Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Charlesbank invests $70 million in Elbit Systems subsidiary Cyberbit
TEL AVIV (Reuters) - Israeli defence firm Elbit Systems said on Tuesday the Charlesbank Technology Opportunities Fund invested $70 million in Elbit's commercial cybersecurity subsidiary Cyberbit. Elbi...
May 19, 2020
Compass launches 2-billion-pound equity raise as lockdowns hit caterers
(Reuters) - The world's largest caterer Compass Group launched a 2 billion pound ($2.44 billion) share offer on Tuesday, seeking to shore up its liquidity as the coronavirus crisis closes food service...
May 19, 2020
French Connection says could run out of cash within months
(Reuters) - British retailer French Connection warned on Tuesday it could run short on cash to operate its business in the coming months without additional access to capital, saying it was in talks wi...
May 19, 2020
British energy supplier SSE’s retail division faces 2,600 job cuts
(Reuters) - The owner of British energy supplier SSE Plc's retail division is planning to cut 2,600 jobs in the business, it said on Tuesday, citing a heavy impact from the coronavirus crisis. Ovo Ene...
May 19, 2020
UK jobless claims jump to highest since 1996 as COVID crisis hits
LONDON (Reuters) - A measure of the number of people claiming unemployment benefits in Britain soared to its highest level since 1996 in April, the first full month of the government's coronavirus loc...
May 19, 2020
European new car sales down 78.3% in April: ACEA
BERLIN (Reuters) - European passenger car sales slumped in April as the first full month with restrictions imposed to contain the coronavirus pandemic across the continent dragged sales to a record dr...
May 19, 2020
Coffee company JDE Peet’s seeks to raise 700 million euros in IPO
AMSTERDAM (Reuters) - JDE Peet's Coffee, the owner of Jacobs, Douwe Egberts, Peet's Coffee and other brands, said on Tuesday it would seek to raise 700 million euros ($764 million) in an initial publi...
May 19, 2020
Regulator asks for Credit Suisse directors’ mobile data in spy inquiry: sources
By John O'Donnell, Oliver Hirt and Koh Gui Qing FRANKFURT/ZURICH (Reuters) - Swiss regulators have requested electronic messaging data from the mobile phones of several Credit Suisse managers and supe...
May 19, 2020
Sony to turn financial arm into wholly owned unit for $3.7 billion: Nikkei
TOKYO (Reuters) - Sony Corp will turn its financial arm, Sony Financial Holdings Inc , into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion), the Nikkei business ...
May 18, 2020
Tesla’s China car registrations plunge 64% month-on-month in April
BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc's China car registrations slumped 64% in April, month on month, data from auto consultancy LMC Automotive showed. Tesla's China registrations,...
May 18, 2020
