Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
T-Mobile to pay $200 million fine to resolve FCC subsidy investigation
WASHINGTON (Reuters) - T-Mobile will pay a $200 million penalty to resolve a Federal Communications Commission (FCC) investigation into its subsidiary Sprint for failing to comply with rules on a low-...
Nov 04, 2020
ECB shouldn’t take market calm for granted as economy turns for worse: Schnabel
FRANKFURT (Reuters) - The European Central Bank should not take the calm in the bond market for granted as the virus-stricken euro zone economy takes a turn for the worse and needs fresh monetary stim...
Nov 04, 2020
No wild ride: FX swings fall as extreme dollar bets unwound
By Saikat Chatterjee and Elizabeth Howcroft LONDON (Reuters) - A surprisingly close U.S. election contest caused the dollar to swing around in cash markets on Wednesday but derivatives market "fear" g...
Nov 04, 2020
Investors bet on stronger credit markets as election results come in
NEW YORK (Reuters) - Investors made bullish bets on U.S. corporate bonds on Wednesday while the equity market rallied as results from the presidential election came in. President Donald Trump and his ...
Nov 04, 2020
Deutsche Bank says does not see good risk reward in shorting dollar anymore
LONDON (Reuters) - Deutsche Bank said on Wednesday it had changed its view on the U.S. dollar given an extremely uncertain U.S. election outcome and no longer sees a "compelling narrative" for dollar ...
Nov 04, 2020
Huawei says to defend double-digit smartphone market share in Germany
BERLIN (Reuters) - Huawei [HWT.UL] expects to have a smartphone market share in Germany of more than 10% in the fourth quarter, a senior executive said on Wednesday, adding that its new Mate 40 Pro pr...
Nov 04, 2020
Chinese President Xi pledges to import more as pandemic shakes global economy
By Brenda Goh and Winni Zhou SHANGHAI (Reuters) - China will import over $22 trillion worth of goods over the next decade, and the country is accelerating its opening up in spite of the global coronav...
Nov 04, 2020
Take Five: Election fever
1/U.S. ELECTION DAY Nov. 3 is election day in the world's biggest economy, a vote that's particularly fraught due to the COVID-19 pandemic, the presidential candidates' differing policy platforms and ...
Nov 04, 2020
U.S. Treasury will keep shifting to longer-dated debt
By Ross Kerber (Reuters) - The U.S. Treasury Department said on Wednesday it will continue a shift to longer-term notes and bonds as it issues debt to fund measures to offset the impact of the COVID-1...
Nov 04, 2020
Canada’s trade deficit widens to C$3.25 billion from August
OTTAWA (Reuters) - Canada's trade deficit in September widened to C$3.25 billion ($2.47 billion) as Canadian exports and imports both posted monthly increases, Statistics Canada said on Wednesday. Ana...
Nov 04, 2020
