Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
European stocks extend recovery ahead of PMIs; Adidas jumps
(Reuters) - European stocks extended a rebound on Wednesday from a steep selloff earlier this week, with investors awaiting the latest business activity data to see if the economic recovery is stallin...
Sep 23, 2020
French business activity slows unexpectedly as COVID-19 cases spike -PMI
PARIS (Reuters) - French business activity slowed to a four-month low in September, with services weaker than expected as France struggles to contain a surge in new COVID-19 cases, a monthly survey sh...
Sep 23, 2020
Gambling firm 888 Holdings names lobbyist Jonathan Mendelsohn as chair
(Reuters) - Online gambling firm 888 Holdings on Wednesday named British lobbyist Jonathan Mendelsohn as its chairman designate, replacing former chief executive and current chair Brian Mattingley. Me...
Sep 23, 2020
German police investigate illegal workers in meatpacking industry
BERLIN (Reuters) - German police searched more than 40 homes and businesses in five German states early on Wednesday as part of an investigation into foreign workers being illegally brought to the cou...
Sep 23, 2020
Volkswagen’s Traton partners with TuSimple for self-driving trucks
(Reuters) - Volkswagen's Traton commercial truck unit and self-driving technology startup TuSimple will partner to develop self-driving trucks, the companies said on Wednesday. Traton has also taken a...
Sep 23, 2020
BBVA improves group’s cost of risk guidance for 2020
MADRID (Reuters) - Spain's BBVA on Wednesday improved the guidance of insuring its loan book for 2020 to between 150 and 160 basis points due to a better than expected performance of loan deferrals in...
Sep 23, 2020
UK not minded to extend furlough scheme, minister says
LONDON (Reuters) - Britain's finance minister is not minded to extend a furlough scheme that is currently scheduled to stop at the end of October, his colleague Dominic Raab, foreign minister, said on...
Sep 23, 2020
Baillie Gifford registers Shanghai unit for onshore China funds
By Andrew Galbraith SHANGHAI (Reuters) - Scottish asset manager Baillie Gifford said Wednesday it had registered its new wholly-owned China unit to manage non-retail funds, becoming the latest foreign...
Sep 23, 2020
German consumer morale brightens less than expected
BERLIN (Reuters) - German consumer morale improved less than expected heading into October, a survey showed on Wednesday, putting a damper on hopes that household spending in Europe's largest economy ...
Sep 23, 2020
A little help from our friends: banks team up as FX trading gets tougher
By Tommy Wilkes LONDON (Reuters) - Faced with the costs of competing in a world of electronic and algorithmic trading, many banks are outsourcing parts of their foreign exchange businesses, a trend th...
Sep 23, 2020
