Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Emerging market funds close due to shrinking demand
By Tom Arnold LONDON (Reuters) - Dozens of emerging market funds have closed this year as turmoil unleashed by the coronavirus has damaged investor sentiment towards the asset class, where returns lag...
Sep 11, 2020
Futures rebound as tech stocks rise; Oracle delivers strong quarter
(Reuters) - U.S. stock index futures climbed on Friday, with tech shares gaining after a pullback in the previous session, as Oracle's solid quarter restored faith that tech-related companies are emer...
Sep 11, 2020
Microsoft takes aim at Sony with cloud gaming service
By Supantha Mukherjee and Sam Nussey STOCKHOLM/TOKYO (Reuters) - Microsoft will on Tuesday launch its Xbox cloud gaming service priced at $1 for new users' first month, in a major drive to attract cas...
Sep 11, 2020
Special Report: Big Pharma wages stealth war on drug price watchdog
By Caroline Humer (Reuters) - As evidence grew this spring that the drug remdesivir was helping COVID-19 patients, some Wall Street investors bet on analysts' estimates that its maker, Gilead Sciences...
Sep 11, 2020
‘Enough is enough’: Canada’s Montney producers swap oil and gas assets for cash
By Rod Nickel WINNIPEG, Manitoba (Reuters) - A wave of consolidation is underway in Canada's Montney oil and gas region as small companies struggling to weather the impact of coronavirus on the energy...
Sep 11, 2020
China will suspend imports from companies if frozen foods test positive for coronavirus
BEIJING (Reuters) - China customs said on Friday that it will suspend imports from companies for a week if frozen food products test positive for coronavirus for the first or second time. If the froze...
Sep 11, 2020
Citigroup’s next CEO has Herculean task: turning the bank around for real
By Imani Moise and Svea Herbst-Bayliss NEW YORK (Reuters) - When Jane Fraser takes the helm of Citigroup Inc in February, she will have some big tasks ahead of her. Citigroup, the third-largest U.S. l...
Sep 11, 2020
EU governments and ECB have more to do to overcome crisis, Lagarde says
FRANKFURT (Reuters) - Europe's recovery from a deep recession is incomplete and uneven so there is no room for complacency by governments or the European Central Bank, ECB President Christine Lagarde ...
Sep 11, 2020
Exclusive: Vingroup weighs selling school, health units, sources say, as Vietnam’s biggest firm refocuses
By Phuong Nguyen and James Pearson HANOI (Reuters) - Vietnam's Vingroup is considering selling controlling stakes in its medical and education units, two sources with direct knowledge said, although t...
Sep 11, 2020
Prada says China sales to date largely exceed 2019 levels
MILAN (Reuters) - Luxury goods group Prada's sales in China have recovered strongly since shops reopened there and to date are well above last year's levels, Chief Executive Patrizio Bertelli told Reu...
Sep 11, 2020
