Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
German finance minister sees no need to boost government holding in banks
BERLIN (Reuters) - Germany's banks are relatively stable and the government sees no need to boost the state's holdings in them, Finance Minister Olaf Scholz told a Bloomberg webcast on Tuesday. Berlin...
Sep 08, 2020
Snapple maker Keurig Dr Pepper to switch to Nasdaq
(Reuters) - Keurig Dr Pepper Inc said on Tuesday it would transfer its stock market listing to the Nasdaq later this month, to get access to a more diverse set of investors. The company will join tech...
Sep 08, 2020
Russia’s 2020 economic contraction seen at less than 4%: finance minister
MOSCOW (Reuters) - Russia's economy is seen contracting by less than 4% in 2020, Finance Minister Anton Siluanov said on Tuesday, an improvement on the 4.7% figure forecast in a Reuters poll late last...
Sep 08, 2020
Top Nokia investor has high expectations after past underperformance
HELSINKI (Reuters) - Nokia's largest investor said on Tuesday it had high expectations of new management after the Finnish telecoms equipment maker had failed to live up to its potential under previou...
Sep 08, 2020
Exclusive: Klarna talks to investors on raising funds at over $10 billion valuation: sources
By Supantha Mukherjee, Anirban Sen and Anna Irrera STOCKHOLM/BENGALURU/LONDON (Reuters) - Swedish payments firm Klarna is in talks with investors for a new round of funding which would value it at mor...
Sep 08, 2020
Tesla shares fall as it fails to make it into S&P 500 index
(Reuters) - Tesla Inc tumbled 15% early on Tuesday after its surprise exclusion from the S&P 500 index added to the broader sell-off in technology stocks which have dominated Wall Street's recovery fr...
Sep 08, 2020
Ryanair launches 850 million euro bond sale, first in three years
DUBLIN (Reuters) - Ryanair on Tuesday launched its first new bond sale in three years, offering investors 850 million euros ($1 billion) worth of five-year bonds, according to a lead manager memo seen...
Sep 08, 2020
White House’s Meadows says he is optimistic for COVID-19 funds before election
WASHINGTON (Reuters) - White House chief of staff Mark Meadows on Tuesday said he was hopeful there would be another round of federal COVID-19 stimulus funding ahead of the Nov. 3 presidential electio...
Sep 08, 2020
Pulled in many directions, Biden may keep Trump’s China tariffs in place
By David Lawder and Trevor Hunnicutt WASHINGTON/WILMINGTON, Del. (Reuters) - "Damaging," "reckless" and "disastrous" are some of the words Joe Biden has used to describe tariffs imposed by Donald Trum...
Sep 08, 2020
General Motors acquires 11% stake in electric truck maker Nikola
(Reuters) - General Motors Co said on Tuesday it was acquiring an 11% stake, worth $2 billion, in U.S. electric truck maker Nikola Corp . General Motors will also get a right to nominate one director ...
Sep 08, 2020
