Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Euroclear says UK settlement system still hit by intermittent delays
LONDON (Reuters) - Euroclear said on Monday its CREST system for settling UK and Irish stock trades was still suffering from "intermittent delays". CREST went down on Friday and early on Monday before...
Sep 14, 2020
Nvidia jumps on $40 billion chip deal; analysts expect tough scrutiny
(Reuters) - Shares of Nvidia Corp rose 6% on Monday after it announced a $40 billion deal to buy UK-based chip designer Arm from Japan's SoftBank Group Corp that, if completed, would be the chip indus...
Sep 14, 2020
Facebook allows users to watch videos together online
(Reuters) - Facebook Inc said on Monday that its users will now be able to watch videos with their friends online using the social media company's Messenger app, enabling them to see reactions in real...
Sep 14, 2020
Nvidia acquisition of Arm throws company into tech spat between U.S. and China
SHANGHAI (Reuters) - Nvidia Corp's $40 billion acquisition of chip designer Arm is set to catapult it into the fray of geopolitical tensions between Beijing and Washington, analysts and lawyers say. A...
Sep 14, 2020
OPEC sees steeper oil demand drop as virus remains challenging
LONDON (Reuters) - World oil demand will fall more steeply in 2020 than previously forecast due to the coronavirus and recover more slowly than expected next year, OPEC said on Monday, potentially mak...
Sep 14, 2020
United Airlines to close Japan’s Narita hub, affecting 270 jobs: NHK
TOKYO (Reuters) - United Airlines will close its hub for flight attendants at Japan's Narita Airport by the end of this month, affecting 270 jobs, NHK reported, citing the airline and a labor union. A...
Sep 14, 2020
Carlyle’s Atotech revives U.S. IPO plans as demand surges for new listings
(Reuters) - Atotech Ltd revived plans for a U.S. initial public offering, it said on Monday, as the Carlyle Group Inc-owned specialty chemicals group looks to capitalize on robust investor appetite fo...
Sep 14, 2020
EU extends waiver until March of rule requiring airlines to use slots
By Marine Strauss BRUSSELS (Reuters) - The European Union announced on Monday it will extend until March 27 a waiver of the requirement that airlines use 80% of their take-off and landing slots, to he...
Sep 14, 2020
Navistar rejects Traton’s buyout offer, calls it starting point
(Reuters) - Navistar International Corp on Monday rejected Volkswagen truck unit Traton's buyout offer of $43 per share, but said it was a starting point for exploring a possible transaction. The Germ...
Sep 14, 2020
Merck to buy $1 billion equity stake in Seattle Genetics
(Reuters) - Merck & Co Inc said on Monday it would buy $1 billion worth of equity stake in Seattle Genetics's common stock. The companies also said they would co-develop and sell Seattle Genetics's ca...
Sep 14, 2020
