Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Oil prices fall for second session as COVID-19 lockdown concerns cast pall over demand prospects
By Florence Tan SINGAPORE (Reuters) - Oil prices slipped for a second straight session on Monday as renewed COVID-19 lockdowns raised fresh concerns about global fuel demand. Brent crude futures for M...
Jan 24, 2021
Samsung’s Jay Y. Lee will not appeal jail term to Supreme Court: Yonhap
SEOUL (Reuters) - Samsung Electronics Vice Chairman Jay Y. Lee will not appeal to the Supreme Court after he received a jail term of two-and-a-half years last week on charges including bribery, Yonhap...
Jan 24, 2021
Dollar firm as economic, pandemic gloom damp risk appetite
By Hideyuki Sano TOKYO (Reuters) - The dollar held ground against riskier currencies on Monday as weak economic data from Europe and fresh worries about the coronavirus supported investor demand for s...
Jan 24, 2021
Asian shares under pressure on rising coronavirus cases
By Swati Pandey SYDNEY (Reuters) - Asian shares were on the defensive on Monday as rising COVID-19 cases and doubts over the ability of vaccine makers to supply the promised doses on time soured risk ...
Jan 24, 2021
Singapore’s StashAway says now manages $1 billion in assets
KUALA LUMPUR (Reuters) - Singapore-based StashAway has grown its assets under management (AUM) to more than $1 billion, the digital wealth manager said in a statement on Monday. StashAway said it was ...
Jan 24, 2021
Bank of England told to stop buying ‘high carbon’ bonds
By David Milliken LONDON (Reuters) - A group of British members of parliament said on Monday that the Bank of England should stop buying bonds from businesses whose activities accelerate global warmin...
Jan 24, 2021
Global green bond issuance hit new record high last year
By Nina Chestney LONDON (Reuters) - Global green bond issuance reached a record high of $269.5 billion by the end of last year and could reach $400-$450 billion this year, a report by the Climate Bond...
Jan 24, 2021
Big Oil hits brakes on search for new fossil fuels
By Ron Bousso LONDON (Reuters) - Top oil and gas companies sharply slowed their search for new fossil fuel resources last year, data shows, as lower energy prices due to the coronavirus crisis trigger...
Jan 24, 2021
Top hedge funds earn $63.5 billion in 2020, highest in a decade: LCH data
By Svea Herbst-Bayliss BOSTON (Reuters) - The world's 20 best-performing hedge funds earned $63.5 billion for clients in 2020, setting a record for the last 10 years during a chaotic time when technol...
Jan 24, 2021
BP’s oil exploration team swept aside in climate revolution
By Ron Bousso LONDON (Reuters) - Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of ...
Jan 24, 2021
