Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Kering sells 5.9% stake in Puma for $772 million
PARIS (Reuters) - French luxury group Kering said on Tuesday it had completed the sale of a 5.9% stake in Puma for approximately 656 million euros ($772 million). The company, which had announced its ...
Oct 06, 2020
Japan eyes stress test on major banks to gauge impact of COVID-19 on capital
By Leika Kihara TOKYO (Reuters) - Japan plan to conduct stress tests on its five major financial institutions this year that look into how the coronavirus pandemic could affect their earnings and capi...
Oct 06, 2020
Toyota-Panasonic venture to build lithium-ion batteries for hybrids in Japan
TOKYO (Reuters) - A Toyota Motor Corp and Panasonic Corp joint battery venture will establish a production line in Western Japan to manufacture lithium-ion power units for hybrid vehicles beginning in...
Oct 06, 2020
Mid-recovery, coronavirus spreading, global central bankers take stock
By Howard Schneider WASHINGTON (Reuters) - The world's top central bankers have opened the taps with trillions of dollars in promised credit to prevent a global pandemic from causing a global economic...
Oct 06, 2020
U.S. House’s antitrust report hints at break-up of Big Tech firms: lawmaker
By Diane Bartz WASHINGTON (Reuters) - The U.S. House of Representatives antitrust report on Big Tech firms contains a "thinly veiled call to break up" the companies, Republican Congressman Ken Buck sa...
Oct 05, 2020
Australian budget focused on lowering unemployment, treasurer says
By Colin Packham SYDNEY (Reuters) - Creating jobs is the focus of Australia's annual budget set to be unveiled on Tuesday, Treasurer Josh Frydenberg said, as Canberra seeks to revive an economy ravage...
Oct 05, 2020
Retail demand for BTS’ label shares strong but falls short of expectations
By Cynthia Kim SEOUL (Reuters) - Big Hit Entertainment, the management label for K-pop sensation BTS, saw robust but not spectacular demand in the first of two days of share offerings for retail inves...
Oct 05, 2020
SAP pledges to spend more on social, diverse businesses
BERLIN (Reuters) - SAP will try to allocate 5% of its procurement spending to social enterprises and diverse businesses by 2025 to encourage greater social and environmental responsibility. The German...
Oct 05, 2020
Banks in Singapore team up to develop digital trade registry
SINGAPORE (Reuters) - DBS Group and Standard Chartered are leading a group of 12 other banks in Singapore to create a digital trade finance registry in a bid to mitigate the risk of trade fraud and bo...
Oct 05, 2020
Oil holds gains after Trump’s return to White House
By Sonali Paul MELBOURNE (Reuters) - Oil prices edged higher in early trade on Tuesday after U.S. President Donald Trump returned to the White House from hospital after being admitted for treatment fo...
Oct 05, 2020
