Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK firms, worried about pandemic and Brexit, hire temp workers
LONDON (Reuters) - British firms hired temporary staff in August at the fastest pace since the end of 2018 as they tried to recover from the COVID-19 lockdown but remained wary of the pandemic and the...
Sep 08, 2020
Asian markets set to come under pressure after another down day on Wall Street
By Jessica DiNapoli NEW YORK (Reuters) - Asian stocks were set to come under pressure on Wednesday after Wall Street sank for the third consecutive day led by declines in heavyweight technology compan...
Sep 08, 2020
Warren Buffett’s Duracell sues Energizer over battery life claims
By Jonathan Stempel NEW YORK (Reuters) - Duracell, the battery unit of Warren Buffett's Berkshire Hathaway Inc , sued the maker of Energizer batteries on Tuesday, accusing it falsely advertising that ...
Sep 08, 2020
South Korea August jobless rate logs fastest monthly drop since 1999
SEOUL (Reuters) - South Korea's unemployment rate dropped in August by the sharpest monthly decline since 1999 as more people stopped looking for work amid the coronavirus pandemic and floods. The sea...
Sep 08, 2020
Explainer: What we know about China’s ‘dual circulation’ economic strategy
By Kevin Yao BEIJING (Reuters) - China has unveiled a "dual circulation" strategy to cut its dependence on overseas markets and technology in its long-term development, a shift brought on by a deepeni...
Sep 08, 2020
Northrop Grumman wins $13.3 billion missile replacement contract
(Reuters) - Defense contractor Northrop Grumman Corp said on Tuesday it was awarded a $13.3 billion contract by the U.S. Air Force to modernize the country's intercontinental ballistic missile system....
Sep 08, 2020
Ex-Trump adviser Cohn raises more than planned in blank-check IPO
By Joshua Franklin BOSTON (Reuters) - Gary Cohn, the former economic adviser to U.S. President Donald Trump, raised $720 million on Tuesday in an initial public offering (IPO) for a new blank-check ac...
Sep 08, 2020
Under Armour to lay off 600 employees globally
(Reuters) - Sportswear maker Under Armour Inc said on Tuesday it will lay off about 600 employees from its global workforce, citing the impact brought on by the coronavirus pandemic to its business. T...
Sep 08, 2020
German carmakers, gov’t to look at boosting suppliers’ equity capital
BERLIN (Reuters) - German Chancellor Angela Merkel's government and representatives of its powerful auto industry agreed on Tuesday to look in to possible ways of strengthening the equity capital of c...
Sep 08, 2020
Unilever CEO expects shareholder support for UK HQ move
(Reuters) - Unilever expects shareholders to support its plan to unify its headquarters in London and scrap its Dutch base and believes a potential law enacting an "exit tax" in the Netherlands would ...
Sep 08, 2020
