Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: DBS, StanChart among potential bidders for Citi’s Asia consumer business – sources
By Anshuman Daga, Sumeet Chatterjee and Nupur Anand SINGAPORE/HONG KONG (Reuters) - Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to bid for par...
Apr 20, 2021
Avast’s confident update sends cybersecurity firm to top of FTSE
LONDON (Reuters) - Cybersecurity firm Avast said it had made a good start to the year, with organic revenue rising 10.4% in the first quarter, and forecast revenue growth at the top end of its 6-8% ra...
Apr 20, 2021
China delivery giant Meituan raises $10 billion – a warchest for drones, self-driving cars
By Scott Murdoch and Yingzhi Yang HONG KONG (Reuters) - Food delivery behemoth Meituan has raised $10 billion in a stock and convertible bonds sale, underscoring strong investor faith in the growth pr...
Apr 20, 2021
Indonesia’s central bank keeps interest rates steady
JAKARTA (Reuters) - Indonesia's central bank kept its main policy rate at a record low on Tuesday as policymakers balanced the need to support the coronavirus-hit economy with concerns that further mo...
Apr 20, 2021
AB Foods first half profit halves on Primark’s COVID-19 hit
LONDON (Reuters) - Associated British Foods on Tuesday reported a halving in first half profit, after COVID-19 lockdowns shuttered its Primark fashion stores. Adjusted profit before tax fell to 319 mi...
Apr 20, 2021
BOJ inflation prediction to show limits of Gov Kuroda’s ultra-easy policy
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is set to predict for the first time that inflation will remain well short of its 2% target beyond Governor Haruhiko Kuroda's term through early 202...
Apr 20, 2021
Britain reviews core banking rules in light of Brexit
By Huw Jones LONDON (Reuters) -Britain on Tuesday launched an independent review of capital and proprietary trading rules introduced following the global financial crisis as it seeks to bolster the Ci...
Apr 20, 2021
Dubai Aerospace orders 15 Boeing 737 MAX jets
DUBAI (Reuters) - Dubai Aerospace Enterprise (DAE), one of the world's biggest leasing companies, on Tuesday announced an order for 15 Boeing 737 MAX 8 jets worth $1.8 billion at list prices. The orde...
Apr 20, 2021
UK unemployment falls again under government’s jobs shield
By William Schomberg and Andy Bruce LONDON (Reuters) - Britain's unemployment rate unexpectedly fell for a second month in a row to 4.9% in the December-to-February period, most of which the country s...
Apr 20, 2021
EU seeks greater Taiwanese investment as chip shortage bites
TAIPEI (Reuters) - The European Union is seeking to encourage greater investment from Taiwan especially its semiconductor firms, the bloc's top diplomat in Taipei said on Tuesday, amid a global chip s...
Apr 20, 2021
