Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Zoom opens new data center in Singapore
SINGAPORE (Reuters) - Zoom Video Communications has opened a new data center in Singapore, its first in Southeast Asia, it said on Tuesday. Use of Zoom's video conferencing services has surged as huge...
Aug 18, 2020
Home Depot beats quarterly same-store sales estimates
(Reuters) - Home Depot Inc beat quarterly same-store sales estimates on Tuesday, as consumers bought more paint, tools and other home improvement products to do minor repair works while stuck at home ...
Aug 18, 2020
India urges auto companies to cut royalties to foreign parents, say sources
By Aditi Shah NEW DELHI (Reuters) - India's commerce minister has asked automakers to find ways to reduce royalty payments to foreign parent companies for use of technology or brand names, two sources...
Aug 18, 2020
Wall Street holds the cards as Main Street chases blank-check deal frenzy
By Joshua Franklin and Krystal Hu BOSTON/NEW YORK (Reuters) - Josh Black was looking for the next lucrative deal after scoring a 500% profit in a few weeks by investing in electric truck maker Nikola ...
Aug 18, 2020
ECB’s de Guindos says European banks unlikely to fully recover before 2022
MADRID (Reuters) - European banks are unlikely to recover from the coronavirus crisis before 2022, European Central Bank Vice President Luis de Guindos said on Tuesday. The recovery of the bloc's econ...
Aug 18, 2020
From Africa to America, businesses and insurers face survival showdowns
By Emma Rumney and Noor Zainab Hussain PILANESBERG NATIONAL PARK, South Africa (Reuters) - Wynand du Toit's safari camp in South Africa's Pilanesberg National Park lies abandoned, its tents ripped ope...
Aug 18, 2020
Philippine central bank to pause after 4 successive rate cuts: Reuters poll
MANILA (Reuters) - The Philippine central bank is widely expected to pause monetary easing on Thursday after four consecutive rate cuts to save ammunition in case the economy, already in a recession, ...
Aug 18, 2020
UK COVID lending to businesses nears 53 billion pounds
LONDON (Reuters) - British banks' lending to businesses under government-backed COVID-19 loan schemes neared 53 billion pounds ($69.7 billion) as of last weekend, weekly finance ministry figures showe...
Aug 18, 2020
It’s no longer a “bear market rally”: BofA survey
LONDON (Reuters) - Investors are "most bullish" on financial markets since February, when world stocks hit a record high, a Bank of America fund manager survey showed. A net 46% of investors surveyed ...
Aug 18, 2020
S&P warns of rising real rates risk to China’s recovery
SHANGHAI (Reuters) - Rating agency S&P Global warned on Tuesday that China's economic recovery from the novel coronavirus pandemic could be at risk as a combination of rising interest rates and slowin...
Aug 18, 2020
