Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Audi to launch new electric vehicle venture with China’s FAW
BEIJING (Reuters) - German premium automaker Audi AG said on Tuesday it had signed a memorandum of understanding with China's state-owned FAW Group to launch a venture to make premium electric vehicle...
Oct 13, 2020
EU imposes tariffs on aluminium products from China
BRUSSELS (Reuters) - The European Union will impose duties of up to 48% on imports of aluminium extrusions from China midway through an investigation into whether Chinese producers are selling at unfa...
Oct 13, 2020
Germany says UK must move in ‘critical stage’ of Brexit talks
By Gabriela Baczynska BRUSSELS (Reuters) - A German minister on Tuesday demanded "substantive" movement from Britain on fisheries, dispute settlement and fair competition in post-Brexit trade talks wi...
Oct 13, 2020
Amazon workers in Germany strike on ‘Prime Day’
BERLIN (Reuters) - A German trade union called on workers at seven Amazon warehouses to go on strike on Tuesday to coincide with the global "Prime Day" promotion event that was postponed due to operat...
Oct 13, 2020
EU to win right to tariffs on $4 billion in U.S. goods in WTO Boeing case
BRUSSELS/PARIS (Reuters) - The European Union is set to win the right to impose tariffs on about $4 billion in U.S. goods in retaliation for subsidies granted to planemaker Boeing under a World Trade ...
Oct 13, 2020
Maersk to lay off 2,000 in business shake-up, lifts outlook on improving demand
COPENHAGEN (Reuters) - The world's biggest container shipping line, Maersk , said on Tuesday demand was recovering faster than expected and lifted its earnings outlook, while also announcing plans to ...
Oct 13, 2020
German economy may return to pre-crisis levels in early 2022: Finance Minister
BERLIN (Reuters) - The latest economic data provide hope that Germany's economy can return to pre-crisis levels in early 2022, Finance Minister Olaf Scholz said on Tuesday. Germany's rising level of g...
Oct 13, 2020
European shares tread water after rallying on stimulus hopes
(Reuters) - European shares hovered at five-week highs on Tuesday following a three-day rally that was sparked by hopes of more U.S. stimulus, while Airbus slipped after JPMorgan downgraded its rating...
Oct 13, 2020
China auto sales jump 13% in ‘Golden September’ as shoppers return to showrooms
By Yilei Sun and Brenda Goh BEIJING (Reuters) - Automobile sales in China rose 12.8% in September from the same month a year earlier, marking the sixth consecutive month of gain, as the world's bigges...
Oct 13, 2020
Amazon pitches early holiday shopping with fall ‘Prime Day’ event
(Reuters) - Amazon.com Inc on Tuesday began 48 hours of promotions as part of "Prime Day," a closely watched marketing event the company had postponed due to operational challenges from the coronaviru...
Oct 13, 2020
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