Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Oil climbs to 13-month highs, as supply cuts, demand optimism support
By Florence Tan SINGAPORE (Reuters) - Oil prices edged up on Tuesday to their highest in 13 months as supply cuts by major producers and optimism over fuel demand recovery support energy markets. Bren...
Feb 08, 2021
White House says it aims to strengthen ties with Brazil, but will speak out on concerns
By Andrea Shalal WASHINGTON (Reuters) - The Biden administration is closely following developments in Brazil with regard to human rights and the environment, but aims to keep strengthening U.S. econom...
Feb 08, 2021
Reddit’s valuation doubles to $6 billion after new funding round – WSJ
(Reuters) - Reddit Inc's valuation has doubled to $6 billion, as it raised $250 million in a new round of funding that comes as the social-media company has added users through the COVID-19 pandemic a...
Feb 08, 2021
SoftBank shares breach Y10,000, hits 2-decade high, on record Vision Fund profit
By Sam Nussey TOKYO (Reuters) - Japan's SoftBank Group Corp shares climbed above 10,000 yen apiece on Tuesday, hitting two-decade highs, a day after the group's Vision Fund unit reported record profit...
Feb 08, 2021
Bitcoin extends gains above $47,000 in Asia
SINGAPORE (Reuters) - Cryptocurrencies extended gains in Asia on Tuesday, with bitcoin and ethereum reaching record highs, in the wake of a Tesla Inc investment in bitcoin. Bitcoin posted its largest ...
Feb 08, 2021
Dollar shackled by doubts over U.S. recovery; bitcoin tops $47,000 for first time
By Kevin Buckland TOKYO (Reuters) - The dollar languished near its lowest in a week on Tuesday as investors began entertaining doubts about the scale of a recent rally driven by expectations of a fast...
Feb 08, 2021
Japan’s households, firms continue to hoard cash as pandemic pain persists
By Leika Kihara TOKYO (Reuters) - Japan's currency in circulation and bank deposits rose at a record pace in January, data showed on Tuesday, a sign companies and households continued to hoard cash du...
Feb 08, 2021
State oil firms risk wasting $400 billion as energy transition speeds up
By Julia Payne LONDON (Reuters) - National oil companies (NOCs) risk squandering $400 billion on expensive oil and gas projects over the next decade that may only break even if the world fails to meet...
Feb 08, 2021
UK consumer spending plunges as new lockdown bites: Barclaycard
By William Schomberg LONDON (Reuters) - Spending by British consumers plunged in January at the fastest rate in seven months as the country went back into a tight COVID-19 lockdown, payment card firm ...
Feb 08, 2021
Japan finance minister: G7 focus on emerging market debt, digital taxation and digital currency
TOKYO (Reuters) - The Group of Seven (G7) financial leaders would kick off debate on Friday on emerging market debt problems, implementation of digital taxation and central bank digital currency, Japa...
Feb 08, 2021
