Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
South Korea inflation slows in October, core CPI declines at fastest pace in over 21 years
SEOUL (Reuters) - South Korea's annual inflation slowed in October and the core rate declined at its fastest pace in over 21 years as the coronavirus pandemic dampened domestic demand and a temporary ...
Nov 02, 2020
FX markets to remain net short U.S. dollar after election: Reuters poll
By Hari Kishan and Rahul Karunakar BENGALURU (Reuters) - Bets against the U.S. dollar were expected to linger or even increase in the immediate aftermath of the Nov. 3 presidential election, despite j...
Nov 02, 2020
Analysis: Fin or tech? China’s Ant, biggest-ever IPO, says it’s a tech firm not a bank
By Yingzhi Yang, Cheng Leng and Julie Zhu BEIJING/HONG KONG (Reuters) - China's Ant Group , about to make the biggest public sale of shares ever, poses a basic conundrum: what kind of company is it - ...
Nov 02, 2020
DoubleLine’s Gundlach says he’s bearish on long bonds
By Kate Duguid NEW YORK (Reuters) - Jeffrey Gundlach, the billionaire chief executive of DoubleLine investment firm, said in a pre-election webcast on Monday that he is bearish on long-dated bonds lik...
Nov 02, 2020
Royal Caribbean suspends cruises through year end
(Reuters) - Cruise operator Royal Caribbean Group said on Monday it would stop all its cruises through the end of the year, extending previous suspensions, as coronavirus infections continue to increa...
Nov 02, 2020
Hedge funds raise Canadian energy shorts ahead of U.S. election
By Maiya Keidan TORONTO (Reuters) - Hedge funds upped bets against Canadian energy companies in the run-up to Tuesday's U.S. presidential election, regulatory filings reviewed by Reuters showed. Marke...
Nov 02, 2020
Walmart drops plans to use robots for tracking inventory
(Reuters) - Walmart Inc said on Monday it has dropped its plans to use roving robots to scan shelves and keep track of inventory, squashing the world's largest retailer's years-long efforts to automat...
Nov 02, 2020
U.S. Treasury cuts borrowing estimate for fourth quarter
NEW YORK (Reuters) - The U.S. Treasury said on Monday said it plans to borrow $617 billion in the fourth quarter, lower than the August estimate, with the decline due to the department's higher cash b...
Nov 02, 2020
U.S. senator warns France’s Macron over gas exports deal delay
By Timothy Gardner WASHINGTON (Reuters) - Any French involvement in holding up a multi-billion natural gas deal over environmental concerns could damage the country's trade ties with the United States...
Nov 02, 2020
Eight big banks must face U.S. cities’ allegations of municipal bond collusion
By Jonathan Stempel NEW YORK (Reuters) - A federal judge on Monday said Philadelphia and Baltimore may sue eight big banks for allegedly conspiring to force state and local governments to pay inflated...
Nov 02, 2020
