Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Developing Asia’s projected 2020 contraction to be less severe than expected, ADB says
By Karen Lema MANILA (Reuters) - Developing Asia is on course to contract this year, but probably less than previously thought as China recovers faster than expected, although the prolonged pandemic r...
Dec 09, 2020
Japan’s November wholesale prices slump, auto demand rebound offers hope
By Leika Kihara TOKYO (Reuters) - Japanese wholesale prices in November fell 2.2% from a year earlier, marking the biggest drop in six months in a sign the lingering pain from the coronavirus pandemic...
Dec 09, 2020
ECB to unveil yet another stimulus package
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - The European Central Bank will unveil fresh stimulus measures on Thursday to prop up the recession-hit currency bloc long enough for a coro...
Dec 09, 2020
Mnuchin says COVID aid checks would spur more jobs than unemployment supplement
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Wednesday that President Donald Trump would rather send $600 checks to Americans as part of a new coronavirus aid package than sup...
Dec 09, 2020
U.S. court rejects Sunoco’s appeal to overturn Oklahoma royalty ruling
(Reuters) - A U.S. court on Wednesday rejected an appeal made by Sunoco LP for a new trial related to an Oklahoma oil class action against the fuel retailer. In August, Sunoco, a publicly-traded partn...
Dec 09, 2020
Amnesty criticises Airbnb for West Bank settlement listings ahead of IPO
By Rami Ayyub TEL AVIV (Reuters) - Amnesty International accused Airbnb of acting in bad faith towards investors ahead of its stock market debut on Thursday by failing to inform them of its politicall...
Dec 09, 2020
U.S. economy to slow in first-quarter but reach pre-COVID-19 levels in a year: Reuters poll
By Shrutee Sarkar BENGALURU (Reuters) - U.S. economic growth will lose momentum this quarter and next but expand faster than previously thought after that, according to a Reuters poll of economists, a...
Dec 09, 2020
AT&T to sell Crunchyroll unit to Sony’s Funimation in $1.18 billion deal
(Reuters) - AT&T Inc has agreed to sell its Crunchyroll anime business to Sony's Funimation Global Group, LLC, in a $1.18 billion deal, Sony Pictures Entertainment Inc and AT&T said in a joint stateme...
Dec 09, 2020
Airbnb prices IPO at $68 per share, above target range: source
(Reuters) - Airbnb Inc on Wednesday sold shares in its initial public offering (IPO) at $68 apiece, above its targeted price range, to raise around $3.5 billion, according to a person familiar with th...
Dec 09, 2020
Stimulus, Brexit talks weigh on Asian markets
By Pete Schroeder (Reuters) - Asian markets looked set to slide Thursday as investors tracked negotiations with significant economic implications in the U.S. and Europe. Australian S&P/ASX 200 futures...
Dec 09, 2020
