Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
French government to unveil economic recovery plan on September 3: PM
PARIS (Reuters) - The French government will unveil its economic recovery plan on Sept. 3, Prime Minister Jean Castex said on Wednesday. The government said on Saturday it would present details of its...
Aug 26, 2020
Asset managers in China tech ETF race as U.S. tensions stir investor fever
SHANGHAI (Reuters) - Asset managers are racing to launch index funds tracking China's top technology companies, capitalising on investor fervour stirred by Sino-U.S. tensions, and fuelled by Ant Group...
Aug 26, 2020
China will release funds to local governments more quickly to boost economy
BEIJING (Reuters) - China will speed up the release of special funds to local governments to support the economy, vice finance minister Xu Hongcai told reporters on Wednesday. The government has said ...
Aug 26, 2020
Banks in bonus balancing act as economies shrink but markets boom
By Sinead Cruise LONDON (Reuters) - Major international banks may still pay out big bonuses to high flyers this year even as the pandemic saps the global economy, as fears of losing talent to rivals d...
Aug 26, 2020
Column: Public confidence, often inscrutable, pivotal for recovery – Mike Dolan
By Mike Dolan LONDON (Reuters) - Public confidence in virus control, rather than the length and stringency of government lockdowns, may be the best way to gauge how economies emerge from this year's p...
Aug 26, 2020
Boom or bust? Welcome to the freewheeling world of crypto lending
By Tom Wilson LONDON (Reuters) - It sounds like a surefire bet. You lend money to a borrower who puts up collateral that exceeds the size of the loan, and then you earn interest of about 20%. What cou...
Aug 26, 2020
Australian banks use bloated cash balances to reduce debt
By Paulina Duran SYDNEY (Reuters) - Australian banks are making the most of ample cash during the coronavirus pandemic - driven by government wage subsidies, capital raisings, and higher individual de...
Aug 26, 2020
Ant Group delivers timely boost to Hong Kong listing market
By Scott Murdoch HONG KONG (Reuters) - Ant Group's planned sale of up to $30 billion worth of shares is set to revive fortunes for Hong Kong Exchanges and Clearing Ltd (HKEX) which fell to fifth rank ...
Aug 26, 2020
‘All girls, buy it!’ In China, Perfect Diary gives cosmetics world a makeover with live streams, low prices
By Sophie Yu and Scott Murdoch BEIJING/HONG KONG (Reuters) - With chat groups, video streams and low prices for foundation, China's Perfect Diary has emerged from nowhere four years ago to become a co...
Aug 26, 2020
Brent rises on U.S. output cuts ahead of biggest storm threat in 15 years
By Jessica Jaganathan SINGAPORE (Reuters) - The price of Brent crude oil edged higher on Wednesday, lifted by U.S. producers shutting most of their offshore output in the Gulf of Mexico ahead of Hurri...
Aug 25, 2020
