Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Norway union to further expand oil strike from Oct. 10
By Nerijus Adomaitis OSLO (Reuters) - Norway's Lederne labour union will expand its ongoing oil strike from Oct. 10 unless a wage bargain can be reached in the meantime, it said on Tuesday, confirming...
Oct 06, 2020
U.S. power use to drop over 2% in 2020 due coronavirus – EIA
(Reuters) - U.S. electricity consumption will decline 2.3% this year as coronavirus lockdowns cause businesses to close, the U.S. Energy Information Administration said on Tuesday in its Short Term En...
Oct 06, 2020
Tesla in talks with BHP over nickel supply pact – Bloomberg News
(Reuters) - Tesla Inc is in talks with BHP Group about a nickel supply deal as the electric-car maker targets higher production and seeks to avoid a supply crunch, Bloomberg News reported on Tuesday, ...
Oct 06, 2020
Resurgent coronavirus hobbles Madrid’s hospitality sector
By Raul Cadenas and Silvio Castellanos MADRID (Reuters) - Madrid's hospitality sector says it is struggling due to restrictions on opening hours and capacity aimed at reining in a sharp resurgence in ...
Oct 06, 2020
U.S. bond yields steepen on stimulus hopes, but can they stick?
By David Randall and Saqib Iqbal Ahmed NEW YORK (Reuters) - Rising expectations that a Biden victory and a Democratic sweep of Congress will result in broad fiscal stimulus seem to have roused U.S. bo...
Oct 06, 2020
Rich world could be close to normal by late 2021 if vaccine works, Bill Gates says
By Guy Faulconbridge and Kate Holton LONDON (Reuters) - Rich countries could be back to close to normal by late 2021 if a COVID-19 vaccine works, is ready soon and distributed properly at scale, Micro...
Oct 06, 2020
Apple announces ‘speed’ event next week, new iPhones expected
(Reuters) - Apple Inc said on Tuesday it would hold a special event on Oct. 13, which most analysts believe will be used to unveil new iPhones with 5G capabilities. Apple hinted at new, faster network...
Oct 06, 2020
French rebound will taper off in Q4 after COVID-19 resurgence, INSEE says
PARIS (Reuters) - France's post-lockdown economic rebound is likely to peter out in the fourth quarter as a resurgence of new coronavirus infections weighs on business activity, the statistics agency ...
Oct 06, 2020
Fed’s Harker: Recovery plateauing, return to old levels ‘will take some time’
(Reuters) - The U.S. economy will probably not regain pre-COVID-19 pandemic levels of employment until 2023, and recent signs that the recovery is plateauing suggests a return to baseline economic gro...
Oct 06, 2020
Options signal relief for pound as Brexit deal heaves into view
By Saikat Chatterjee and Elizabeth Howcroft LONDON (Reuters) - Currency traders are seeing increased demand for derivatives that enable holders to position for a stronger pound, as improved chances of...
Oct 06, 2020
