flagsh...
Oct 13, 2020
Economic damage of new corona wave likely to be less dramatic: ECB’s Knot
AMSTERDAM (Reuters) - The new wave of coronavirus infections is slowing economic recovery in Europe but is likely to have less impact than the first phase, Dutch central bank President Klaas Knot said...
Oct 13, 2020
Bored with your flat pack furniture? – IKEA will buy it back
By James Davey LONDON (Reuters) - People tired of their flat pack IKEA dressers, drawers, cabinets and tables will now be able to sell them back to the furniture retailer for resale in its stores as s...
Oct 13, 2020
After frying chicken for over 100 years, Kansas restaurant is shut by pandemic
By Timothy Aeppel and Arin Yoon ABILENE, Kan. (Reuters) - Mark Martin's family restaurant weathered two world wars, the Dust Bowl, and the Great Depression, serving up heaping plates of hand-battered ...
Oct 13, 2020
Amazon bets on Prime Day in Latin America to battle local rivals
By Daina Beth Solomon MEXICO CITY (Reuters) - Amazon.com Inc's total sales have soared during the coronavirus pandemic, yet in Latin America, the world's biggest online retailer is locked in a dogfigh...
Oct 13, 2020
Apple event expected to bring 5G speed, smaller iPhone 12
By Stephen Nellis (Reuters) - Apple Inc on Tuesday is expected to announce an iPhone 12 capable of tapping into faster 5G networks, a new feature designed to spur sales during the company's busiest sa...
Oct 13, 2020
JPMorgan profit rises 4% as trading boosts quarter
(Reuters) - JPMorgan Chase & Co reported a 4% rise in third-quarter profit on Tuesday, helped by a surge in trading activity as global financial markets rebounded from a coronavirus-induced slump. The...
Oct 13, 2020
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