Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Analysis: Sales of first big COVID-19 drug, remdesivir, may disappoint
By Deena Beasley (Reuters) - Investors betting on big profits from COVID-19 treatments may get an unwelcome surprise when Gilead Sciences Inc reports quarterly results this month. Its remdesivir, the ...
Oct 16, 2020
Analysis: For Canada, keeping triple-A rating may not be the focus it once was
By Fergal Smith TORONTO (Reuters) - Preserving Canada's triple-A credit rating could be less of a priority for Ottawa than in years gone by, with the focus on digging the economy out of a hole rather ...
Oct 16, 2020
Bank of England calls for mandatory company disclosures on climate risks
LONDON (Reuters) - A common set of rules on company disclosures is needed to help markets price in risks from climate change, a senior Bank of England official said on Friday. It is the latest call fr...
Oct 16, 2020
Spain hopes to raise 6.8 billion euros in new taxes, including ‘Google tax’
By Beln Carreo MADRID (Reuters) - Spain's government is proposing new taxes on digital services, financial transactions and plastic packaging in 2021 and a higher levy on sugary beverages in the hope ...
Oct 16, 2020
A millennials love affair: China’s second-hand luxury goods market booms
BEIJING (Reuters) - China's love for luxury is spilling over into the once shunned second-hand goods sector, with online stores surfing a wave of pent-up demand from shoppers, led by millennials, who ...
Oct 16, 2020
British Airways slapped with UK data watchdog’s biggest-ever fine
(Reuters) - Britain's data protection watchdog said on Friday it has fined IAG's British Airways 20 million pounds ($25.85 million) - its biggest such penalty to date - for failing to protect personal...
Oct 16, 2020
Big Four auditors’ fees boosted by continued UK blue-chip dominance
By Huw Jones LONDON (Reuters) - The world's Big Four accounting firms increased earnings from their dominance of UK blue-chip audits last year, the sector's regulator said on Friday, indicating that e...
Oct 16, 2020
ECB’s Visco says important for policies to remain accommodating
MILAN (Reuters) - It is important not to withdraw too early the policies put in place by governments and central banks to counter the impact of the COVID-19 pandemic, European Central Bank Governing C...
Oct 16, 2020
Japan needs another extra budget to help ailing economy: Reuters poll
By Kaori Kaneko TOKYO (Reuters) - Japan's government needs to compile a third extra budget for the current fiscal year ending March to shore up an economy hammered by the COVID-19 pandemic, economists...
Oct 16, 2020
Former Takata plant shipped 9 million seat belts in Japan with inaccurate data: Nikkei
TOKYO (Reuters) - A former unit of bankrupt airbag maker Takata Corp shipped 9 million seat belts to car companies in Japan with inaccurate test data that could result in around 2 million safety recal...
Oct 16, 2020
