Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. fiscal year budget deficit tops $3 trillion
WASHINGTON (Reuters) - The coronavirus pandemic has pushed the U.S. federal budget deficit above $3 trillion for the first 11 months of fiscal 2020, more than doubling the previous full-year record, t...
Sep 11, 2020
Equity market turmoil seen unlikely to provoke rapid Fed response
By Matt Scuffham NEW YORK (Reuters) - The U.S. stock market pullback has raised hopes that the Federal Reserve will ramp up asset purchases to boost the economy, but the sell-off was not steep enough ...
Sep 11, 2020
Unilever South Africa takes further steps after ‘racist’ TRESemmé advert
JOHANNESBURG (Reuters) - The South African unit of Unilever will set up an advisory board and a diversity committee after apologising for a hair care advert which it admitted was "racist", the consume...
Sep 11, 2020
Apple revises App Store guidelines, loosening some in-app payment rules
By Stephen Nellis (Reuters) - Apple Inc on Friday published a revision of some of its App Store review guidelines https://developer.apple.com/app-store/review/guidelines, loosening some restrictions o...
Sep 11, 2020
Exclusive: China would rather see TikTok U.S. close than a forced sale
By Keith Zhai, Yingzhi Yang and Julie Zhu (Reuters) - Beijing opposes a forced sale of TikTok's U.S. operations by its Chinese owner ByteDance, and would prefer to see the short video app shut down in...
Sep 11, 2020
ECB to supervise five Bulgarian, eight Croatian banks
FRANKFURT (Reuters) - The European Central Bank will take direct supervision of five banks in Bulgaria and eight in Croatia, countries that have both applied to join the euro zone, it said in a statem...
Sep 11, 2020
Spain aims to tax services like Whatsapp based on revenue
MADRID (Reuters) - Spain is proposing to tax companies providing calls and instant messaging services, such as Whatsapp, based on their revenue, a senior government official said on Friday. Levies wou...
Sep 11, 2020
Explainer: Next steps in the TikTok diplomatic dance
By Yingzhi Yang and Brenda Goh BEIJING (Reuters) - U.S. President Donald Trump said on Thursday that he does not plan to extend a deadline for ByteDance to sell TikTok's U.S. business, with the proces...
Sep 11, 2020
EU-China summit to mark soured relations with deal on whiskey
By Robin Emmott and Philip Blenkinsop BRUSSELS (Reuters) - Once billed as the diplomatic high point in China-European Union relations, a summit on Monday is likely to show how far the relationship has...
Sep 11, 2020
Fast take: Used cars, new couches cost more, but unlikely to impact U.S. election
By Ann Saphir (Reuters) - Consumer prices aren't rising fast enough to make inflation a major issue in the upcoming U.S. presidential election, the latest data from the Labor Department suggests. In f...
Sep 11, 2020
