Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Euro zone producer prices fall less than expected year-on-year in November
BRUSSELS (Reuters) - Euro zone producer prices fell year-on-year in November because of a slump in energy prices, but fall was smaller than expected thanks to more expensive capital and durable consum...
Jan 06, 2021
UK makes subdued recovery from November lockdown – PMI
By David Milliken LONDON (Reuters) - Britain's economy made only a subdued return to growth in December after shrinking during a four-week England-wide coronavirus lockdown in November, as the large s...
Jan 06, 2021
China central bank says it will make policy flexible and targeted in 2021
BEIJING (Reuters) - China's central bank said on Wednesday it will make its monetary policy flexible, targeted and appropriate in 2021. The People's Bank of China (PBOC) added it would deepen reforms ...
Jan 06, 2021
Euro zone contraction deeper than thought in Dec as lockdowns bite -PMI
LONDON (Reuters) - Economic activity in the euro zone contracted more sharply than previously thought at the end of 2020 and could get worse as renewed lockdown restrictions imposed to contain the cor...
Jan 06, 2021
European stocks rise as possible ‘blue sweep’ in Georgia lifts U.S. stimulus hopes
(Reuters) - European stocks rose on Wednesday, with economically sensitive sectors such as energy and banks leading the gains, as investors braced for a Democratic win in crucial U.S. Senate run-off e...
Jan 06, 2021
GM delivered 2.9 million vehicles in China in 2020, down 6.2% y/y
BEIJING (Reuters) - General Motors Co's vehicle sales in China fell 6.2% in 2020, as the U.S. automaker suffered a prolonged sales slowdown in the world's biggest auto market. GM, China's second bigge...
Jan 06, 2021
Michelin plans to scrap up to 2,300 jobs over three years, no layoffs
PARIS (Reuters) - French tyre maker Michelin said on Wednesday it would cut its workforce by up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France. "The ...
Jan 06, 2021
Nasdaq futures tumble as investors brace for possible Blue Wave
(Reuters) - Futures tracking the Nasdaq 100 index fell more than 1% on Wednesday as investors priced in the prospect of Democrats winning both races in a Senate run-off election in Georgia that will d...
Jan 06, 2021
JPMorgan fund tops 2020 global macro rankings-SharingAlpha
LONDON (Reuters) - JPMorgan Asset Management's Global Macro Opportunities Fund was the top-rated global macro fund of 2020, asset allocators using SharingAlpha, the fund rating platform, said on Wedne...
Jan 06, 2021
Huawei to pack less of a punch in the new year after bruising 2020, analysts say
By David Kirton SHENZHEN, China (Reuters) - Huawei Technologies Co Ltd this year will likely see slower 5G business and push further into software, while hoping its smartphones get a reprieve from U.S...
Jan 06, 2021
