Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Hurricane Sally shifts from offshore U.S. oil fields, heavy rains to damp fuel demand
By Erwin Seba HOUSTON (Reuters) - Hurricane Sally crawled offshore along the U.S. Gulf Coast on Wednesday, moving away from oil fields while soaking the region with heavy rains that could damp fuel de...
Sep 16, 2020
Global net zero emissions goal would require $1-2 trillion a year investment: study
By Nina Chestney LONDON (Reuters) - Achieving net zero emissions by mid-century would cost an estimated $1 trillion-$2 trillion a year of additional investments, or 1-1.5% of global gross domestic pro...
Sep 16, 2020
Alibaba Group opens China factory in new manufacturing initiative
SHANGHAI (Reuters) - Alibaba Group Holding Ltd announced a new business initiative for smart manufacturing on Wednesday called Xunxi Digital Technology Company, as part of which it is opening a pilot ...
Sep 16, 2020
Julius Baer may pay millions in FIFA matter, proposes dividend
ZURICH (Reuters) - Julius Baer is in advanced talks with the U.S. Department of Justice over alleged money laundering and corruption involving soccer body FIFA that could lead to a double-digit millio...
Sep 16, 2020
Fed expected to raise economic forecasts, extend vow to keep rates low
By Ann Saphir and Howard Schneider (Reuters) - The Federal Reserve is expected to wrap up its latest policy meeting on Wednesday with somewhat rosier economic forecasts but a renewed pledge to keep in...
Sep 16, 2020
Exclusive: Alibaba, China Mobile weigh $443 million investment in blacklisted Dahua – sources
By Julie Zhu HONG KONG (Reuters) - Alibaba Group Holding Ltd and China Mobile Communications Group Co Ltd [CHNMC.UL] are considering investing 3 billion yuan ($443 million) in Zhejiang Dahua Technolog...
Sep 16, 2020
Air New Zealand plans to cut up to 385 more cabin crew jobs
SYDNEY (Reuters) - Air New Zealand Ltd said on Wednesday it aims to cut up to 385 more cabin crew jobs due to the lack of long-haul international flying, which would take its COVID-19 related job loss...
Sep 15, 2020
Kodak CEO’s options grants did not violate internal policies, says law firm
(Reuters) - Securities transactions made by Eastman Kodak Co Chief Executive Officer Jim Continenza around the time the photography equipment maker learned it could receive a $765 million government l...
Sep 15, 2020
China approves six fixed-asset investment projects worth 88.2 billion yuan in August
BEIJING (Reuters) - China's state planner said on Wednesday it approved 6 fixed-asset investment projects worth a combined 88.2 billion yuan ($13.03 billion) in August. Meng Wei, spokeswoman for the N...
Sep 15, 2020
Exclusive: Winson Oil wins favourable ICC decisions in claims against banks – documents
By Anshuman Daga SINGAPORE (Reuters) - A Singapore oil trader has won favourable decisions from the Paris-based International Chamber of Commerce (ICC) against two banks in trade-finance disputes rela...
Sep 15, 2020
