Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: Chinese regulators to push tech giants to share consumer credit data – sources
By Julie Zhu HONG KONG (Reuters) - China plans to push tech giants including Ant Group, Tencent and JD.com to share consumer loan data to prevent excess borrowing and fraud, two people with knowledge ...
Jan 11, 2021
Hong Kong’s ‘law and order’ important for international businesses: commerce secretary
HONG KONG (Reuters) - Hong Kong's "law and order" was important for international businesses, a government official said on Monday, in response to concerns over the impact of a sweeping national secur...
Jan 11, 2021
Euronext resolves technical glitch in index derivatives trading
LONDON (Reuters) - Stock exchange operator Euronext said on Monday it a had resolved a technical issue that affected index derivatives trading. France's CAC 40 future contracts were among products tha...
Jan 11, 2021
Entain CEO resigns days after Ladbrokes owner rejected MGM approach
(Reuters) - Ladbrokes-owner Entain Plc said on Monday its Chief Executive Officer Shay Segev would leave the company, days after the gambling firm rejected an $11 billion takeover approach from U.S. c...
Jan 11, 2021
Good news soon for markets about restarting IMF program: Pakistan central bank governor
ISLAMABAD (Reuters) - Pakistan is in talks with the International Monetary Fund (IMF) to put the fiscal support program back on track, the country's central bank governor said on Monday. "We hope to h...
Jan 11, 2021
Analysis: Cancel your weekends! Bitcoin doesn’t rest, and neither can you
By Tom Wilson and Anna Irrera LONDON (Reuters) - Bitcoin doesn't sleep. On the first sluggish Saturday of 2021, Jan. 2, many people were still nursing New Year hangovers. But there was no breather for...
Jan 11, 2021
Philippine mobile wallet GCash raises over $175 million in new capital
MANILA (Reuters) - Philippine mobile wallet GCash has raised more than $175 million in capital from New York-based private equity fund Bow Wave Capital Management, the financial technology arm of Glob...
Jan 11, 2021
Rolling with the changes: Bridgestone America’s CEO on leadership now
By Cheryl Lu-Lien Tan NEW YORK (Reuters) - As first years on the job go, Paolo Ferrari, president, CEO and COO of Bridgestone Americas, Inc., has certainly had an eventful one. Ferrari joined the tire...
Jan 11, 2021
Bitcoin hits one-week low as rising U.S. yields dent rally
SINGAPORE (Reuters) - Cryptocurrencies plunged on Monday, with bitcoin dropping more than 12% to a one-week low as rising U.S. bond yields lifted the dollar broadly and hurt other safe assets that pay...
Jan 10, 2021
Chinese EV maker Nio may launch mass market vehicles under another marque
CHENGDU, China/SHANGHAI (Reuters) - China's electric vehicle (EV) maker Nio Inc, which competes with conventional premium automakers including Daimler AG and BMW, may make mass market products under a...
Jan 10, 2021
