Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Restructuring firm AlixPartners boosts Mideast headcount amid corporate slump
By Davide Barbuscia DUBAI (Reuters) - Turnaround and restructuring firm AlixPartners is boosting its headcount in the Middle East as corporates seek to cut costs and restructure debt amid the double s...
Sep 27, 2020
China’s industrial profits grow 19.1% year-on-year in August
SHANGHAI (Reuters) - Profits at China's industrial firms grew 19.1% year-on-year in August to 612.81 billion yuan, the statistics bureau said on Sunday, as the vast manufacturing sector extended its r...
Sep 26, 2020
Nikola Corp’s founder purchased truck designs from third party – FT
(Reuters) - Nikola Corporation's founder Trevor Milton purchased the original design for the company's flagship truck from a Croatia-based designer, the Financial Times reported https://on.ft.com/3mWv...
Sep 26, 2020
Exclusive: U.S. shale producers Devon, WPX Energy in merger talks
By David French NEW YORK (Reuters) - U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a combined company worth around $6 ...
Sep 26, 2020
BoE’s Tenreyro says evidence on negative rates encouraging
LONDON (Reuters) - The Bank of England has been discussing how effective negative interest rates might be in the economic downturn and "the evidence has been encouraging", policymaker Silvana Tenreyro...
Sep 26, 2020
Iran and Iraq commit to boosting border cooperation and trade
DUBAI (Reuters) - Iran and Iraq on Saturday pledged to improve border cooperation and boost trade between the two neighbours that has been hit hard by the coronavirus pandemic. "We remain committed to...
Sep 26, 2020
Commerzbank appoints Manfred Knof as new CEO
FRANKFURT (Reuters) - German lender Commerzbank on Saturday said it had appointed Manfred Konf as its new chief executive, effective Jan. 1. "The supervisory board of Commerzbank has appointed Dr. Man...
Sep 26, 2020
Ivory Coast president says new West African currency launch may take five years
BOUAFLE, Ivory Coast (Reuters) - A planned new West African currency to replace the France-backed CFA franc this year has been derailed by the coronavirus pandemic and its launch could now be up to fi...
Sep 26, 2020
Angry but determined: Portuguese workers protest for better wages amid pandemic
By Catarina Demony and Miguel Pereira LISBON (Reuters) - Thousands of workers gathered in cities and towns across Portugal on Saturday demanding higher wages and more government action to protect jobs...
Sep 26, 2020
France still trying to end Veolia, Suez dispute, says source
PARIS (Reuters) - The French state is still trying to end disagreements between utilities Veolia and Suez days ahead of a deadline, a source close to Finance Minister Bruno Le Maire said on Saturday. ...
Sep 26, 2020
