Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
South Korea government, Samsung team up for self-sufficiency after Japan export curbs on chip material
By Joyce Lee and Hyunjoo Jin DAEJEON, South Korea (Reuters) - When the South Korea government unveiled an expanded semiconductor material testing facility last month, the centrepiece was a towering wh...
Sep 13, 2020
Asian shares on firm footing as vaccine trials resume
SYDNEY (Reuters) - Asian shares started higher on Monday as hopes of a coronavirus vaccine were rekindled after AstraZeneca resumed its phase-3 trial while sentiment was still cautious ahead of a big ...
Sep 13, 2020
ByteDance picks Oracle as winning bidder for TikTok’s U.S. operations – source
(Reuters) - China's ByteDance has picked a consortium led by Oracle Corp for a deal for the U.S. operations of short-video app TikTok, beating out rival bidder Microsoft Corp , a person familiar with ...
Sep 13, 2020
Microsoft says Bytedance won’t sell TikTok’s U.S. operations to it
(Reuters) - Microsoft said on Sunday it was informed by Bytedance that it would not be selling TikTok's U.S. operations to Microsoft. "We are confident our proposal would have been good for TikTok's u...
Sep 13, 2020
SoftBank to sell chip designer Arm to Nvidia in $40 billion deal
TOKYO (Reuters) - Softbank Group Corp on Monday said it has agreed to sell chip designer Arm to Nvidia Corp for as much as $40 billion. (Reporting by Sam Nussey; Editing by Jacqueline Wong)
Sep 13, 2020
Fossil fuel demand to take historic knock amid COVID-19 scars – BP
By Ron Bousso LONDON (Reuters) - Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lastin...
Sep 13, 2020
British business calls for green recovery, policies to meet net zero
By Susanna Twidale LONDON (Reuters) - Britain's leading business group has called on the government to implement green measures to help the economy recover from the coronavirus pandemic, and bring for...
Sep 13, 2020
Japan manufacturers remain gloomy for 14th month – Reuters Tankan
By Daniel Leussink TOKYO (Reuters) - Japan's manufacturers remained pessimistic for the 14th straight month in September, and though the gloom eased somewhat the broad results of the Reuters Tankan su...
Sep 13, 2020
Europe, Britain’s carmakers warn of 110 billion euro hard Brexit bill
By Kate Abnett BRUSSELS (Reuters) - Europe and Britain's car industries called on Monday on the two sides to urgently clinch a free trade agreement, warning that a disorderly Brexit would cost the sec...
Sep 13, 2020
Gilead to buy Immunomedics in $21 billion deal
(Reuters) - Gilead Sciences Inc will acquire biopharmaceutical company Immunomedics Inc for $21 billion in a deal that would further expand Gilead's portfolio of cancer treatments, the companies said ...
Sep 13, 2020
