Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Liquidation business booms in South Korea as wave of small retailers close due to virus
By Cynthia Kim and Hyun Young Yi SEOUL (Reuters) - You Young-sik has tried his luck running businesses, but when his convenience store, a sausage factory and a second-hand furniture shop all failed, h...
Sep 08, 2020
Japan’s households, firms keep hoarding cash at record pace as COVID-19 strains broaden
By Leika Kihara TOKYO (Reuters) - Japan's currency in circulation and bank deposits rose at a record annual pace in August as companies and households continued to pile up cash to guard against the co...
Sep 08, 2020
Dollar and yen rise as tech selloff sends investors to safety
By Tom Westbrook SINGAPORE (Reuters) - The dollar held its gains on Wednesday, as a stockmarket slide spilled over into selling of riskier currencies and an oil slump weighed on commodity currencies, ...
Sep 08, 2020
SoftBank share slide 5% on U.S. tech rout
TOKYO (Reuters) - SoftBank Group Corp shares fell 5% in early trading on Wednesday as investors worried about the Japanese conglomerate's exposure to U.S. tech stocks, which slid for the third straigh...
Sep 08, 2020
UK firms, worried about pandemic and Brexit, hire temp workers
LONDON (Reuters) - British firms hired temporary staff in August at the fastest pace since the end of 2018 as they tried to recover from the COVID-19 lockdown but remained wary of the pandemic and the...
Sep 08, 2020
Asian markets set to come under pressure after another down day on Wall Street
By Jessica DiNapoli NEW YORK (Reuters) - Asian stocks were set to come under pressure on Wednesday after Wall Street sank for the third consecutive day led by declines in heavyweight technology compan...
Sep 08, 2020
Warren Buffett’s Duracell sues Energizer over battery life claims
By Jonathan Stempel NEW YORK (Reuters) - Duracell, the battery unit of Warren Buffett's Berkshire Hathaway Inc , sued the maker of Energizer batteries on Tuesday, accusing it falsely advertising that ...
Sep 08, 2020
South Korea August jobless rate logs fastest monthly drop since 1999
SEOUL (Reuters) - South Korea's unemployment rate dropped in August by the sharpest monthly decline since 1999 as more people stopped looking for work amid the coronavirus pandemic and floods. The sea...
Sep 08, 2020
Explainer: What we know about China’s ‘dual circulation’ economic strategy
By Kevin Yao BEIJING (Reuters) - China has unveiled a "dual circulation" strategy to cut its dependence on overseas markets and technology in its long-term development, a shift brought on by a deepeni...
Sep 08, 2020
Northrop Grumman wins $13.3 billion missile replacement contract
(Reuters) - Defense contractor Northrop Grumman Corp said on Tuesday it was awarded a $13.3 billion contract by the U.S. Air Force to modernize the country's intercontinental ballistic missile system....
Sep 08, 2020
