Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks
TOKYO (Reuters) - Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts had expected, bolstering hopes that fuel demand in the wor...
Aug 11, 2020
Taiwan probes foreign banks over grain firms’ arbitrage
TAIPEI (Reuters) - Taiwan's central bank is investigating the actions of five foreign banks for their involvement in some $8 billion in net trading positions on the deliverable forwards market, four s...
Aug 11, 2020
New Zealand’s central bank expands QE, holds rates steady
WELLINGTON (Reuters) - The Reserve Bank of New Zealand (RBNZ) on Wednesday held its official cash rate at 0.25% in a widely expected decision and expanded its large scale asset purchase (LSAP) program...
Aug 11, 2020
Australian second quarter wage growth lowest ever as pandemic rages
SYDNEY (Reuters) - Australian wages grew at the slowest pace on record last quarter in another hit to household spending power when the coronavirus pandemic has already ruptured consumer confidence an...
Aug 11, 2020
Chile´s Senate approves trade pact with Brazil
SANTIAGO (Reuters) - Chiles Senate approved late on Tuesday a free trade agreement with Brazil, cementing the South American nations long-standing relationship with its top trade partner in Latin Amer...
Aug 11, 2020
Brazilian airline Azul reaches deal to cut aircraft leasing costs
SAO PAULO (Reuters) - Brazilian airline Azul SA said on Tuesday it had reached an agreement with its aircraft lessors that would help it save some 3.2 billion reais ($594.61 million) in working capita...
Aug 11, 2020
Dollar buoyed by jump in U.S. bond yields
By Tom Westbrook SINGAPORE (Reuters) - The dollar found support on Wednesday, as a jump in U.S. yields pushed it higher against the Japanese yen and investors wagered on a broader and deeper U.S. coro...
Aug 11, 2020
Mexico’s new warning labels on junk food meet supersized opposition from U.S., EU
By Anthony Esposito MEXICO CITY (Reuters) - The United States, European Union, Canada and Switzerland, home to some of the world's biggest food companies, have pressed Mexico to delay upcoming health ...
Aug 11, 2020
Asian markets set for mixed trade amid U.S. stimulus wrangling
By Lawrence Delevingne BOSTON (Reuters) - Asian stocks were set for choppy trade on Wednesday after Wall Street dipped amid growing uncertainty about an additional round of U.S. fiscal stimulus. New Z...
Aug 11, 2020
Brazil’s privatization czar resigns amid economic slowdown
BRASILIA (Reuters) - Brazil's privatization secretary Salim Mattar resigned on Tuesday, economy minister Paulo Guedes said, suggesting he was leaving the government because of the slow pace of privati...
Aug 11, 2020
