Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
TRESemmé hair ad angers South Africans still hurting from racist past
By Nqobile Dludla JOHANNESBURG (Reuters) - Sitting in a hair salon as a stylist braids her natural hair, Sana Sebone recalls a time in 2013 when she worked on a construction site and was told her drea...
Sep 14, 2020
UK faces biggest wave of redundancies in a generation, think-tank says
LONDON (Reuters) - Britain is on course to suffer the biggest increase in redundancies in a generation in the second half of 2020, based on lay-off notifications by employers hit by the coronavirus sh...
Sep 14, 2020
COVID-19 market turmoil raises questions about central bank liquidity strategy, says BIS
By Huw Jones LONDON (Reuters) - Market turmoil due to coronavirus lockdowns in March raises questions about whether central banks should offer access to liquidity more widely in future shocks, the Ban...
Sep 14, 2020
Wall Street fundraisers turn into wallflowers during 2020 U.S. election
By Svea Herbst-Bayliss BOSTON (Reuters) - Early this year, a prominent billionaire tried several times to organize a fundraiser for presidential candidate Pete Buttigieg, a moderate who gained favor a...
Sep 14, 2020
Dish signs up Nokia to supply 5G core software
STOCKHOLM/HELSINKI (Reuters) - U.S. satellite TV provider Dish Network, racing to build a 5G network in the United States by 2023, has turned to Finland's Nokia to supply 5G core software. Dish is bui...
Sep 14, 2020
Companies should be given ‘green ratings’, BIS study recommends
By Marc Jones LONDON (Reuters) - Companies should be assigned credit score-style "green ratings" to push them to cut CO2 emissions, the central bank to the world's central banks, the Bank for Internat...
Sep 14, 2020
Retirements, layoffs, labor force flight may leave scars on U.S economy
By Howard Schneider and Jonnelle Marte (Reuters) - Judith Ramirez received a letter this month that she'd been dreading: The Honolulu hotel that furloughed her from a housekeeping job in March, during...
Sep 14, 2020
Global banks left on the sidelines in Brazil’s IPO boom
By Carolina Mandl SAO PAULO (Reuters) - The days of marquee global investment banks being shoo-ins for stock market listings could be coming to an end, in Brazil at least. The Brazilian market for ini...
Sep 14, 2020
