Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: How COVID-19 stimulus money will end up in U.S. tobacco farmers’ pockets
By P.J. Huffstutter and Tom Polansek CHICAGO (Reuters) - U.S. government aid payments to tobacco farmers will be channeled through a new account within the office of the agriculture secretary, an unus...
Sep 23, 2020
BNP Paribas Swiss business joins commodity trade finance exodus
PARIS (Reuters) - The Swiss arm of France's BNP Paribas said it is closing its commodity trade finance business, the latest bank to withdraw after the coronavirus crisis led to defaults and exposed a ...
Sep 23, 2020
TSMC warns China-U.S. deleveraging will drive up costs
TAIPEI (Reuters) - The deleveraging of China-U.S. supply chains and protectionism on both sides of the Pacific will only drive up costs and limit the flow of ideas, the chairman of Taiwan Semiconducto...
Sep 23, 2020
UK’s post-lockdown recovery loses steam as household demand weakens
By David Milliken LONDON (Reuters) - Britain's recovery from the coronavirus lockdown lost some momentum this month, a business survey showed, as consumer-facing sectors suffered from the end of a gov...
Sep 23, 2020
Nearly 36,000 Japan firms shut down business due to COVID-19 – think tank
TOKYO (Reuters) - Nearly 36,000 Japanese companies have chosen to discontinue their business so far this year, mainly due to the hit from the coronavirus crisis and up sharply from a year ago in a sig...
Sep 23, 2020
Top shipping insurance group will not cover ships linked to Nord Stream 2
MOSCOW (Reuters) - The world's largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. s...
Sep 23, 2020
Genmab shares drop on legal battle with J&J over cancer drug
COPENHAGEN (Reuters) - Shares in Danish biotech firm Genmab fell as much as 14% on Wednesday after it said it was locked in a legal battle with its partner Johnson & Johnson over royalty payments for ...
Sep 23, 2020
ING: Transaction named in ‘FinCEN’ leaks was administrative mistake
AMSTERDAM (Reuters) - ING Group NV on Wednesday hit back at reports citing the "FinCEN Files," that said a Polish ING subsidiary had altered the name of a Russian sender on sanctions blacklists on a l...
Sep 23, 2020
Neste and Shell to increase supply of sustainable aviation fuel
(Reuters) - Finnish biofuel producer and oil refiner Neste said on Wednesday it had signed an agreement with Shell Aviation to significantly increase the supply and availability of sustainable aviatio...
Sep 23, 2020
Germany plans stricter measures to reach renewables targets
BERLIN (Reuters) - Germany is planning stricter controls to ensure it reaches targets in its expansion of renewable energy sources, according to the most recent draft to be discussed by the government...
Sep 23, 2020
