Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bayer close to glyphosate settlement: sources
FRANKFURT (Reuters) - Germany's Bayer is close to agreeing a settlement over claims its glyphosate-based Roundup weedkiller causes cancer this week, two people familiar with the matter told Reuters. S...
Jun 23, 2020
United Airlines expects to raise $3 billion in debt offering
(Reuters) - United Airlines said on Tuesday it plans to raise $3 billion in debt by issuing senior notes, as U.S. airlines beef up liquidity in the wake of the COVID-19 pandemic. The senior secured no...
Jun 23, 2020
U.S. business sector contraction eases in June
WASHINGTON (Reuters) - U.S. business activity contracted for a fifth straight month in June, but the pace of decline eased, supporting views that the recession caused by the COVID-19 crisis was drawin...
Jun 23, 2020
Explainer: Why COVID-19 can run rife in meatpacking plants
(Reuters) - Meat-processing plants around the world are proving coronavirus infection hotspots, with an outbreak at a factory in Germany leading to Guetersloh becoming on Tuesday the first area in the...
Jun 23, 2020
Exclusive: Shell plans major restructuring around climate drive, CEO tells employees
By Ron Bousso and Shariq Khan LONDON (Reuters) - Royal Dutch Shell will announce a major restructuring by the end of the year as the energy company prepares to accelerate its shift towards low-carbon,...
Jun 23, 2020
Central banks hint at pandemic stimulus exit. Markets aren’t buying it
By Sujata Rao (Reuters) - As strict coronavirus lockdowns end, some central bankers have started hinting at another kind of exit -- from emergency stimulus they launched just three months ago. Markets...
Jun 23, 2020
Canadian regulator keeps big banks’ capital buffer at 1%, open to easing further
By Nichola Saminather TORONTO (Reuters) - Canada's banking regulator kept the amount of capital the country's six biggest lenders must hold at a record-low 1% of risk-weighted assets on Tuesday, and s...
Jun 23, 2020
Gilead to buy 49.9% stake in cancer drug developer Pionyr for $275 million
(Reuters) - Gilead Sciences Inc said on Tuesday it would buy a 49.9% stake in privately held cancer immunotherapies developer Pionyr Immunotherapeutics Inc for $275 million. The drugmaker said it has ...
Jun 23, 2020
Fiat Chrysler close to green light for $7.1 billion state-backed loan, bank executive says
MILAN (Reuters) - Fiat Chrysler (FCA) is very close to obtaining the necessary authorisations to receive a 6.3 billion euros ($7.1 billion) state-backed loan from Intesa Sanpaolo , an executive at the...
Jun 23, 2020
Britain sets out how it will regulate the City after Brexit
By Huw Jones LONDON (Reuters) - Britain will "tailor" capital rules for insurers inherited from the European Union as it takes back control of its crucial financial services sector, finance minister R...
Jun 23, 2020
