Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. auto industry calls for government help as it warns of impact of chip shortage
By David Shepardson WASHINGTON (Reuters) - A U.S. auto industry group on Monday urged the government to help as it warned the global semiconductor shortage could result in 1.28 million fewer vehicles ...
Apr 05, 2021
KKR raises $15 billion in Asia’s biggest fund as buyout-backed deals rise
SINGAPORE (Reuters) - Private equity powerhouse KKR & Co said on Tuesday it has raised $15 billion for its fourth Asia-Pacific focused fund, marking the region's biggest private equity fund at a time ...
Apr 05, 2021
Japan Finance Minister backs new SDR allocation, U.S. calls for minimum corp tax
By Tetsushi Kajimoto TOKYO (Reuters) - Japan would agree on a new allocation of special drawing rights (SDR) as long as the International Monetary Fund and World Bank help ensure transparency in provi...
Apr 05, 2021
China’s services sector recovery accelerates in March
BEIJING (Reuters) - A recovery in China's services sector picked up speed in March as firms hired more workers and business optimism surged, although inflationary pressures remained, a private sector ...
Apr 05, 2021
South Korea’s SK Group buys 16.3% stake in Vietnam’s VinCommerce for $410 million
SEOUL (Reuters) - South Korea's third-largest conglomerate, SK Group, said on Tuesday it has agreed to acquire a 16.3% stake in Vietnam's VinCommerce, a retail affiliate of Masan Group, for $410 milli...
Apr 05, 2021
New IMF reserves could fund vaccinations for low-, middle-income countries: report
By Andrea Shalal WASHINGTON (Reuters) - Moves to bolster the IMF's emergency reserves could provide the $44 billion needed to vaccinate 70% of the population in lower- and middle-income countries by t...
Apr 05, 2021
Oil climbs on weaker dollar, outweighing OPEC+ supply worries
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose early on Tuesday as a drop in the U.S. dollar made crude a more attractive buy, paring losses of more than 4% incurred overnight on the prospect of...
Apr 05, 2021
Dollar drops with U.S. yields despite strengthening U.S. recovery
By Kevin Buckland TOKYO (Reuters) - The dollar sank to an almost two-week low versus a basket of its peers on Tuesday, moving in tandem with retreating Treasury yields from recent peaks despite signs ...
Apr 05, 2021
Japan Airlines to retire 777 planes with Pratt & Whitney engines after United incident
(Reuters) - Japan Airlines Co Ltd (JAL) said it had retired its fleet of 13 Boeing Co 777s with Pratt & Whitney engines a year earlier than planned, having suspended operations in February after an en...
Apr 05, 2021
Japan Feb household spending hit by coronavirus curbs
By Kaori Kaneko and Daniel Leussink TOKYO (Reuters) - Japan's household spending dropped for a third straight month in February, data showed on Tuesday, as emergency curbs to prevent the spread of the...
Apr 05, 2021
