Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Alibaba, Xiaomi to join Hong Kong’s Hang Seng Index
HONG KONG (Reuters) - E-commerce conglomerate Alibaba , handset maker Xiaomi and WuXi Biologics will enter the Hang Seng next month, broadening Hong Kong's traditionally financial services-dominated i...
Aug 14, 2020
Wall Street futures retreat as China data disappoints
By Ambar Warrick and Medha Singh (Reuters) - U.S. stock index futures retreated on Friday with attention turning to retail sales figures for signs of a domestic rebound after Chinese figures pointed t...
Aug 14, 2020
Coronavirus vaccine developer CureVac raises $213.3 million in U.S. IPO
(Reuters) - CureVac BV said on Friday it raised $213.3 million in its initial public offering in New York, setting the stage for the first stock market debut of a company developing a potential vaccin...
Aug 14, 2020
EU states ‘highly concerned’ by U.S. stance on Nord Stream pipeline: report
FRANKFURT (Reuters) - A majority of EU member states view U.S. sanctions in connection with the construction of the Nord Stream 2 gas pipeline under the Baltic Sea as a breach of international law, Ge...
Aug 14, 2020
Take Five: Impasse!
1/WALL STREET WATCHES WASHINGTON U.S. lawmakers negotiating a fresh dose of stimulus have reached an impasse. Trillions of dollars injected by the Federal Reserve and huge government spending increase...
Aug 14, 2020
Investors in Belarus face ‘dictator dilemma’, Putin may hold the key
By Marc Jones LONDON (Reuters) - Investors face a classic 'dictator dilemma' in Belarus - hold on to securities that benefit from the status quo in a brutal regime, or sell them and sever their ties -...
Aug 14, 2020
Euro zone trade surplus surges as imports drop, GDP and employment in record fall
BRUSSELS (Reuters) - The euro zone's trade surplus with the rest of the world jumped in June to 21.2 billion euros ($25 billion) as the bloc's drop in imports of goods outpaced the fall of exports ami...
Aug 14, 2020
Hong Kong second-quarter GDP shrinks 9% year-on-year, full-year outlook downgraded
HONG KONG (Reuters) - Hong Kong's economy shrank 9.0% in the second quarter compared with a year earlier, the government said on Friday, as the coronavirus pandemic continued to severely hit the city....
Aug 14, 2020
Gold rush at Turkish bazaar a test of trust for lowly lira
By Ezgi Erkoyun and Jonathan Spicer ISTANBUL (Reuters) - Hasan Ayhan followed his wife's instructions last week and took their savings to buy gold at Istanbul's Grand Bazaar as Turks scooped up bullio...
Aug 14, 2020
Taiwan lowers 2020 GDP forecast again on pandemic impact
TAIPEI (Reuters) - Taiwan's economy is expected to grow 1.56% in 2020, the statistics agency said on Friday, downgrading a previous forecast of 1.67% predicted in May due to the impact of the coronavi...
Aug 14, 2020
