Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Britain signals end to daily redemptions for property funds
By Huw Jones LONDON (Reuters) - Funds that offer daily redemptions to investors may have to restructure to better reflect the time it takes to sell illiquid assets like property, Britain's Financial C...
Jul 08, 2020
Air Canada assesses Spartan Bioscience’s COVID-19 testing technology
(Reuters) - Air Canada said on Wednesday it was working with Spartan Bioscience Inc to assess the deployment of Ottawa-based biotechnology company's portable COVID-19 testing technology in the aviatio...
Jul 08, 2020
5-Star party chief says Benetton family must no longer manage Italian motorways
ROME (Reuters) - The leader of Italy's co-ruling 5-Star Movement, Vito Crimi, said on Wednesday the Benetton family which owns infrastructure group Atlantia must no longer manage the country's motorwa...
Jul 08, 2020
Italy’s Di Maio says time has come to withdraw Atlantia’s motorway concession
ROME (Reuters) - The Italian government must withdraw the concession of infrastructure group Atlantia to run the country's motorways, Foreign Minister Luigi Di Maio said on Wednesday. Rome has been th...
Jul 08, 2020
J&J’s Cilag to sell up to 11.8 million Idorsia shares
ZURICH (Reuters) - Johnson & Johnson's Cilag Holding will offer up to approximately 11.8 million existing ordinary shares in Idorsia Ltd in an accelerated bookbuilding to commence on Wednesday, the tr...
Jul 08, 2020
Italy’s Conte backs Spain’s Calvino for Eurogroup job
MADRID (Reuters) - Italian Prime Minister Giuseppe Conte on Wednesday backed Spanish Economy Minister Nadia Calvino's bid to lead the Eurogroup, a day before euro zone finance ministers meet to select...
Jul 08, 2020
United Airlines sending furlough warnings to 36,000 workers
CHICAGO (Reuters) - United Airlines said on Wednesday it was preparing to send notices of potential furloughs to 36,000 U.S.-based frontline employees, or about 45% of staff, as demand hit by the coro...
Jul 08, 2020
Saudi Arabia completes first phase of state mills privatisation
DUBAI/LONDON (Reuters) - Saudi Arabia said on Wednesday it had completed the first batch of its flour milling sector privatisation, according to a statement by the state grain buyer and privatisation ...
Jul 08, 2020
Walmart makes new push into healthcare with insurance business
(Reuters) - Walmart Inc is making its latest move into the healthcare space with its own insurance business, the company said on its website. The world's largest retailer has created an insurance agen...
Jul 08, 2020
Gold storms past $1,800 towards new record high
By Peter Hobson LONDON (Reuters) - Gold pushed above $1,800 an ounce on Wednesday for the first time since 2011, with analysts expecting further gains as investors stock up on an asset they expect to ...
Jul 08, 2020
