Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Tesla cuts starting price for China-made Model 3 cars by 8%
BEIJING (Reuters) - U.S. electric car maker Tesla cut the starting price of its Chinese-made Model 3 sedans on Thursday by about 8% to 249,900 yuan ($36,805), once Chinese subsidies for electric vehic...
Oct 01, 2020
Rolls-Royce taps shareholders for 2 billion pounds, adds debt to survive crisis
LONDON (Reuters) - Britain's Rolls-Royce said it planned to raise 2 billion pounds ($2.6 billion) from shareholders, 1 billion pounds from the bond market and secure further loans to rebuild its balan...
Oct 01, 2020
Flight staff of Dutch airline KLM agree on wage cuts, trade union says
AMSTERDAM (Reuters) - KLM, the Dutch arm of Air France-KLM SA , has reached an agreement with its flight staff, excluding pilots, over cost cuts needed in return for state aid, trade union FNV said on...
Oct 01, 2020
EBRD predicts deeper 2020 contraction, weaker 2021 bounce for its region
By Karin Strohecker LONDON (Reuters) - The European Bank for Reconstruction and Development (EBRD) forecast a deeper economic contraction and softer recovery in 2021 for its region on Thursday, saying...
Oct 01, 2020
Trump signs stopgap bill to avoid government shutdown
(Reuters) - U.S. President Donald Trump signed a stopgap funding bill on Thursday that would keep the federal government open through December 11, the White House said in a statement. The legislation ...
Oct 01, 2020
BP sacks crude oil staff amid probe into China dealings
SINGAPORE (Reuters) - BP has terminated four trading and operations staff responsible for Chinese crude oil sales as a result of an internal investigation into trades with Singapore's Hontop Energy, t...
Oct 01, 2020
Coronavirus is directly hitting earnings of German industrial firms: Ifo
BERLIN (Reuters) - The earnings situation in Germany's mighty industrial sector is only improving slowly and the coronavirus crisis is still directly hitting the earnings of industrial firms, Germany'...
Oct 01, 2020
SoftBank-backed used-car startup Kavak becomes first Mexican unicorn
By Daina Beth Solomon MEXICO CITY (Reuters) - SoftBank-backed used-car platform Kavak has become Mexico's first tech "unicorn" after reaching a $1.15 billion valuation in its latest funding round last...
Oct 01, 2020
Digital marketing startup Sendinblue Raises $160 million
(Reuters) - Sendinblue, a digital marketing platform aimed at helping smaller businesses sell more online, said on Thursday it raised $160 million in its latest funding round. Investors included priva...
Oct 01, 2020
Australian job vacancies surge in the three months to August
SYDNEY (Reuters) - Australian job vacancies surged in the three months to August, official data showed on Thursday, as the easing of coronavirus restrictions across much of the country spurred demand ...
Oct 01, 2020
