Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Sierra Leone court lifts Octea asset freeze after complaint thrown out
DAKAR (Reuters) - The High Court of Sierra Leone in Freetown has dismissed one of several legal complaints against Octea, a subsidiary of Israeli billionaire Beny Steinmetz's BSG Resources (BSGR), on ...
Oct 01, 2020
Secrecy and speed: Inside Ant Group’s unusual IPO process
By Kane Wu, Julie Zhu and Scott Murdoch HONG KONG (Reuters) - Ahead of what's likely to be the world's largest initial public offering, China's Ant Group Co Ltd is asking lead bankers to personally si...
Oct 01, 2020
Turkey’s Halkbank must face U.S. indictment over Iran sanctions violations, judge rules
By Jonathan Stempel NEW YORK (Reuters) - A U.S. judge on Thursday refused to dismiss an indictment accusing state-owned Turkish lender Halkbank of helping Iran evade American sanctions. U.S. District ...
Oct 01, 2020
Tokyo Stock Exchange to resume trading Friday after outage debacle
TOKYO (Reuters) - The Tokyo Stock Exchange said normal trading would resume on Friday morning as planned, a day after the worst-ever outage brought the world's third-largest equity market to a standst...
Oct 01, 2020
Exclusive: Golar Power offers top bid for Petrobras’s LNG terminal – sources
By Sabrina Valle RIO DE JANEIRO (Reuters) - Golar Power Ltd has submitted the top bid for a highly-sought-after liquefied natural gas import terminal being leased by Brazil's state-run energy firm Pet...
Oct 01, 2020
Layoffs loom if payroll aid is not extended, Southwest Airlines CEO warns
(Reuters) - Southwest Airlines Co could be forced to lay off thousands of employees due to the coronavirus crisis in the absence of an extension of federal payroll aid, its Chief Executive Officer Gar...
Oct 01, 2020
UK firms not seeing ‘V’-shaped recovery – British Chambers of Commerce
LONDON (Reuters) - Many more British companies reported a fall in sales over the past three months than experienced an upswing, despite the lifting of lockdown restrictions for most parts of the econo...
Oct 01, 2020
U.S. Treasury warns cyber insurers payments to hackers may violate sanctions
By Suzanne Barlyn (Reuters) - Cyber insurers and other financial institutions that facilitate payments to hackers to end cyberattacks risk running afoul of sanctions rules, the U.S. Treasury Departmen...
Oct 01, 2020
Amazon discloses virus count: 19,000, or 1.44%, of U.S. frontline workforce
By Jeffrey Dastin (Reuters) - Amazon.com Inc on Thursday said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year, or 1.44% of the total, a disclosure long sought by la...
Oct 01, 2020
Universal Health Services says its network is being restored after malware incident
By Raphael Satter (Reuters) - Universal Health Services Inc said on Thursday that its corporate network is being restored after a malware incident knocked it out for five days. In a statement, the hea...
Oct 01, 2020
