Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Iran rial slides to new low as coronavirus, sanctions weigh
DUBAI (Reuters) - The Iranian rial fell to a new low against the U.S. dollar on the unofficial market on Saturday, as the economy comes under pressure from the coronavirus pandemic and U.S. sanctions....
Jul 04, 2020
Bajaj Auto unions demand factory halt after 250 workers catch coronavirus
By Devjyot Ghoshal and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) - Workers at Bajaj Auto, India's biggest exporter of motorbikes, are demanding the temporary closure of one of its plants after 250 em...
Jul 04, 2020
Siemens sees up to 20% drop in business in April-June quarter, CFO tells Boersenzeitung
FRANKFURT (Reuters) - German engineering company Siemens saw the volume of business contract by as much as 20% in the three months to June and activity in 2021 would stay below 2019 levels, the chief ...
Jul 04, 2020
Marshall Wace targets $1 billion for new ESG focused fund: source
By Kanishka Singh (Reuters) - Marshall Wace is planning to raise $1 billion for a new fund which will invest based on environmental and other ethical criteria, a source familiar with the matter told R...
Jul 04, 2020
Shell CEO does not rule out moving headquarters to Britain
AMSTERDAM (Reuters) - Royal Dutch Shell is not ruling out moving its headquarters from the Netherlands to Britain, the oil company's chief executive Ben van Beurden said in a Dutch newspaper interview...
Jul 04, 2020
Wirecard ex-COO Marsalek’s entry into Philippines was faked, minister says
MANILA (Reuters) - Immigration records showing Wirecard's former chief operating officer Jan Marsalek arrived in the Philippines on June 23 and departed for China the next day were falsified, Philippi...
Jul 04, 2020
China names and shames misbehaving shareholders of banks, insurers
SHANGHAI/BEIJING (Reuters) - Chinese regulators adopted shock and awe tactics on Saturday to target misbehaving shareholders of banks and insurers by naming and shaming 38 corporate investors for havi...
Jul 04, 2020
Sharp says sticking to plans to list Dynabook PC unit in FY2021
TOKYO (Reuters) - Japan's Sharp Corp said on Saturday it is sticking to an original plan to list its laptop making unit in the business year from next April, denying a media report that it may take th...
Jul 03, 2020
Over 80 workers at Trevali Mining’s Santander mine test positive for COVID-19
(Reuters) - Copper miner Trevali Mining said on Friday that a total of 82 workers have tested positive for COVID-19, the respiratory disease caused by the novel coronavirus, at its Santander mine in P...
Jul 03, 2020
Lucky Brand files for bankruptcy as latest retail casualty of coronavirus
By Kanishka Singh (Reuters) - Apparel company Lucky Brand Dungarees is filing for Chapter 11 bankruptcy, it said on Friday, becoming the latest retailer to fall victim to the coronavirus pandemic. The...
Jul 03, 2020
