Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
COVID response drives $24 trillion surge in global debt: IIF
By Marc Jones LONDON (Reuters) - The COVID pandemic has added $24 trillion to the global debt mountain over the last year a new study has shown, leaving it at a record $281 trillion and the worldwide ...
Feb 17, 2021
Brazil’s 2021 interest rate outlook rises to 3.75%, survey shows
BRASILIA (Reuters) - The outlook for Brazilian interest rates this year rose to its highest since last May, a central bank survey of economists showed on Wednesday, with sticky inflation and a fragile...
Feb 17, 2021
Rosengren says inflation not likely to hit Fed’s target through 2022
WASHINGTON (Reuters) - Inflation is unlikely to hit the Fed's 2% target on a sustained basis at least through 2022, Bosten Fed president Eric Rosengren said, with Fed officials not concerned about an ...
Feb 17, 2021
Microsoft Teams down for hundreds of users: Downdetector.com
(Reuters) - Microsoft Corp's workplace messaging app Teams was down for hundreds of users, according to outage tracking website Downdetector.com. Downdetector showed there were nearly 500 incidents of...
Feb 17, 2021
Fed’s Barkin is ‘quite optimistic’ on U.S. outlook
(Reuters) - Federal Reserve Bank of Richmond President Thomas Barkin on Wednesday said he sees three phases for the U.S. economy this year and overall he is "quite optimistic" thanks to gains health o...
Feb 17, 2021
U.S. business inventories rise solidly in December
WASHINGTON (Reuters) - U.S. business inventories increased solidly in December, with stocks at retailers larger than initially estimated. Business inventories rose 0.6% in December after gaining 0.5% ...
Feb 17, 2021
China’s retail, catering sales jump in Lunar New Year staycation
(Reuters) - China's retail and catering sectors enjoyed a bumper Lunar New Year holiday week, with revenues rising almost one-third from 2020 levels thanks to strong orders from staycationing consumer...
Feb 17, 2021
Britain confirms Richard Sharp as chair of BBC
LONDON (Reuters) - Former Goldman Sachs banker Richard Sharp has been confirmed as the new chair of Britain's BBC, the government said on Wednesday. The BBC chair, who is officially appointed by the q...
Feb 17, 2021
U.S. manufacturing production rises solidly despite semiconductor shortage
WASHINGTON (Reuters) - Output at U.S. factories increased more than expected in January even as a shortage of semiconductors weighed on the production of motor vehicles, pointing to resilience in the ...
Feb 17, 2021
Peru’s famous chefs seek bailout as pandemic shutters restaurants
By Maria Cervantes LIMA (Reuters) - Lima's famous Central restaurant, home to some of Peru's most succulent cuisine and an earthy aroma that includes more than one hundred Andean spices and varieties ...
Feb 17, 2021
