Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. trade deficit jumps to largest in 14 years in August
(Reuters) - The U.S. trade deficit surged in August to the largest in 14 years with imports climbing again, suggesting that trade could be a drag on economic growth in the third quarter. The Commerce ...
Oct 06, 2020
Lyft gives loyalty members free Grubhub restaurant delivery
By Tina Bellon and Hilary Russ NEW YORK (Reuters) - Ride-sharing service Lyft Inc will give its most loyal members free restaurant delivery from Grubhub Inc beginning Tuesday, a partnership that could...
Oct 06, 2020
UK’s Johnson promises lower deposits to boost home ownership
LONDON (Reuters) - British Prime Minister Boris Johnson pledged on Tuesday to make it easier for first-time homebuyers to take out a mortgage, in an effort to overturn "disgraceful" low rates of home ...
Oct 06, 2020
UK to EU: We need to know by October 15 if trade deal is possible
LONDON (Reuters) - Britain needs to know by Oct. 15 if there is going to be a deal with the European Union because businesses need to prepare, Prime Minister Boris Johnson's spokesman said on Tuesday....
Oct 06, 2020
UK watchdog bans Bitcoin-based products for retail investors
LONDON (Reuters) - Britain's financial watchdog said on Tuesday it will ban the sale to retail investors of products that track the price of cryptoassets like Bitcoin, saying most people lose money on...
Oct 06, 2020
Exclusive: EU exploring using bond auctions for pandemic-linked debt sales
By Yoruk Bahceli AMSTERDAM (Reuters) - The European Commission is exploring using auctions to sell bonds as it prepares to ramp up debt issuance to finance the European Union's post-pandemic recovery ...
Oct 06, 2020
Daimler to cut fixed costs by more than 20% by 2025
FRANKFURT (Reuters) - Daimler on Tuesday said it will cut fixed costs, capex and research and development expenditure by more than 20% by 2025 compared with 2019 levels as part of a strategy overhaul ...
Oct 06, 2020
Insurers expect few clashes between EU and UK over capital rules
LONDON (Reuters) - Separate reviews in the European Union and Britain of capital requirements for insurers are likely to produce a similar set of rules for cross-border firms, insurers said on Tuesday...
Oct 06, 2020
Macy’s invests in online ‘buy now, pay later’ firm Klarna
By Supantha Mukherjee STOCKHOLM (Reuters) - Macy's , the largest U.S. department store operator, has signed a deal to invest in Swedish payments group Klarna, joining investors including rapper Snoop ...
Oct 06, 2020
NextEra’s Duke Energy bid faces plethora of regulatory hurdles
By David French NEW YORK (Reuters) - NextEra Energy Inc Chief Executive James Robo joked last week he does not pursue small acquisitions because the reward is not worth the "brain damage" of getting t...
Oct 06, 2020
