Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Banks weigh up home working – the new normal or an aberration?
By Lawrence White, Iain Withers and Muvija M LONDON (Reuters) - As the finance industry prepares for life post-pandemic, commercial banks are moving quickly to harness working from home to cut costs, ...
Feb 26, 2021
Exclusive: China’s Huawei, reeling from U.S. sanctions, plans foray into EVs – sources
By Julie Zhu and Yilei Sun HONG KONG/BEIJING (Reuters) - China's Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world's la...
Feb 26, 2021
As yields creep up, BOJ’s Kuroda calls for ‘stably low’ rates
By Leika Kihara TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Friday stressed the need to keep interest rates "stably low" to protect an economy ravaged by the COVID-19 pandemic, warning...
Feb 26, 2021
Analysis: Investors jumping the gun as TIPS, futures flag early Fed tightening
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Some investors may be getting ahead of themselves as they price in a move by the Federal Reserve to pivot away from an ultra-easy monetary policy soone...
Feb 26, 2021
Analysis: Hyundai bought chips when rivals didn’t; its assembly lines are still rolling
By Joyce Lee SEOUL (Reuters) - Hyundai Motor has so far avoided a chip shortage that has plagued global automakers, largely maintaining its stockpile of chips last year and even accelerating purchases...
Feb 26, 2021
China’s factory activity growth likely moderated during Feb holiday lull: Reuters poll
BEIJING (Reuters) - China's factory activity likely grew at a slightly slower rate in February as factories closed for the Lunar New Year holiday, a Reuters poll showed, although growth is expected to...
Feb 25, 2021
Australia lifts ban on Boeing 737 MAX, a first in Asia-Pacific region
SYDNEY (Reuters) - Australia's aviation regulator said on Friday it would lift a near two-year ban on flights to and from the country that use the Boeing Co 737 MAX aircraft, making it the first natio...
Feb 25, 2021
China’s economy could grow 8-9% this year from low base in 2020: central bank adviser
BEIJING (Reuters) - China's gross domestic product (GDP) could expand 8-9% in 2021 as it continues to rebound from the COVID-19 pandemic, Liu Shijin, a policy adviser to the People's Bank of China, sa...
Feb 25, 2021
Oil prices fall on rising U.S. dollar, expectations for supply gains
By Sonali Paul MELBOURNE (Reuters) - Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar and expectations grew that with oil prices back above pre-pandemic levels, m...
Feb 25, 2021
Tim Hortons China raises fresh cash, plans to add over 200 shops in 2021
BEIJING (Reuters) - Tim Hortons China has completed a new fundraising round from Sequoia Capital China, Tencent Holdings and Eastern Bell Capital, the coffee chain said on Friday. The funds will be us...
Feb 25, 2021
