Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed’s Kaplan says low rates may be needed for two-and-a-half to three years
(Reuters) - Dallas Federal Reserve President Robert Kaplan said on Monday that the U.S. central bank should keep interest rates at their current near-zero levels until the economy is well on track to ...
Sep 21, 2020
Australia to invest $13 billion in energy technology to cut emissions
By Sonali Paul MELBOURNE (Reuters) - Australia plans to invest A$18 billion ($13 billion) over the next 10 years in technologies to cut carbon emissions in the fight against climate change, the countr...
Sep 21, 2020
Hyundai Motor, South Korean union agrees to freeze wages for the first time in 11 years
SEOUL (Reuters) - Hyundai Motor and its South Korean union reached a tentative deal to freeze wages for the first time in 11 years this year, an internal message distributed to union members showed on...
Sep 21, 2020
GE plans to stop making new coal-fired power plants
(Reuters) - General Electric Co said on Monday it plans to stop making new coal-fired power plants, as the U.S. industrial conglomerate focuses more on renewable sources of power generation. The compa...
Sep 21, 2020
U.S. to challenge judge’s order that blocked U.S. WeChat app store ban
WASHINGTON (Reuters) - The U.S. Commerce Department said Monday it will challenge an order issued Sunday by a U.S. judge that blocked the department's order requiring Apple and Google to remove WeChat...
Sep 21, 2020
Canada’s TC Energy says insider Poirier to take over as CEO
(Reuters) - Canadian pipeline operator TC Energy Corp said on Monday Chief Operating Officer Franois Poirier will take over as its president and chief executive officer after current boss Russ Girling...
Sep 21, 2020
Goldman Sachs names new co-chairs of global M&A: memo
LONDON (Reuters) - Goldman Sachs has promoted investment bankers Michael Carr, Dusty Philip and Gilberto Pozzi to co-chairs of its global mergers and acquisitions franchise, a memo seen by Reuters sho...
Sep 21, 2020
Investors may shun Indonesian debt over central bank worries
By Shashwat Awasthi BENGALURU (Reuters) - Foreign investors are unlikely to rush back into Indonesian markets until either it pays more for its debt or gives hard evidence it will not push the central...
Sep 21, 2020
China’s cabinet unveils steps to spur new forms of consumption
BEIJING (Reuters) - China's cabinet on Monday issued guidelines to boost new types of consumption, including online shopping and payments, in a bid to support the recovery of the economy. New forms of...
Sep 21, 2020
Stock futures slide on renewed fears of lockdown, big banks slip
By Devik Jain (Reuters) - U.S. stock index futures fell on Monday as surging COVID-19 cases raised fears of more lockdowns, while media reports saying several global banks moved sums of allegedly illi...
Sep 21, 2020
