Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Huawei to receive planning permission to build 400-million-pound facility in UK: The Times
(Reuters) - Chinese telecoms equipment maker Huawei Technologies Co Ltd is expected to receive planning permission this week to build a 400-million-pound ($494.24-million) research and development cen...
Jun 20, 2020
Canadian banks end extra pandemic pay as infections ease
By Rod Nickel WINNIPEG, Manitoba (Reuters) - Most of Canada's biggest banks are ending their extra payments to employees who continued working in public during COVID-19 pandemic lockdowns, as the coun...
Jun 20, 2020
PG&E says bankruptcy court approves its Chapter 11 reorganization plan
(Reuters) - PG&E Corp said its Chapter 11 reorganization plan has been confirmed by the United States Bankruptcy Court for the Northern District of California, bringing the power provider one step clo...
Jun 20, 2020
Wirecard seeks new financing strategy after Moody’s junk downgrade
By Edward Taylor and Neil Jerome Morales FRANKFURT/MANILA (Reuters) - German payments firm Wirecard said it had hired U.S. investment bank Houlihan Lokey to devise a new financing strategy after Moody...
Jun 20, 2020
Taiwan May export orders up, flags better outlook though wary of pandemic
TAIPEI (Reuters) - Taiwan's export orders edged up for a third consecutive month in May, thanks to sustained demand for telecommuting products like laptops during the coronavirus pandemic that has for...
Jun 20, 2020
New Development Bank provides South Africa with $1 billion COVID-19 loan
CAPE TOWN (Reuters) - The New Development Bank established by the BRICS group of emerging nations has approved a $1 billion COVID-19 emergency loan to South Africa to help reduce the socio-economic im...
Jun 20, 2020
Elon Musk tweets Tesla postpones annual shareholder meeting
(Reuters) - Elon Musk tweeted https://bit.ly/2AVPdDo late on Friday that Tesla Inc will have to postpone its annual shareholder meeting as no large gatherings are allowed by July 7. "Not sure of new d...
Jun 19, 2020
Toshiba to gradually sell stake in Kioxia after ex-chip unit’s IPO: sources
TOKYO (Reuters) - Toshiba Corp plans to gradually unwind its 40% stake in Kioxia Holdings after the world's second-largest flash memory chip firm lists its shares in an IPO later this year, two source...
Jun 19, 2020
Several U.S. states see coronavirus infection spikes, Wall Street unnerved
By Steve Gorman and Nathan Layne (Reuters) - Troubling spikes in coronavirus infection rates were reported on Friday in several U.S. states, mainly in the South and West, a day before President Donald...
Jun 19, 2020
Elon Musk sells Bel-Air house to Chinese billionaire for $29 million: WSJ
(Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold one of his homes in the Bel-Air area of Los Angeles for $29 million, the Wall Street Journal reported on Friday, citing public records....
Jun 19, 2020
