Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Economists cut euro zone growth forecast for 2021: ECB survey
FRANKFURT (Reuters) - The pandemic-stricken euro zone economy is likely to rebound this year but at a slower pace than expected only a few months ago, before making up for the lost ground in 2022, a E...
Jan 22, 2021
FTSE Russell deletes CNOOC from global and China indexes due to U.S. ban
SHANGHAI (Reuters) - Global index publisher FTSE Russell said on Friday it will delete CNOOC Ltd from its global and China indexes due to the U.S. investment ban. The removal of the Hong Kong-listed s...
Jan 22, 2021
Euro zone business activity shrank in January as lockdowns hit services
By Jonathan Cable LONDON (Reuters) - Economic activity in the euro zone shrank markedly in January as lockdown restrictions to contain the coronavirus pandemic hit the bloc's dominant service industry...
Jan 22, 2021
European stocks head lower ahead of business activity data
(Reuters) - European stocks fell on Friday, hit by tighter travel restrictions in the euro zone and weak UK retail sales numbers, while investors awaited the latest batch of business activity data to ...
Jan 22, 2021
Equities correction coming after ‘extreme’ rally, inflows: BofA
LONDON (Reuters) - Investors once again stormed into stocks last week with inflows in the last three months soaring to a record $255 billion, BofA's weekly flow data showed on Friday, prompting invest...
Jan 22, 2021
Stock bubble worries push Chinese investors from home to Hong Kong
By Luoyan Liu and Andrew Galbraith SHANGHAI (Reuters) - As China's blue-chip index approaches an all-time high, growing fears about bubbles developing in some parts of the country's stock market are p...
Jan 22, 2021
UK retail sales make weak recovery in December
LONDON (Reuters) - British retail sales bounced back weakly in December as shops in England emerged from November's four-week lockdown to slow the spread of COVID-19, while public borrowing this finan...
Jan 22, 2021
China’s banking sector disposed of $467 billion soured assets in 2020: statement
BEIJING (Reuters) - China's banking sector disposed of 3.02 trillion yuan ($466.6 billion) in non-performing assets in 2020, the country's top banking and insurance watchdog said on Friday, up more th...
Jan 22, 2021
JPMorgan pushes out Turkey rate cut expectation to third quarter
LONDON (Reuters) - A more hawkish tone from Turkey's central bank at Thursday's policy meeting means it will now likely deliver a first cut in interest rates in the third quarter rather than the secon...
Jan 22, 2021
Taiwan says realistic about U.S. trade deal, but one will happen eventually
By Jeanny Kao and Ben Blanchard TAIPEI (Reuters) - Taiwan is under no illusions it can quickly sign a long hoped for free trade deal with the United States but feels when the time is right "success wi...
Jan 22, 2021
