Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Sherborne sticks firm to Barclays revamp plan despite plunging NAV
LONDON (Reuters) - Activist Sherborne Investors has committed to pursuing a shake-up in the management and strategy at Barclays , despite posting a 56% fall in its net asset value (NAV) in the last si...
Aug 20, 2020
Bulls move deeper on most Asian currencies on recovery hopes: Reuters poll
By Nikhil Nainan BENGALURU (Reuters) - Long positions across most Asian currencies were comfortably raised, a Reuters poll found, as investors turn increasingly optimistic of the region's economic reb...
Aug 20, 2020
Ex-Warburg real estate veteran to team up with Hillhouse
By Kane Wu and Julie Zhu HONG KONG (Reuters) - A former Warburg Pincus LLC managing director focusing on Asia real estate has left the firm to explore opportunities with Hillhouse Capital Group, sourc...
Aug 20, 2020
Rakuten CEO urges review of Japan’s COVID-19 entry curbs on foreigners
By Chris Gallagher TOKYO (Reuters) - Rakuten Inc Chief Executive Hiroshi Mikitani has urged Japan's government to review its entry restrictions on foreign nationals, saying prolonged imposition of COV...
Aug 19, 2020
Telco SoftBank ‘pleased’ 5G network given ‘clean’ status by U.S. government
By Sam Nussey TOKYO (Reuters) - Japanese wireless carrier SoftBank Corp said on Thursday it was "pleased" its 5G network had been given "clean" status by the U.S. government as part of the U.S. effort...
Aug 19, 2020
Facebook wins preliminary approval to settle facial recognition lawsuit
(Reuters) - Facebook Inc won preliminary approval late on Wednesday from a federal court for settlement of a lawsuit that claimed it illegally collected and stored biometric data of millions of users ...
Aug 19, 2020
Brazil’s Guedes slams Senate overturning presidential veto on public sector pay rise
BRASILIA (Reuters) - Brazil's Economy Minister Paulo Guedes called a Senate decision on Wednesday to overturn a presidential veto blocking public sector pay rises during the COVID-19 pandemic a "disas...
Aug 19, 2020
China keeps lending benchmark LPR steady for fourth straight month, in line with market
SHANGHAI (Reuters) - China kept its benchmark lending rate for corporate and household loans steady as expected for the fourth straight month at its August fixing on Thursday. The one-year loan prime ...
Aug 19, 2020
Millions of Chinese investors rushed into July’s stock market rally
SHANGHAI (Reuters) - China reported the largest number of new stock investors in five years in July, as millions of individuals rushed into a buoyant share market, boosting trading turnover and broker...
Aug 19, 2020
Oil eases on demand risks, U.S. stockpile data
TOKYO (Reuters) - Oil prices fell on Thursday as major producers warned of a risk to the recovery in demand if the coronavirus crisis is prolonged, while U.S. crude inventories dropped less than expec...
Aug 19, 2020
