Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Magyar Telekom considers subletting headquarters as COVID-19 keeps workers away
By Gergely Szakacs BUDAPEST (Reuters) - Locked into a 15-year lease agreement, Magyar Telekom is considering subletting some of its new headquarters, one of several options under review as the coronav...
Oct 14, 2020
Analysts lift Asian companies’ forward 12-month earnings higher than their global peers
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) - Analysts are upgrading Asian companies' forward 12-month earnings estimates at a higher pace than for the U.S- and European firms, Refinitiv da...
Oct 14, 2020
UK should do more to help COVID jobless, tax rises can wait: OECD
By William Schomberg LONDON (Reuters) - Britain should do more to help the unemployed find work, and fixing the huge hole in its public finances can wait until a recovery from the COVID-19 pandemic is...
Oct 14, 2020
From iPhones to e-axles: how one tech firm is pushing into electric vehicles
By Norihiko Shirouzu (Reuters) - The miniature motors that make iPhones buzz on silent helped power Japan's Nidec to become a 1.5-trillion-yen ($14 billion) company. In recent years, Nidec's founder S...
Oct 14, 2020
China’s third quarter GDP growth expected to improve: PBOC official
BEIJING (Reuters) - China's third-quarter GDP growth is expected to improve from the previous quarter, Ruan Jianhong, an official with the People's Bank of China (PBOC), told a press conference on Wed...
Oct 14, 2020
EU-UK trade deal difficult but still possible, source says
BRUSSELS (Reuters) - An EU-UK trade deal is difficult but still possible to achieve if the two sides negotiate intensively in the coming weeks, said a person close to the talks. U.K. negotiator David ...
Oct 14, 2020
Battered UK travel industry calls for testing, more support
LONDON (Reuters) - Britain's travel industry called on the government for an airport testing regime and more tailored support as it published figures showing how the pandemic has sapped demand for the...
Oct 14, 2020
SoftBank restarts buybacks as asset sales swell cash pile
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp resumed its share buybacks in September, after an enforced pause in August due to asset sales, saying on Wednesday it spent 40 billion yen ($380 mil...
Oct 14, 2020
After two lost decades, U.S.’s weakest local economies may face worse from pandemic
By Howard Schneider (Reuters) - A decade-long economic expansion did little to narrow the gaps between the United States' prosperous and ailing areas, with thousands of "distressed" zip codes shedding...
Oct 14, 2020
Italy’s Atlantia rallies after entering exclusive talks with CDP
MILAN (Reuters) - Shares in Atlantia rose more than 10% on Wednesday after it entered exclusive talks with Italian state lender CDP over the sale of its motorway assets in a sign that a solution to a ...
Oct 14, 2020
