Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Ant Group curbs support for overseas partners in strategy rethink ahead of listing
By Fanny Potkin SINGAPORE (Reuters) - China's Ant Group Co Ltd has been cutting funding and staff support to many of the overseas e-wallet firms it has invested in as it pivots away from earlier ambit...
Oct 28, 2020
Asian buyers boost physical oil as pandemic punishes futures
By Olga Yagova and Noah Browning MOSCOW/LONDON (Reuters) - Robust demand from China and India has bolstered physical crude oil prices from around the world, traders said, in contrast to the futures ma...
Oct 28, 2020
Court rules that California Uber drivers could not establish ‘political coercion’
(Reuters) - A California court on Wednesday denied an application for a temporary restraining order by the state's Uber Technologies Inc drivers, saying the drivers could not establish the alleged "po...
Oct 28, 2020
Dollar holds gains as COVID-19 surge boosts safe-haven demand
By Eimi Yamamitsu TOKYO (Reuters) - The dollar held gains against a basket of major currencies on Thursday as escalating coronavirus cases in Europe stoked fears across markets that fresh lockdowns wo...
Oct 28, 2020
USDA defends estimate of China corn imports, despite hot sales pace
By Julie Ingwersen CHICAGO (Reuters) - The U.S. Department of Agriculture on Wednesday defended its latest monthly forecast of China's corn imports, a figure that surprised analysts given that corn sa...
Oct 28, 2020
Surge in coronavirus cases set to shake Asian markets
By Pete Schroeder (Reuters) - Asian stocks were set to join a global sell-off on Thursday as worries about surging coronavirus cases in Europe and the United States sent investors scrambling for safe-...
Oct 28, 2020
IKEA’s malls arm says expansion plans intact as customers return post-lockdown
By Anna Ringstrom STOCKHOLM (Reuters) - IKEA's shopping malls business, one of the world's biggest, said its expansion plans remained on track with visitors quickly returning to its premises after the...
Oct 28, 2020
ECB to pave way for more stimulus as recession fears grow
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - The European Central Bank is expected to resist pressure to unveil fresh stimulus measures on Thursday but it will likely pave the way for ...
Oct 28, 2020
Exxon Mobil keeps quarterly dividend flat as losses mount
HOUSTON (Reuters) - Exxon Mobil Corp on Wednesday kept its fourth-quarter dividend flat at 87 cents a share, signaling it expects coming cost-cutting will allow it to continue making the hefty payout....
Oct 28, 2020
U.S. corporate spending plans could stumble as risks rise
By Caroline Valetkevitch NEW YORK (Reuters) - An expected rebound in capital expenditures for U.S. companies could be more at risk, as concerns over the economic recovery and a possible contested U.S....
Oct 28, 2020
