(Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

Sweden turns down Norwegian Air’s credit guarantee application

STOCKHOLM (Reuters) - The Swedish National Debt Office said on Tuesday it had rejected an application by Norwegian Air's Swedish branch for a state credit guarantee under a guarantee programme for air...

Syndicated Content Aug 18, 2020

Pressured equity: Asia buyout firms struggle with COVID-hit portfolio

By Kane Wu and Anshuman Daga HONG KONG/SINGAPORE (Reuters) - Baring Private Equity Asia and CITIC Capital have sold the China business of Wall Street English (WSE) at a deep discount in just over two ...

Syndicated Content Aug 18, 2020

Indonesia posts biggest trade surplus in 9 years in July

JAKARTA (Reuters) - Indonesia posted its biggest trade surplus since 2011 in July, more than expected, as exports improved while domestic demand for imports remained subdued due to the coronavirus out...

Syndicated Content Aug 18, 2020

Hit by COVID-19 cases, Starbucks Korea cuts seat capacity, delays event

SEOUL (Reuters) - Starbucks Corp's South Korean operation is scrambling to curb the spread of coronavirus, cutting seating capacity in its cafes and delaying a promotional event after nearly 50 cases ...

Syndicated Content Aug 18, 2020

Trump rejects proposal to cut military healthcare by $2.2 billion

(Reuters) - U.S. President Donald Trump said late on Monday he has rejected a Pentagon proposal to cut military healthcare by $2.2 billion. Politico reported https://politi.co/2E5GqQS on Sunday that P...

Syndicated Content Aug 18, 2020

China’s Ant Group plans consumer finance firm in growth push ahead of IPO

By Julie Zhu HONG KONG (Reuters) - Ant Group, Alibaba's fintech arm and China's dominant mobile payments company, plans to set up a consumer finance firm in the southwestern city of Chongqing, expandi...

Syndicated Content Aug 18, 2020

China-backed AIIB approves $100 million loan to Uzbekistan to fight COVID-19

BEIJING (Reuters) - Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Tuesday it would lend $100 million to Uzbekistan to help the country deal with the COVID-19 pandemic and future p...

Syndicated Content Aug 18, 2020

Malaysia’s July CPI falls 1.3% year-on-year, in line with forecast

KUALA LUMPUR (Reuters) - Malaysia's consumer price index (CPI) fell for the fifth month in a row in July, contracting 1.3% from a year earlier, government data showed on Tuesday. The drop was in line ...

Syndicated Content Aug 18, 2020

Taiwan July export orders likely to rise for fifth straight month: Reuters poll

TAIPEI (Reuters) - Taiwan's export orders likely rose in July for the fifth consecutive month, a Reuters poll showed, buoyed by robust global demand for technology products during coronavirus lockdown...

Syndicated Content Aug 17, 2020

Malaysia launches 500 million ringgit sukuk for COVID-19 recovery

KUALA LUMPUR (Reuters) - Malaysia's finance ministry on Tuesday launched a 500 million ringgit ($119.45 million) sukuk as part of the government's efforts to raise funds for their coronavirus economic...

Syndicated Content Aug 17, 2020

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