Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Walmart looking at up to $25 billion investment in Tata Group’s ‘super app’: Mint
BENGALURU (Reuters) - Walmart Inc is in talks with Tata Group for an investment of up to $25 billion in the Indian salt-to-software conglomerate's new "super app", the Mint newspaper reported on Tuesd...
Sep 28, 2020
China’s ‘dual-circulation’ model not a short-term response to COVID-19, U.S. frictions: adviser
BEIJING (Reuters) - China's new "dual circulation" economic strategy proposed by President Xi Jinping is not a short-term measure to cope with the COVID-19 pandemic or frictions with the United States...
Sep 28, 2020
China faces arduous task in achieving new economic growth model: advisor
BEIJING (Reuters) - China faces a very arduous task in achieving a new growth model and must rely on reforms in order to do so, an advisor to the Chinese cabinet said on Tuesday. Yao Jingyuan, the for...
Sep 28, 2020
India opens dumping probe on Malaysia, Vietnam, Thai copper tube, pipe imports
NEW DELHI (Reuters) - India is investigating imports of copper tubes and pipes from Malaysia, Vietnam and Thailand, to determine whether producers in these countries were receiving unfair subsidies, t...
Sep 28, 2020
British house price boom to fizzle out next year: Reuters poll
By Jonathan Cable LONDON (Reuters) - British home prices will rise 2.0% this year following a post-lockdown boom in the housing market, according to a Reuters poll, marking a sharp turnaround in views...
Sep 28, 2020
Pandemic to keep Asia’s growth at lowest since 1967, warns World Bank
By Daniel Leussink TOKYO (Reuters) - The coronavirus pandemic is expected to lead to the slowest growth in more than 50 years in East Asia and the Pacific as well as China, while up to 38 million peop...
Sep 28, 2020
Sanctions-hit Huawei ramps up investment in Chinese tech sector
By Josh Horwitz SHANGHAI (Reuters) - Huawei Technologies has built up stakes in Chinese semiconductor companies and other tech businesses as the world's largest telecoms equipment maker bolsters its s...
Sep 28, 2020
Oil slips as demand worries offset hopes for stimulus
By Sonali Paul MELBOURNE (Reuters) - Oil prices fell on Tuesday as demand concerns driven by COVID-19 outweighed hopes that U.S. lawmakers and the White House were nearing an agreement on a new stimul...
Sep 28, 2020
Chinese delivery firm ZTO Express up in Hong Kong trading debut
HONG KONG (Reuters) - Shares of Chinese delivery firm ZTO Express (Cayman) Inc are set to open at HK$244 each in their Hong Kong debut on Tuesday, up 11.9% from the offering price of HK$218 apiece. Th...
Sep 28, 2020
Dollar steadies as markets await Trump-Biden debate
By Eimi Yamamitsu TOKYO (Reuters) - The dollar was steady against a basket of currencies on Tuesday as traders looked out to the first U.S. presidential debate and developments on the U.S. stimulus bi...
Sep 28, 2020
