Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Taiwan’s Q1 GDP grows fastest in more than a decade
TAIPEI (Reuters) - Taiwan's economy grew at its fastest pace in more than a decade in the first three months of 2021 as the "work from home" boom sparked strong global demand for the island's hi-tech ...
Apr 30, 2021
China’s Ant-backed MYBank plans to expand reach in rural areas
BEIJING (Reuters) - MYBank, the online bank backed by China's Ant Group [688688.SS], said on Monday it aimed to serve 2,000 rural Chinese counties by 2025, more than doubling the current number of rur...
Apr 30, 2021
Earnings support European stocks ahead of GDP data
(Reuters) - European stocks inched higher on Friday, as strong corporate earnings lifted investor spirits ahead of the release of euro zone economic growth data for the first quarter. The pan-European...
Apr 30, 2021
Samsung C&T says late Samsung Electronics chairman’s stake split among family
SEOUL (Reuters) - The stake held by the late Samsung Electronics Chairman Lee Kun-hee in Samsung C&T was divided among his son Jay Y. Lee, his two daughters and his wife, Samsung C&T said in a regulat...
Apr 30, 2021
Analysis: Europe’s Green Revolution? Italy’s spending plans raise doubts
By Gavin Jones and Stephen Jewkes ROME (Reuters) - The European Union is billing its 750-billion-euro pandemic Recovery Fund as the opportunity of the century to transform the region's economy and hel...
Apr 30, 2021
Alibaba freezes executive pay rise amid China’s big tech crackdown – sources
BEIJING (Reuters) - Chinese e-commerce giant Alibaba Group Holding has frozen pay raises for senior executives in 2021, and is instead giving junior staff bigger pay rises, sources said, in an effort ...
Apr 30, 2021
EU’s Vestager to hold news conference, Apple in focus
BRUSSELS (Reuters) - EU antitrust chief Margrethe Vestager will hold a news conference at 11:00 GMT, the European Commission said on Friday, when she is expected to charge iPhone maker Apple for anti-...
Apr 30, 2021
Singapore’s hot housing market faces risk of cooling curbs
By Aradhana Aravindan and Chen Lin SINGAPORE (Reuters) - Ishwinder Kaur and her husband spent more than two years looking to buy their first home in Singapore, hoping property prices would dip during ...
Apr 30, 2021
AstraZeneca expects higher H2 sales as Q1 sales, earnings beat forecasts
(Reuters) - AstraZeneca said on Friday it expected higher sales in the second half of the year, as it reported first-quarter profit and sales ahead of analysts' average expectations, including $275 mi...
Apr 30, 2021
UBS seeking to boost stake in China JV, CEO tells newspaper
ZURICH (Reuters) - UBS wants to boost its stake in its securities joint venture in China, Chief Executive Ralph Hamers told Swiss newspaper NZZ in an interview published on Friday, as the world's bigg...
Apr 30, 2021
