Author Archives: Syndicated Content
Ford’s new CEO Farley promises urgency at automaker, shakes up management
By Ben Klayman DETROIT (Reuters) - Ford Motor Co's new chief executive, Jim Farley, on Thursday promised the U.S. automaker would move with urgency, responding to investor and analyst criticism of the...
Oct 01, 2020
Red Bull Racing spent 237.3 million pounds in 2019
By Alan Baldwin LONDON (Reuters) - Red Bull Racing spent 237.3 million pounds ($304.84 million) in finishing third in Formula One last season and recognised 'adaptions' would be needed to meet a $145 ...
Oct 01, 2020
U.S. planned job cuts increase in September: report
WASHINGTON (Reuters) - U.S. employers announced another 118,804 job cuts in September, with bars, restaurants, hotels and amusement parks leading the pack amid sluggish demand several months after the...
Oct 01, 2020
Denmark gives Nord Stream 2 nod to operate pipeline
COPENHAGEN (Reuters) - Denmark has given the Russia-led Nord Stream 2 consortium permission to operate its Baltic Sea natural gas pipeline in Danish waters, the country's energy agency said on Thursda...
Oct 01, 2020
Business not responsible for COVID-19 infection rise: German minister
BERLIN (Reuters) - German Economy Minister Peter Altmaier said the government will do everything it can to prevent renewed closures of shops, businesses and factories amid the coronavirus pandemic. Ri...
Oct 01, 2020
Exxon expects higher oil price to boost third-quarter results
(Reuters) - Exxon Mobil Corp said on Thursday its third-quarter results would be buoyed by higher prices for crude oil after a historic collapse in the previous quarter as coronavirus-related lockdown...
Oct 01, 2020
Germany fines H&M 35 million euros for data protection breaches
STOCKHOLM (Reuters) - Sweden's H&M has been fined 35 million euros ($41 million) by the German authorities for internal data security breaches at its customer service centre in Nuremberg, the fashion ...
Oct 01, 2020
Continued euro strength could hurt growth, slow inflation: Commission
BRUSSELS (Reuters) - A long-lasting appreciation of the euro's nominal effective exchange rate could hurt the euro zone's economic recovery and make the task of boosting inflation more difficult for t...
Oct 01, 2020
Big U.S. banks to report profit plunge as pandemic recession takes hold
By David Henry NEW YORK (Reuters) - As big U.S. commercial banks close their books on the third quarter, analysts expect them to report a 30% to 60% plunge in profits on the year-ago period due to the...
Oct 01, 2020
Meatpackers in the Americas accelerate automation after outbreaks, lagging Europe
By Rod Nickel, Rajesh Kumar Singh and Ana Mano WINNIPEG/CHICAGO/SAO PAULO (Reuters) - As coronavirus outbreaks among workers closed several Canadian meat plants, Henry Mizrahi saw a different future f...
Oct 01, 2020
