Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Canada court to hear witness testimony in Huawei CFO’s U.S. extradition case
By Moira Warburton (Reuters) - A Canada court will hear witness testimony starting Monday as part of Huawei Chief Financial Officer Meng Wanzhou's legal battle to stop her extradition to the United St...
Oct 26, 2020
Measures for Italian businesses hit by new COVID restrictions to be published on Tuesday
ROME (Reuters) - A package of measures aimed at supporting businesses in Italy which will suffer from restrictions imposed to rein in a second wave of COVID-19 will be published on Tuesday, officials ...
Oct 26, 2020
UK consumer confidence falls after five months of gains: YouGov/Cebr
LONDON (Reuters) - A measure of consumer confidence among people in Britain fell for the first time in six months in October as worries mounted about new COVID-19 restrictions , polling firm YouGov an...
Oct 26, 2020
Geely’s new EV plant will build premium Polestar cars: sources
By Yilei Sun and Brenda Goh BEIJING/SHANGHAI (Reuters) - An electric vehicle (EV) factory planned by Chinese automaking group Geely will produce cars under the premium Polestar marque, two people with...
Oct 25, 2020
Apple supplier Luxshare unnerves Foxconn as U.S.-China feud speeds supply chain shift
By Yimou Lee and Josh Horwitz TAIPEI/SHANGHAI (Reuters) - Apple's top iPhone assembler, Taiwan-based Foxconn, has set up a task force to fend off the growing clout of Chinese electronics manufacturer ...
Oct 25, 2020
Cenovus Energy to buy Husky Energy in an all-stock deal valued at $23.6 billion
(Reuters) - Cenovus Energy Inc will buy Husky Energy Inc in an all-stock transaction valued at $23.6 billion, the companies said in a statement on Sunday. Husky shareholders will receive 0.7845 of a C...
Oct 25, 2020
A good chance we can get a deal with EU, says UK minister Lewis
LONDON (Reuters) - Britain and the European Union have a good chance of striking a deal on future relations, the British government's Northern Ireland minister Brandon Lewis said on Sunday. The United...
Oct 25, 2020
SABIC third-quarter net profit up 47% as sales volumes rise, some impairments reversed
DUBAI (Reuters) - Saudi Basic Industries Corp (SABIC) , the world's 4th-biggest petrochemicals firm, reported a 47% rise in third-quarter profit, beating estimates on higher sales and output, but warn...
Oct 25, 2020
Brazil soars to China’s No. 3 crude oil supplier in September
BEIJING/SINGAPORE (Reuters) - Brazil jumped to China's third-biggest crude oil supplier in September, import data showed on Sunday, as China's independent refiners scooped up cheap supplies of the Sou...
Oct 25, 2020
Japan’s ANA to cut 3,500 jobs in 3 years as it anticipates prolonged virus woes: Yomiuri
TOKYO (Reuters) - ANA Holdings Inc plans to cut about 3,500 jobs in three years as Japan's largest airline operator braces for its biggest-ever annual loss due to a plunge in demand driven by the coro...
Oct 24, 2020
