Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Australian banks start asking for loan repayments after six-month virus grace period
By Byron Kaye SYDNEY (Reuters) - Australia's banks said on Monday they have started asking customers to pay back loans after giving them a six month hiatus due to the coronavirus, prompting concerns s...
Sep 06, 2020
Dollar steadies after U.S. jobs report, focus shifts to ECB meeting
By Eimi Yamamitsu TOKYO (Reuters) - The dollar steadied in holiday-thinned trade on Monday after U.S. jobs data showed job growth slowed further in August, while traders shifted their focus to the Eur...
Sep 06, 2020
Asian shares start cautiously amid elevated valuations, oil skids
By Swati Pandey SYDNEY (Reuters) - Asian shares started Monday on the backfoot as investors grapple with sky-high valuations against the backdrop of a global economy in the grip of a deep coronavirus-...
Sep 06, 2020
Oil drops more than $1 after Saudi price cuts, demand optimism fades
By Florence Tan SINGAPORE (Reuters) - Oil prices dropped more than $1 a barrel on Monday, hitting their lowest since July, after Saudi Arabia made the deepest monthly price cuts for supply to Asia in ...
Sep 06, 2020
Samsung Elec wins $6.7 billion Verizon order for network equipment
SEOUL (Reuters) - Samsung Electronics said on Monday its U.S. unit won a 7.9 trillion won ($6.7 billion) order to provide wireless communication solutions to Verizon in the United States. The order is...
Sep 06, 2020
SoftBank shares down 3% after media reports of tech firm bets
TOKYO (Reuters) - SoftBank Group Corp shares fell 3% in early trading on Monday following media reports that the conglomerate made big bets on equity derivatives tied to listed tech companies. (Report...
Sep 06, 2020
Australia turns to idled factories to pull it out of COVID slump
SYDNEY (Reuters) - In 2017, the last car Australia built rolled out of a General Motors' plant in the city of Adelaide, ending seven decades of local automotive history and the belief that the country...
Sep 06, 2020
Death knell sounds for some of Japan’s oldest department stores
TOKYO (Reuters) - After more than three centuries in business, the Onuma department store in northern Japanese city of Yamagata began bankruptcy proceedings this year - one of many distinguished depar...
Sep 06, 2020
Australia’s CSL agrees to manufacture two COVID-19 vaccine candidates
(Reuters) - Pharmaceutical company CSL Ltd said on Monday it had agreed to manufacture a COVID-19 vaccine being developed by AstraZeneca and Oxford University if trials prove successful, with doses fo...
Sep 06, 2020
Johnson tells EU to agree trade deal by October 15 or ‘move on’
LONDON (Reuters) - Britain has set a deadline of Oct. 15 to strike a free-trade deal with the European Union, and if none is agreed both sides should "accept that and move on," UK Prime Minister Boris...
Sep 06, 2020
