Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Volkswagen’s Traton partners with TuSimple for self-driving trucks
(Reuters) - Volkswagen's Traton commercial truck unit and self-driving technology startup TuSimple will partner to develop self-driving trucks, the companies said on Wednesday. Traton has also taken a...
Sep 23, 2020
BBVA improves group’s cost of risk guidance for 2020
MADRID (Reuters) - Spain's BBVA on Wednesday improved the guidance of insuring its loan book for 2020 to between 150 and 160 basis points due to a better than expected performance of loan deferrals in...
Sep 23, 2020
UK not minded to extend furlough scheme, minister says
LONDON (Reuters) - Britain's finance minister is not minded to extend a furlough scheme that is currently scheduled to stop at the end of October, his colleague Dominic Raab, foreign minister, said on...
Sep 23, 2020
Baillie Gifford registers Shanghai unit for onshore China funds
By Andrew Galbraith SHANGHAI (Reuters) - Scottish asset manager Baillie Gifford said Wednesday it had registered its new wholly-owned China unit to manage non-retail funds, becoming the latest foreign...
Sep 23, 2020
German consumer morale brightens less than expected
BERLIN (Reuters) - German consumer morale improved less than expected heading into October, a survey showed on Wednesday, putting a damper on hopes that household spending in Europe's largest economy ...
Sep 23, 2020
A little help from our friends: banks team up as FX trading gets tougher
By Tommy Wilkes LONDON (Reuters) - Faced with the costs of competing in a world of electronic and algorithmic trading, many banks are outsourcing parts of their foreign exchange businesses, a trend th...
Sep 23, 2020
Amazon launches climate-friendly program to help shop for sustainable products
(Reuters) - Amazon.com Inc , the world's biggest online retailer, announced the launch of a climate-friendly program on Wednesday to help customers shop for sustainable products, as part of its commit...
Sep 23, 2020
Old green power plants seek to regenerate as Germany turns off subsidies
By Christoph Steitz, Vera Eckert and Tom Kckenhoff FRANKFURT/DUESSELDORF (Reuters) - Wilfried Haas owns a 3 kilowatt solar system which has been running as a micro power station since 1992, helping Ge...
Sep 23, 2020
Positive about flying? Airlines look to COVID tests that give results in minutes
By John Miller and Emilio Parodi ZURICH/MILAN (Reuters) - European airlines are pinning hopes on pre-flight COVID-19 tests that deliver results as fast as pregnancy tests to help restore passengers' c...
Sep 23, 2020
BOJ Kuroda stresses readiness to ease further, warns of high uncertainty
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Wednesday the central bank was ready to ramp up stimulus, as the coronavirus pandemic keeps the economic outlook highly uncertain. "The...
Sep 23, 2020
