Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bag Santa and the elves? A holiday hiring slump takes shape
By Howard Schneider WASHINGTON (Reuters) - When the pandemic blew a hole in the U.S. labor market last spring, the hope was for a quick return to normal. It's clear that hasn't happened, and with the ...
Oct 12, 2020
Caterpillar bets on self-driving machines impervious to pandemics
By Rajesh Kumar Singh CHICAGO (Reuters) - Question: How can a company like Caterpillar try to counter a slump in sales of bulldozers and trucks during a pandemic that has made every human a potential ...
Oct 12, 2020
Lloyd’s of London reviews insurance contracts due to COVID-19
LONDON (Reuters) - Lloyd's of London [SOLYD.UL] is reviewing the way insurance products are designed and sold as it calls for simpler products in response to the coronavirus pandemic, the commercial i...
Oct 12, 2020
UK shopper numbers fall for third straight week: Springboard
LONDON (Reuters) - Shopper numbers across British retail destinations fell marginally in the week to Oct. 10, the second complete week of the government imposed 10 pm closure of hospitality outlets, m...
Oct 12, 2020
China Eastern Airlines to receive $4.6 billion capital injection
BEIJING (Reuters) - China Eastern Airlines will receive a cash injection of 31 billion yuan ($4.60 billion) from four new investors as part of an equity diversification plan, the company said on Monda...
Oct 12, 2020
Japan must revise BOJ law to speed digital yen, enshrine inflation goal: senior official
By Leika Kihara and Takahiko Wada TOKYO (Reuters) - Japan must swiftly revise laws to allow the central bank to issue a digital currency, a move that could provide a chance to reform the Bank of Japan...
Oct 12, 2020
Analysis: Investment strategy based on reducing risk faces its own challenge
By Megan Davies and Maiya Keidan NEW YORK/LONDON (Reuters) - A fund trading strategy that tracks hundreds of billions of dollars in assets and often gets blamed for exacerbating market selloffs is fac...
Oct 12, 2020
New Apple ‘iPhone 12’ to offer 5G speeds U.S. networks can’t deliver
By Supantha Mukherjee and Kenneth Li (Reuters) - 5G will finally get its U.S. closeup with the expected debut of Apple Inc's next iPhone on Tuesday. But the blazing speeds promised will not materializ...
Oct 12, 2020
OECD sees bipartisan U.S. support for global tax reform
PARIS (Reuters) - The Organisation for Economic Cooperation and Development sees support from both parties in Washington for a reform of international tax rules, its head said on Monday. Nearly 140 co...
Oct 12, 2020
U.S. economists Milgrom, Wilson win 2020 Nobel economics prize for work on auction theory
STOCKHOLM (Reuters) - U.S. economists Paul Milgrom and Robert Wilson won the 2020 Nobel Economics Prize for improvements to auction theory and inventions of new auction formats, the Royal Swedish Acad...
Oct 12, 2020
