Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bitcoin jumps 8%, on course to snap five days of losses
LONDON (Reuters) - Bitcoin jumped as much as 8% on Monday and was on course to snap five straight days of losses, though the cryptocurrency has slumped almost a fifth from its all-time high hit earlie...
Apr 26, 2021
European shares flat as weakness in autos negate mining gains
(Reuters) - European stocks were largely flat on Monday as losses in automakers countered gains in miners, while investors braced for a busy week of corporate earnings and economic data. The pan-Europ...
Apr 26, 2021
Credit Suisse investors oppose risk chairman’s Gottschling re-election
ZURICH (Reuters) - Shareholders holding more than 15% of Credit Suisse stock want to oust the board's risk committee chairman, Andreas Gottschling, after investments imploded, the Financial Times repo...
Apr 26, 2021
Philips lifts 2021 forecast as Q1 sales soar amid pandemic
AMSTERDAM (Reuters) - Philips on Monday posted a hefty jump in quarterly profit and nudged its expectations for 2021 higher as the coronavirus pandemic drives demand for its hospital equipment and per...
Apr 26, 2021
Analysis: Retail trading appetite robust even as stock-buying frenzy cools
By John McCrank NEW YORK (Reuters) - Retail traders have shifted from "meme stocks" to large-cap names and exchange traded funds, and while their activity has eased from its January peak, the blisteri...
Apr 26, 2021
Analysis: New U.S. credit benchmarks gain traction as Libor deadline approaches
By Karen Brettell (Reuters) - New U.S. bank credit benchmarks are expected to gain traction in the coming months as the deadline to phase out exposure to the discredited Libor approaches, even as regu...
Apr 26, 2021
Frustrated Canada presses White House to keep Great Lakes oil pipeline open
By David Ljunggren, Nia Williams and Laura Sanicola OTTAWA/NEW YORK (Reuters) - Canada is pushing on several diplomatic fronts against the U.S. state of Michigan's efforts to close a cross-border oil ...
Apr 26, 2021
Toshiba’s No. 2 shareholder calls for review of strategic alternatives
TOKYO (Reuters) - 3D Investment Partners, the second-largest shareholder in Toshiba Corp, has called on the Japanese industrial conglomerate to conduct a formal review of strategic alternatives. "We a...
Apr 25, 2021
Oil inches lower on concerns over COVID-19 surge in India, Japan
By Yuka Obayashi TOKYO (Reuters) - Oil prices eased slightly on Monday on concerns that a resurgence of coronavirus infections in India and Japan, the world's third and fourth largest oil importers, w...
Apr 25, 2021
Analysis: China digital currency trials show threat to Alipay, WeChat duopoly
Shanghai - In China's commercial hub Shanghai, six big state banks are quietly promoting digital yuan ahead of a May 5 shopping festival, carrying out a political mandate to provide consumers with a p...
Apr 25, 2021
