Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
European stocks rally, FTSE jumps 1% ahead of budget
(Reuters) - Hopes of a strong global economic rebound lifted European stocks for a third straight session on Wednesday as Germany looked set to relax coronavirus curbs, while investors awaited details...
Syndicated Content Mar 03, 2021
Britain to ease listing rules to buttress London after Brexit
By Huw Jones LONDON (Reuters) - Britain will modernise its listing rules to attract more high-growth and "blank cheque" SPAC company flotations to London, Finance Minister Rishi Sunak said after a gov...
Syndicated Content Mar 03, 2021
Japan’s SMFG likely to halt all new lending to coal-powered plants, sources say
By Takashi Umekawa TOKYO (Reuters) - Japan's Sumitomo Mitsui Financial Group is likely to halt all new financing to coal-fired power plants, including the most efficient ones, two sources said, reflec...
Syndicated Content Mar 03, 2021
Pandemic-era investment rules pose hurdles for sovereign funds, report says
By Tom Arnold LONDON (Reuters) - Sovereign wealth funds will have to navigate growing regulatory scrutiny across some of their favoured areas for investment such as pharmaceuticals, infrastructure, te...
Syndicated Content Mar 03, 2021
Samsung considers four sites in U.S. for $17 billion chip plant: documents
By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd is considering two sites in Arizona and another one in New York in addition to Austin, Texas, for a new $17 billion chip plant, according to d...
Syndicated Content Mar 03, 2021
China fines group-buying platforms owned by Meituan, Pinduoduo over improper pricing
By Sophie Yu and Brenda Goh SHANGHAI (Reuters) - China fined on Wednesday five community group-buying platforms owned and backed by the likes of Meituan, Pinduoduo, Tencent Holdings, Alibaba Group and...
Syndicated Content Mar 03, 2021
U.S. coffee roasters weigh price increases, cite shipping inflation
By Nivedita Balu and Marcelo Teixeira (Reuters) - Coffee processors in the United States, the world's largest consumer of the beverage, are reporting significant cost increases in their operations, mo...
Syndicated Content Mar 03, 2021
OPEC oil has advantage over U.S. shale during pandemic recovery
By Jennifer Hiller (Reuters) - The once-brash U.S. shale industry, which spent profusely in recent years to grab market share, is now focused on preserving cash, putting it at a disadvantage to low-co...
Syndicated Content Mar 03, 2021
Analysis: Spike in bond yields dented some hedge fund February returns
By Maiya Keidan (Reuters) - A sharp spike in bond yields last week caught some hedge funds unaware, and saw macro and long-short funds in general give back February profits to end the month modestly u...
Syndicated Content Mar 03, 2021
U.S. gets ‘C-,’ faces $2.59 trillion in infrastructure needs over 10 years: report
By David Shepardson WASHINGTON (Reuters) - The United States faces a $2.59 trillion shortfall in infrastructure needs that requires a massive jump in government spending to address crumbling roads, br...
Syndicated Content Mar 03, 2021




