Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
India’s Reliance says KKR to invest $755.1 million in retail arm
BENGALURU (Reuters) - U.S. private equity firm KKR & Co Inc will invest 55.50 billion rupees ($755.09 million) in Reliance Industries Ltd's retail arm, giving the unit a pre-money valuation of 4.21 tr...
Sep 22, 2020
Huawei’s supply chain has been ‘attacked’, says chairman
SHANGHAI (Reuters) - Huawei Technologies [HWT.UL] will do everything it can to strengthen its supply chain which has been "attacked", its rotating Chairman Guo Ping said on Wednesday. Guo was speaking...
Sep 22, 2020
GoodRx sells shares in IPO above target range – source
NEW YORK (Reuters) - GoodRx Holdings Inc on Tuesday priced its initial public offering (IPO) at $33 per share, above its target range, according to a person familiar with the matter. The U.S. online p...
Sep 22, 2020
China has no reason to approve ‘dirty’ TikTok deal – China Daily
SHANGHAI (Reuters) - China has no reason to approve the "dirty and unfair" deal based on "bullying and extortion" that Oracle Corp and Walmart Inc said they struck with ByteDance, the state-backed Eng...
Sep 22, 2020
Japan’s SBI wants to shake up regional banks. It may get a Suga boost
By Junko Fujita, Takashi Umekawa and Takahiko Wada TOKYO (Reuters) - Japanese financial firm SBI Holdings Inc has ambitions to revive struggling regional banks by taking stakes and pushing them into h...
Sep 22, 2020
Dollar holds gains as virus woes hurt euro and sterling
By Stanley White TOKYO (Reuters) - The U.S. dollar held onto gains against major currencies on Wednesday, supported by positive U.S. economic data and concerns about a second wave of coronavirus infec...
Sep 22, 2020
Japan factory activity struggles to recover as output falls – PMI
TOKYO (Reuters) - Japan's factory activity extended declines in September largely due to a sharper fall in output, as the world's third-largest economy struggles to stage a robust recovery from the co...
Sep 22, 2020
Asian stocks set to gain after Wall Street’s tech bounce
By Suzanne Barlyn NEW YORK (Reuters) - Asian stocks were set to open higher on Wednesday after tech-fueled Wall Street gains although focus is shifting to renewed U.S.-Sino tensions, which could weigh...
Sep 22, 2020
Brazil government sees $157 billion deficit this year as emergency transfers are extended
By Jamie McGeever BRASILIA (Reuters) - Brazil's government is on course to post a primary budget deficit of 861 billion reais ($157 billion) this year, the Economy Ministry said in its bimonthly reven...
Sep 22, 2020
Shopify says customer data likely exposed as employees accessed records
(Reuters) - Shopify Inc said on Tuesday data of customers who shopped at fewer than 200 merchants listed on the company's e-commerce platform was likely exposed after two employees tried to steal tran...
Sep 22, 2020
