Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK offers to work with allies to combat “unfair behaviour” by China-backed firms
By William James LONDON (Reuters) - Britain will offer to work with the European Union, Japan and America to clamp down on what it calls unfair behaviour by Chinese state-owned enterprises, its trade ...
Syndicated Content Jan 29, 2021
Take Five: Long the Short
1/THE BIG SQUEEZE In just a week, the 'Reddit crowd' trade which squeezed out seasoned hedge funds from GameStop has gone global. Herding on the other side of bearish bets proved so profitable in Game...
Syndicated Content Jan 29, 2021
Global funds raise equity allocations to 11-month high
By Tushar Goenka BENGALURU (Reuters) - Global funds recommended increasing equity allocations to the highest in a year, saying stock prices were likely to rise or stay around current levels in the nex...
Syndicated Content Jan 29, 2021
Euro zone economies’ plucky fourth-quarter belies troubled growth outlook
By Paul Carrel and Leigh Thomas BERLIN/PARIS (Reuters) - Growth in Germany and Spain and a smaller-than-expected contraction in France pointed to resilience in the euro zone economy in the final three...
Syndicated Content Jan 29, 2021
Eli Lilly profit rises 41.5% as COVID-19 drug lifts sales
(Reuters) - Eli Lilly and Co posted a 41.5% rise in fourth-quarter profit on Friday, helped by higher demand for its diabetes drugs and a successful launch of its COVID-19 antibody treatment. Net earn...
Syndicated Content Jan 29, 2021
Spain posts record GDP slump in 2020, hopes for 2021 in balance
By Beln Carreo and Nathan Allen MADRID (Reuters) - Spain's pandemic-hit economy recorded its steepest contraction on record in 2020, and increasingly tough COVID-19 restrictions imposed since the turn...
Syndicated Content Jan 29, 2021
Global debt issuance to dip to $8 trillion in 2021 – S&P Global
LONDON (Reuters) - The amount of debt issued by governments and companies around the world is expected to dip to $8 trillion this year, credit rating firm S&P Global has estimated. The amount would be...
Syndicated Content Jan 29, 2021
Rush to stocks continues amid retail frenzy, BofA data show
LONDON (Reuters) - Investor cash continued to pour into stocks last week amid a retail trading frenzy that saw shares in GameStop soar over 2,500% year-to-date at one point, BofA's weekly flow data sh...
Syndicated Content Jan 29, 2021
Xi says China should make contingency plans for “black swan” and “grey rhino” events
BEIJING (Reuters) - President Xi Jinping has said China should foresee various risks and challenges, and make contingency plans for "black swan" and "gray rhino" events, the state news agency Xinhua r...
Syndicated Content Jan 29, 2021
China’s regulator drafts rules on corporate governance of banks and insurers
BEIJING (Reuters) - China's banking and insurance regulator issued draft rules on Friday on corporate governance of banks and insurers, the latest regulatory move to contain management risks of financ...
Syndicated Content Jan 29, 2021




