Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
FedEx CEO to testify as U.S. lawmakers made green infrastructure push
WASHINGTON (Reuters) - FedEx Chief Executive Frederick Smith will testify before Congress on Wednesday as U.S. lawmakers begin a push for a massive hike in infrastructure spending and push toward elec...
Mar 11, 2021
OPEC sees most of 2021 oil demand recovery in second-half as COVID-19 impact lingers
By Alex Lawler LONDON (Reuters) - OPEC said on Thursday a recovery in oil demand will be focused on the second half of the year as the impact of the pandemic lingers as a headwind for the group and it...
Mar 11, 2021
Exclusive: Blackstone seeks $4 billion for Tactical Opportunities fund – sources
By Chibuike Oguh (Reuters) - Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, is seeking to raise $4 billion for a fund to invest in vari...
Mar 11, 2021
How Lipper Award-winning funds are playing expected inflation jump
By David Randall NEW YORK (Reuters) - A global economic recovery from the coronavirus pandemic could send inflation sharply higher in the year ahead, boosting the appeal of assets ranging from the sha...
Mar 11, 2021
Fund manager Odey tells court sex assault allegation is ‘horrible slur’
By Kirstin Ridley LONDON (Reuters) - One of Britain's most high-profile hedge fund managers told a London court on Thursday that being accused of groping a young female banker in 1998 was a "horrible ...
Mar 11, 2021
Volkswagen CEO aims to approach pre-crisis levels in 2021: ThePioneer
FRANKFURT (Reuters) - Volkswagen targets pre-crisis levels in key performance indicators this year, Chief Executive Herbert Diess told German media startup ThePioneer. "We want to get back to pre-cris...
Mar 11, 2021
U.S. weekly jobless claims fall more than expected
WASHINGTON (Reuters) - Fewer than expected Americans filed new claims for unemployment benefits last week as an improving public health environment allows more segments of the economy to reopen, putti...
Mar 11, 2021
German industry urges EU to toughen response to unfair Chinese trade practices
BERLIN (Reuters) - The European Union should take a tougher approach to protecting companies from unfair Chinese trade practices as Beijing is not keeping its promise to further open up its economy, G...
Mar 11, 2021
COVID-19 relief payments to start going out this month: White House’s Deese
WASHINGTON (Reuters) - A top White House economic aide said on Thursday that direct payments from the recently passed coronavirus relief plan would start going out this month through direct deposits, ...
Mar 11, 2021
India likely to block China’s Huawei over security fears: officials
By Aftab Ahmed and Sankalp Phartiyal NEW DELHI (Reuters) - India is likely to block its mobile carriers from using telecom equipment made by China's Huawei, two government officials said, under procur...
Mar 11, 2021
