Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bank of England asks banks about readiness for negative rates
LONDON (Reuters) - The Bank of England asked banks on Monday for information about their readiness for zero or negative interest rates, following up on its announcement last month that it was consider...
Oct 12, 2020
General Motors reports first quarterly China sales growth in two years
By Yilei Sun and Brenda Goh BEIJING (Reuters) - General Motors Co's (GM) vehicle sales in China grew 12% over July-September versus the same period a year earlier, the Detroit automaker's first Chines...
Oct 12, 2020
As globe gallops into vaccine trials, insurers remain unfazed
By Noor Zainab Hussain, Carolyn Cohn and Ludwig Burger LONDON/FRANKFURT (Reuters) - The world is racing towards a vaccine in record time, stirring public concerns about safety to the extent that nine ...
Oct 12, 2020
Bank of Korea seen holding rates this week and for the rest of 2020
By Joori Roh and Jihoon Lee SEOUL (Reuters) - South Korea's central bank is expected to keep its interest rates on hold on Wednesday as its concerns over rising household debt and property prices woul...
Oct 12, 2020
Standard Chartered seeks brokerage licence in mainland China: Xinhua
SHANGHAI/HONG KONG (Reuters) - The Hong Kong unit of Standard Chartered [STANB.UL] has applied for a brokerage licence in mainland China, the state-backed Xinhua News Agency reported on Monday. The Ch...
Oct 12, 2020
Hyundai to expand Kona EV recall to North America, Europe over battery fire risk: Yonhap
SEOUL (Reuters) - Hyundai Motor Co is set to triple the number of recalled Kona electric cars over battery cell fire risks with plans to recall around 51,000 vehicles in North America, Europe, China a...
Oct 12, 2020
Mallinckrodt files for bankruptcy amid U.S. opioid litigation
(Reuters) - Mallinckrodt Plc filed for bankruptcy protection on Monday in the face of lawsuits alleging it fueled the U.S. opioid epidemic and after the drugmaker lost a court battle to avoid paying h...
Oct 12, 2020
Exclusive: Mitsui & Co to sell all stakes in coal-fired power plants by 2030 – CEO
By Yuka Obayashi and Noriyuki Hirata TOKYO (Reuters) - Japanese trading house Mitsui & Co Ltd plans to sell its remaining stakes in coal-fired power stations by the end of the decade as it shifts to g...
Oct 11, 2020
EU leaders to insist on tough enforcement powers in Brexit deal – FT
(Reuters) - French President Emmanuel Macron and other European Union leaders will this week insist on tough enforcement rules for any trade deal with the United Kingdom, warning that British Prime Mi...
Oct 11, 2020
China’s Xi to deliver speech in Shenzhen marking its 40th anniversary
SHENZHEN, China (Reuters) - Chinese President Xi Jinping will deliver a speech in Shenzhen on Wednesday to mark the anniversary of the establishment of China's first special economic zone in the south...
Oct 11, 2020
