Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Nissan to issue $8 billion in dollar-denominated debt
TOKYO (Reuters) - Japan's Nissan Motor Co will issue $8 billion in dollar-denominated debt and is considering euro-denominated bonds, it said on Friday, as the troubled automaker looks to diversify it...
Sep 11, 2020
Philippines’ Duterte signs $3.4 billion pandemic stimulus package into law
MANILA (Reuters) - Philippines President Rodrigo Duterte signed into law a 165.5 billion pesos ($3.4 billion) emergency relief measure on Friday to expand healthcare and help businesses after the coro...
Sep 11, 2020
Analysis: Life without LVMH? How Tiffany might fare without the luxury giant
By Melissa Fares, Silvia Aloisi and Sarah White NEW YORK/MILAN/PARIS (Reuters) - LVMH, the world's biggest luxury group, has called off its $16-billion engagement to Tiffany. Wall Street however seems...
Sep 11, 2020
Altice shares soar on founder Drahi’s buyout offer
PARIS (Reuters) - Altice Europe's billionaire founder Patrick Drahi has offered to buy all the shares he does not already own in the telecoms and cable group, in a deal valuing the group at 4.9 billio...
Sep 11, 2020
Danske Bank admits it knew of erroneous debt collection for years
COPENHAGEN (Reuters) - Danske Bank admitted on Friday it had known for years that it was collecting outdated or excessive debt from customers and had not properly addressed the problem. Denmark's fina...
Sep 11, 2020
Investors in LVMH’s Tiffany bonds left second-guessing on redemption payout
By Abhinav Ramnarayan LONDON (Reuters) - The holders of 9 billion euros (8.36 billion pounds) worth of bonds issued by LVMH to fund its now imperilled acquisition of Tiffany & Co have been left second...
Sep 11, 2020
Used cars drive U.S. consumer prices higher in August
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices rose solidly in August, with the cost of used cars and trucks increasing by the most in more than 51 years likely as Americans shunned pub...
Sep 11, 2020
Exclusive: Tesla in talks to buy low carbon nickel from Canada – sources
By Pratima Desai LONDON (Reuters) - Tesla is in discussions with Canadian miner Giga Metals about helping to develop a large mine that would give the electric carmaker access to low carbon nickel for ...
Sep 11, 2020
Take Five: Brexit blues are back
1/BREXIT BOMBSHELL If it's autumn with a year-end deadline and a sterling sell-off, it must be Brexit. Britain's internal market bill, a bombshell which the government readily admits contravenes inter...
Sep 11, 2020
Nikola mulls legal action against short-seller Hindenburg
(Reuters) - Nikola Corp said on Friday it could take legal action against short-seller Hindenburg Research, which accused the electric truck maker of being a "fraud" in a scathing report on Thursday. ...
Sep 11, 2020
