Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
OPEC crude output cuts should help U.S. shale profits in 2021
By Jennifer Hiller HOUSTON (Reuters) - A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present for U.S. shale firms that have slashed costs, bu...
Jan 10, 2021
Saudi cut to boost oil market de-stocking, even as demand falters
By Ahmad Ghaddar LONDON (Reuters) - Saudi Arabia's voluntary oil production cut is expected to bring the oil market into deficit for most of 2021 even as new lockdowns to contain the spread of the cor...
Jan 10, 2021
India retail king Biyani sees quick OK of Future’s $3.4 billion deal despite Amazon dispute
By Aditya Kalra NEW DELHI (Reuters) - India's Future Group expects swift regulatory approval of its $3.4 billion deal to sell its retail assets, its chief executive said, even as its warring business ...
Jan 10, 2021
Kim Jong Un’s big plan to grow North Korea’s economy faces harsh reality
By Josh Smith SEOUL (Reuters) - Kim Jong Un's ambitious new plan for the next five years is aimed at developing North Korea's shattered economy, but the proposals may falter in the face of major crise...
Jan 10, 2021
New Zealand central bank says its data system was breached
WELLINGTON (Reuters) - The Reserve Bank of New Zealand said on Sunday that it was responding with urgency to a breach of one of its data systems. A third-party file-sharing service used by the central...
Jan 09, 2021
Apple suspends Parler social network from its App Store
(Reuters) - Apple Inc has suspended Parler from the App Store, saying the social networking service had not taken adequate measures to prevent the spread of posts inciting violence. Apple had given th...
Jan 09, 2021
Scotland’s seafood exporters dealt new post-Brexit blow
By Kate Holton LONDON (Reuters) - The post-Brexit woes facing Scotland's fishing industry deepened on Saturday as its biggest logistics provider, DFDS Scotland, said it would halt exports to the Europ...
Jan 09, 2021
Qatar Airways to resume flights to Saudi Arabia from Monday
CAIRO (Reuters) - Qatar Airways will resume flights to Saudi Arabia, starting with the capital Riyadh on Monday, followed by Jeddah on Jan. 14, then Dammam on Jan. 16, the airline tweeted on Saturday....
Jan 09, 2021
Northern Ireland-Britain supply chain at risk of collapse, hauliers warn
DUBLIN (Reuters) - The supply chain between Northern Ireland and the rest of the United Kingdom is a "boat breakdown" away from collapse as a result of the post-Brexit regulatory border, the UK's Road...
Jan 09, 2021
Nio launches first electric sedan model as Tesla delivers China-built SUV
CHENGDU, China/SHANGHAI (Reuters) - China's electric vehicle (EV) maker Nio Inc on Saturday launched its first sedan model, eyeing a greater share of the world's largest car market. The launch of the ...
Jan 09, 2021
