Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Japan raises GDP outlook for FY2021 on lift from stimulus package
By Kaori Kaneko TOKYO (Reuters) - Japan's government raised its economic growth forecast for the next fiscal year thanks to its latest stimulus package aimed at speeding up the recovery following the ...
Dec 17, 2020
Dollar friendless as bears pile in, poised for worst week in a month
By Tom Westbrook SINGAPORE (Reuters) - The dollar has sunk through major support levels and looked set for its worst week in a month on Friday, as its accelerating slide sucked in more short sellers k...
Dec 17, 2020
Rio Tinto names Stausholm as CEO in surprise pick after cave destruction
By Sonali Paul and Rashmi Ashok (Reuters) -Rio Tinto named Chief Financial Officer Jakob Stausholm as its next chief executive on Thursday, defying expectations it would pick an external candidate to ...
Dec 17, 2020
Alibaba says it won’t allow its tech to target, identify ethnic groups
(Reuters) - Alibaba Group said it will not allow its technology to be used for targeting and identifying specific ethnic groups, following a report that its facial recognition technology can pick out ...
Dec 17, 2020
Asian stocks defy broader global rally, Brexit worries emerge
By David Henry NEW YORK (Reuters) - Asian stock fell slightly on Friday, failing to catch a broader global rally as the investor mood in the region shifted to broader caution about the economic outloo...
Dec 17, 2020
Draft guidance on China investment ban spurs tensions in Trump administration -sources
By Alexandra Alper WASHINGTON (Reuters) - A debate is raging within the Trump administration over guidance the Treasury Department is seeking to publish to clarify a recent directive banning U.S. inve...
Dec 17, 2020
U.S. Republicans seek firm end to Fed’s coronavirus loans, complicating aid talks
By David Lawder WASHINGTON (Reuters) - A new potential roadblock to a $900 billion coronavirus economic relief bill emerged in the U.S. Congress on Thursday as some Senate Republicans insisted on lang...
Dec 17, 2020
EssilorLuxottica shakes up management after power struggle
PARIS (Reuters) - Rayban maker EssilorLuxottica said on Thursday it has rejigged an executive power sharing arrangement put in place when the company was created by a merger in 2018, promoting two int...
Dec 17, 2020
Exclusive-Microsoft breached in suspected Russian hack using SolarWinds -sources
By Joseph Menn WASHINGTON (Reuters) - Microsoft was hacked as part of the suspected Russian campaign that has hit multiple U.S. government agencies by taking advantage of the widespread use of softwar...
Dec 17, 2020
Fed’s Main Street lending sees record volume in closing days
By Dan Burns (Reuters) - With time running out on a loan program that had seen little use so far, U.S. small- and mid-sized businesses are tapping into the Federal Reserve's Main Street Lending Progra...
Dec 17, 2020
