Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
3M sues five vendors for attempting to sell nonexistent N95 respirators
(Reuters) - Industrial conglomerate 3M Co said on Friday it sued five vendors for allegedly attempting to target government officials with fraudulent offers to sell billions of nonexistent N95 respira...
May 01, 2020
Special Report: How a corporate PR machine is trying to kill a Wall Street tax
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) - As Democratic presidential hopefuls descended on New Hampshire prior to the state's Feb. 11 primary, John Tackeff was busy. The 27-year-old ...
May 01, 2020
European freight players turn to railways to speed up supplies from China
LONDON/COPENHAGEN (Reuters) - Transporters including Denmark's Maersk are increasingly moving critical medical equipment to Europe from China by rail as air and sea cargoes struggle with lockdowns due...
May 01, 2020
Baker Hughes to sell rod lift business to private equity group
(Reuters) - Oilfield services provider Baker Hughes Co on Friday agreed to sell its Lufkin rod lift unit to private equity fund manager KPS Capital Partners for an undisclosed amount. Oilfield service...
May 01, 2020
Scandal-hit Luckin Coffee’s technology head resigns, WSJ reports
(Reuters) - Luckin Coffee Inc's Chief Technology Officer He Gang has resigned, the Wall Street Journal reported on Friday, citing people familiar with the matter. He left Luckin on Thursday after abou...
May 01, 2020
COVID-19 general insurance losses seen higher than 9/11 claims: broker
(Reuters) - Insurance broker Willis Towers Watson on Friday estimated general insurance losses between $32 billion and $80 billion across key classes in the United States and UK from the novel coronav...
May 01, 2020
Fund flows point to market rally curve flattening: BOFA
LONDON (Reuters) - Investment fund flows point to a recent sharp rebound in world stocks and other asset classes flattening in the coming weeks, analysts at investment bank BofA said in a weekly resea...
May 01, 2020
Ryanair in advanced talks over possible new Boeing order
DUBLIN (Reuters) - Ryanair is in advanced talks about a potential new plane order with Boeing, but possible price cuts or cancellations of its existing 737 MAX order are also part of the discussions, ...
May 01, 2020
Metals tycoon Gupta to close loss-making Commonwealth Trade Bank
LONDON (Reuters) - British commodities tycoon Sanjeev Gupta's family business has decided to close its loss-making Commonwealth Trade Bank Ltd after failing to revive the business, it said on Friday. ...
May 01, 2020
UK factories suffer worst month in three decades: IHS Markit
By David Milliken LONDON (Reuters) - British manufacturers suffered the biggest fall in output and orders for at least three decades in April, as measures to slow the spread of the new coronavirus sen...
May 01, 2020
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