Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Saudi Aramco, Chevron chiefs see global oil demand recovery
(Reuters) - Global oil demand is recovering and could return to around pre-pandemic levels next year, the chief executive of Saudi Aramco told an oil and gas conference on Tuesday. Global demand for o...
Mar 02, 2021
Target to invest $4 billion annually to cement pandemic market share gains
(Reuters) - Target Corp will invest $4 billion annually over the next several years to open more stores, upgrade existing ones and build-out its supply chain as the retailer tries to cement market sha...
Mar 02, 2021
Instacart valuation more than doubles to $39 billion with latest funding round
(Reuters) - Instacart has more than doubled its valuation in less than six months to $39 billion with a $265 million fundraising round from existing investors, as the grocery delivery company benefits...
Mar 02, 2021
Market split on whether Ukraine will raise interest rate from 6% this week: Reuters poll
By Natalia Zinets KYIV (Reuters) - Analysts are divided on whether Ukraine's central bank will raise its key interest rate on March 4 or hold it steady, balancing the need to restrain inflation with s...
Mar 02, 2021
OPEC demand outlook sees oil stocks falling in 2021: sources
LONDON (Reuters) - OPEC expects oil inventories to drop by about 400 million barrels in 2021 in the latest supply and demand outlook being reviewed by a technical meeting on Tuesday, two OPEC+ sources...
Mar 02, 2021
IMF chief Georgieva says got G20 go ahead to work on SDR allocation
LONDON (Reuters) - The G20 group of major economies have given the International Monetary Fund the go ahead to work on a new allocation of special drawing rights (SDRs), the head of the Fund Kristalin...
Mar 02, 2021
Canadian dollar adds to Monday’s rally as economy grows
TORONTO (Reuters) - The Canadian dollar edged higher against its U.S. counterpart on Tuesday, adding to the previous day's rally as oil prices rose and domestic data showed faster-than-expected econom...
Mar 02, 2021
OPEC president says oil market rebalancing, pandemic still a risk
By Sergio Goncalves and Noah Browning LISBON (Reuters) - The global oil market is rebalancing after damage to demand wrought by the COVID-19 pandemic was met with curbs on output by producers from the...
Mar 02, 2021
Crisis deepens for airlines in January: IATA
PARIS (Reuters) - Global airline body IATA said that the crisis deepened for airlines in January, as international traffic plunged 86% in the month compared to pre-crisis levels, and domestic air traf...
Mar 02, 2021
U.S. budget airlines plot pandemic breakthrough
By Tracy Rucinski PALM COAST, Fla. (Reuters) - The COVID-19 pandemic has reshaped the global travel landscape and U.S. no-frills carriers are pouncing. As legacy airlines shrink to contain costs, budg...
Mar 02, 2021
