Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Saudia airline faces claim over 50 leased Airbus planes: documents
By Aziz El Yaakoubi DUBAI (Reuters) - State-owned Saudi Arabian Airlines is facing a claim in London's High Court filed last month by a Dubai-based financial services firm over an alleged breach of le...
Oct 27, 2020
U.S. consumer confidence dips in October
WASHINGTON (Reuters) - U.S. consumer confidence fell in October, in line with expectations that economic activity would slow in the fourth quarter as the boost from fiscal stimulus fades. The Conferen...
Oct 27, 2020
Uneven recovery prospects for Africa’s major economies: Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) - Recovery among Africa's major economies will be mixed and mostly tepid, favouring the more diversified rather than those heavily reliant on commodity exports, ...
Oct 27, 2020
AMC to reopen eight theaters in California
(Reuters) - AMC Entertainment Holdings Inc said on Tuesday it plans to reopen eight theaters in California, one of its key markets, providing some much needed hope to an industry that has been hammere...
Oct 27, 2020
Shopify to partner with TikTok in bid to woo more merchants to site
By Melissa Fares NEW YORK (Reuters) - Canadian e-commerce company Shopify said on Tuesday it will partner with TikTok to help its one million-plus merchants more easily advertise their products on the...
Oct 27, 2020
ECB’s Enria backs network of bad banks to mop up bad loans
FRANKFURT (Reuters) - European Union countries could create a network of national bad banks to mop up an expected wave of unpaid loans as a result of the coronavirus pandemic, the European Central Ban...
Oct 27, 2020
Waymo, Daimler to partner in developing self-driving semi trucks
By Paul Lienert and Joseph White DETROIT (Reuters) - Daimler AG's commercial truck unit and Alphabet Inc's Waymo on Tuesday said they will collaborate on development of self-driving Class 8 semi truck...
Oct 27, 2020
Sovereign default risks to rise further in 2021: Goldman Sachs
LONDON (Reuters) - Sovereign default risks are on course to rise further in 2021, with Iraq, Sri Lanka, Angola and Gabon at high probability of default, say Goldman Sachs analysts. Five sovereign debt...
Oct 27, 2020
Exclusive: In fight with Amazon, India’s Future Retail sees liquidation if Reliance deal fails
By Aditya Kalra NEW DELHI (Reuters) - India's Future Retail Ltd (FRL) will go into liquidation if its deal to sell assets to Reliance Industries fails, the group told a Singapore arbitrator while argu...
Oct 26, 2020
UBS promotes SPAC head to co-lead U.S. equity capital markets business: memo
By Joshua Franklin (Reuters) - UBS Group AG has elevated the head of its special purpose acquisition company (SPAC) practice, Jeff Mortara, to co-lead its equity capital markets (ECM) business for the...
Oct 26, 2020
