Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Delta to avoid involuntary job cuts except for pilots, CEO says
CHICAGO (Reuters) - Delta Air Lines will avoid involuntary furloughs for frontline employees except for pilots on Oct. 1, thanks to strong demand for voluntary programs and reduced work hours, Chief E...
Sep 15, 2020
Pompeo says confident will be effective competitors to Huawei from Western vendors
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo on Tuesday said he is confident there will be effective 5G competitors to Huawei from Western vendors at comparable costs, adding that he bel...
Sep 15, 2020
Exclusive: Petrobras resumes oil trading with Vitol, Trafigura and Glencore
By Julia Payne and Gram Slattery LONDON/RIO DE JANEIRO (Reuters) - Brazil's state-run oil firm Petrobras has lifted its ban on trading with major commodity traders Vitol, Trafigura and Glencore , in p...
Sep 15, 2020
U.S. manufacturing production increases in August
WASHINGTON (Reuters) - U.S. factory output increased solidly in August, though momentum is slowing as the COVID-19 pandemic drags on. The Federal Reserve said on Tuesday that manufacturing production ...
Sep 15, 2020
EY to ‘raise bar’ in spotting fraud after Wirecard accounts scandal
By Huw Jones LONDON (Reuters) - Global accounting firm EY said on Tuesday it regretted not spotting fraud at German payments company Wirecard sooner and that it would improve how it verifies informati...
Sep 15, 2020
EU to grant Britain temporary euro clearing access until June 2022: sources
LONDON (Reuters) - The European Union is expected to grant clearing houses in Britain access to the bloc's market for 18 months from January, industry sources said on Tuesday. Britain left the EU in J...
Sep 15, 2020
BMW to use software from Israel’s Tactile Mobility in vehicles
TEL AVIV (Reuters) - Israel's Tactile Mobility said on Tuesday its software will be embedded into the BMW Group's next-generation vehicles beginning in 2021. The collaboration will equip BMW vehicles ...
Sep 15, 2020
Short-seller Hindenburg says no clear answers in Nikola rebuttal
(Reuters) - Shares of Nikola Corp sank 7% on Tuesday after the short-selling research house, which has alleged the electric truck maker misled investors over its technology, said the company had faile...
Sep 15, 2020
Exclusive: Turkish companies seek fresh debt restructuring as virus hits: sources
By Ebru Tuncay and Birsen Altayli ISTANBUL (Reuters) - Debt-laden Turkish companies are seeking more time to repay bank loans after the coronavirus pandemic upended plans to sell assets, according to ...
Sep 15, 2020
U.S. import prices increase more than expected in August
WASHINGTON (Reuters) - U.S. import prices increased more than expected in August and gains in the prior month were revised sharply higher, supporting views that inflation pressures were building up. T...
Sep 15, 2020
