Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Slim majority of economists bet on Malaysia central bank rate cut this week: Reuters poll
By Joseph Sipalan KUALA LUMPUR (Reuters) - Economists are split on whether Malaysia's central bank will cut interest rates this week, with a slim majority in a Reuters poll betting on a rate reduction...
Syndicated Content Sep 08, 2020
How bitcoin met the real world in Africa
By Alexis Akwagyiram and Tom Wilson LAGOS/LONDON (Reuters) - Four months ago, Abolaji Odunjo made a fundamental change to his business selling mobile phones in a bustling street market in Lagos: He st...
Syndicated Content Sep 08, 2020
France’s INSEE confirms forecast of 9% GDP drop in 2020
PARIS (Reuters) - France's INSEE official statistics agency confirmed on Tuesday a forecast of a 9 percent drop in gross domestic product (GDP) in 2020 due to the coronavirus pandemic. French economic...
Syndicated Content Sep 08, 2020
China’s new yuan loans set to rise in Aug, keep economy on recovery path: Reuters poll
BEIJING (Reuters) - China's new bank loans are expected to have risen in August from the previous month, as the central bank sought to keep liquidity flush to support embattled smaller companies and b...
Syndicated Content Sep 08, 2020
ByteDance to hand out cash bonuses to staff amid U.S. pressure on TikTok
By Yingzhi Yang and Brenda Goh BEIJING/SHANGHAI (Reuters) - TikTok owner ByteDance said on Tuesday it would hand out cash bonuses to employees working to help it "overcome challenges posed by the COVI...
Syndicated Content Sep 08, 2020
German business group: It’s hardly possible to legally stop Nord Stream 2
BERLIN (Reuters) - It is almost impossible to halt the Nord Stream 2 gas pipeline from Russia to Germany from a legal perspective, the head of the German Eastern Business Association told Deutschlandf...
Syndicated Content Sep 08, 2020
U.S. shale producers race for federal permits ahead of presidential election
By Jennifer Hiller HOUSTON (Reuters) - Oil producers in the top U.S. shale fields are stockpiling drilling permits on federal land ahead of the November U.S. presidential election, concerned that a wi...
Syndicated Content Sep 08, 2020
China bond inclusion in WGBI may drive $140 billion in inflows: Goldman Sachs
SHANGHAI (Reuters) - The anticipated inclusion of Chinese government bonds in a major global index could draw an additional $140 billion into Chinese bonds, Goldman Sachs estimates, potentially offeri...
Syndicated Content Sep 08, 2020
Exclusive: Exxon downsizes global empire as Wall Street worries about dividend
By Jennifer Hiller HOUSTON (Reuters) - Ill-timed bets on rising demand have Exxon Mobil Corp facing a shortfall of about $48 billion through 2021, according to a Reuters tally and Wall Street estimate...
Syndicated Content Sep 08, 2020
New virus cases knock hopes of reviving Southeast Asia’s holiday hotspots
By Sultan Anshori and Orathai Siring BALI, Indonesia/BANGKOK (Reuters) - A spike in coronavirus infections in Indonesia's holiday island of Bali and Thailand's first locally transmitted case in 100 da...
Syndicated Content Sep 07, 2020
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