Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
No funds available: Depositors at India’s PMC Bank survive on loans, charity
By Abhirup Roy and Aditya Kalra MUMBAI/NEW DELHI (Reuters) - In February, 82-year-old Kishan Lal appealed to India's finance minister for help, saying in a Twitter message he was ready to donate his k...
Aug 25, 2020
BOJ to stand pat even as Japan set to slump into deflationL ex-central banker
By Leika Kihara and Takahiko Wada TOKYO (Reuters) - Japan will slide into mild deflation for the next three years as the coronavirus crisis crushes demand and leads to more job losses, but the Bank of...
Aug 25, 2020
Australia’s Zip teams up with eBay for flexible credit to businesses; shares soar
(Reuters) - Australia's Zip Co Ltd on Wednesday said it had partnered with eBay Inc to offer flexible credit to small- and medium-sized businesses on the e-commerce platform, sending its shares to a r...
Aug 25, 2020
Dollar stutters before Powell’s speech as economic concerns mount
By Stanley White TOKYO (Reuters) - The dollar nursed losses against most currencies on Wednesday as traders braced for U.S. data expected to show a slowdown in durable goods orders and a key speech by...
Aug 25, 2020
Asian stocks set for cautious gains on Sino-U.S. trade hopes
By Katanga Johnson WASHINGTON (Reuters) - Asian stock were set for a choppy session on Wednesday, following a mixed Wall Street lead as markets cheered signs of progress in U.S.-Sino trade negotiation...
Aug 25, 2020
Thiel-backed Palantir to go public via direct listing, reveals 2019 loss of $580 million
By Anirban Sen and Joshua Franklin (Reuters) - Palantir Technologies on Tuesday filed to go public through a direct listing, as the data analytics company known for working with the Central Intelligen...
Aug 25, 2020
Ex-Trump adviser Cohn seeks $600 million for blank-check company IPO
By Joshua Franklin NEW YORK (Reuters) - Gary Cohn, the former economic adviser to U.S. President Donald Trump, has teamed up with investor Clifton S. Robbins to seek $600 million in an initial public ...
Aug 25, 2020
Brazil’s Petrobras pays back $2.1 billion in revolving credit
RIO DE JANEIRO (Reuters) - Brazilian state-run oil firm Petrobras has made an early repayment on $2.1 billion of revolving credit lines, it said on Tuesday. In a securities filing, Petroleo Brasileiro...
Aug 25, 2020
Princess Cruises cancels early 2021 voyages on two ships over COVID-19 restrictions
(Reuters) - Carnival Corp's Princess Cruises said on Monday it would cancel early 2021 cruises on two ships, citing travel, border and port restrictions due to the COVID-19 pandemic. Cruise lines, ham...
Aug 25, 2020
German coalition agrees to extend corona relief for economy
BERLIN (Reuters) - German coalition parties agreed on Tuesday to extend measures to counter the economic impact of the coronavirus pandemic, such as prolonging short-time work subsidies, leader of the...
Aug 25, 2020
