Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: India plans $4.6 billion in incentives for battery makers in electric vehicle push – document
By Neha Arora and Aftab Ahmed NEW DELHI (Reuters) - India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of ...
Sep 25, 2020
Veolia plans to raise price for stake in Suez: CEO
PARIS (Reuters) - French utility Veolia will increase its offer to buy the bulk of Engie's stake in smaller rival Suez and has the financial capacity to do so, CEO Antoine Frerot said on Friday. Frero...
Sep 25, 2020
EU’s Vestager appeals court ruling against $15 billion Apple tax order
BRUSSELS (Reuters) - EU antitrust chief Margrethe Vestager on Friday appealed a court ruling rejecting her order to iPhone maker Apple to pay 13 billion euros ($15 billion) in Irish back taxes, a land...
Sep 25, 2020
Vodafone wins international arbitration against India in $2 billion tax dispute case: sources
By Aditi Shah NEW DELHI (Reuters) - Vodafone Group Plc has won an international arbitration case against the Indian government in a $2 billion retrospective tax dispute, according to two sources with ...
Sep 25, 2020
ECB’s de Cos sees long road ahead to digital euro
FRANKFURT (Reuters) - The launch of a digital euro to complement cash is not imminent and the European Central Bank needs consult broadly and experiment rigorously before making any decision, ECB poli...
Sep 25, 2020
Japan’s ANA mulls 200 billion yen share offer to raise capital: Nikkei
TOKYO (Reuters) - Japan's biggest airline ANA Holdings is considering issuing 200 billion yen ($1.9 billion)in shares to raise capital to bolster its finances as a downturn in air travel drags on, the...
Sep 25, 2020
Harley close to deal with India’s Hero after stopping local manufacturing: sources
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) - Harley-Davidson Inc is in advanced talks with India's Hero MotoCorp for a distribution deal which will allow the U.S. firm's iconic motorcycles to ...
Sep 25, 2020
Market volatility prompts investors to seek out long-short equity
By Maiya Keidan and Megan Davies LONDON, NEW YORK (Reuters) - Stretched valuations and the resulting pullback in equities have prompted more interest in long/short fund strategies that can provide som...
Sep 25, 2020
Investors pull $25.8 billion from U.S. equity funds: BofA
LONDON (Reuters) - Investors pulled a massive $25.8 billion out of U.S. equity funds in the week to Wednesday, the third biggest outflow ever from the asset class, BofA's weekly fund flow report showe...
Sep 25, 2020
Hitachi ABB Power Grids will hit 2025 target thanks to green revolution: CEO
By John Revill ZURICH (Reuters) - The power grids business Hitachi bought from ABB for $11 billion is likely to hit the upper end of its 2025 targets despite the effects of a coronavirus downturn over...
Sep 25, 2020
