Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Futures jump as higher oil prices boost energy stocks
By Medha Singh (Reuters) - U.S. stock index futures rose on Wednesday following a pullback on Wall Street in the previous session, as resilient fuel demand drove up oil prices, while investors remaine...
Aug 12, 2020
U.S. companies should consider slavery reparations, Vista Equity CEO says
By Jessica DiNapoli (Reuters) - The COVID-19 pandemic has hit Black Americans especially hard after decades of social and economic injustices, but it also presents an opportunity for systemic change, ...
Aug 12, 2020
Investors revalue Chinese tech giants after U.S. ban
By Samuel Shen and Scott Murdoch SHANGHAI/HONG KONG (Reuters) - Stock investor Zhu Haifeng halved his once-cherished holdings in Chinese tech giants Tencent and Alibaba after the United States announc...
Aug 12, 2020
Regulator warning ends Hong Kong’s Next Digital share rally
HONG KONG (Reuters) - Shares of Next Digital Ltd tumbled over 40% on Wednesday after soaring more than 1,000% in the last two sessions, as the securities watchdog said it was monitoring trading activi...
Aug 12, 2020
EU reinstates trade duties on some Cambodian imports over human rights violations
BRUSSELS (Reuters) - The European Union on Wednesday withdrew preferential market access to Cambodian products such as garments and footwear, hitting about a fifth of the country's exports to the bloc...
Aug 12, 2020
UK says trade talks with U.S. continue to make positive progress
LONDON (Reuters) - Britain said its latest round of trade talks with the United States made positive progress in many areas, and that both sides agreed negotiations should continue at pace in the comi...
Aug 12, 2020
Tencent second-quarter profit beats as games outperform
HONG KONG (Reuters) - Chinese gaming and social media giant Tencent Holdings Ltd said second-quarter net profit rose 37%, beating market estimates, on higher demand for its video games as coronavirus-...
Aug 12, 2020
Euro zone industry output rebound disappoints for second straight month
BRUSSELS (Reuters) - Euro zone industrial production rose in June, official data showed on Wednesday, but the rebound after coronavirus-induced record drops in March and April was below expectations f...
Aug 12, 2020
China to raise issues surrounding WeChat, TikTok in trade talks with U.S.: Bloomberg
(Reuters) - Trade negotiators from the United States and China will discuss the implementation of the phase one trade deal in the coming days, with China likely to bring up issues surrounding TikTok a...
Aug 12, 2020
Smartphone shipments in China plunge 35% in July: government data
SHANGHAI (Reuters) - Smartphone shipments in China plunged 35% in July compared with a year earlier, government data released on Tuesday shows. The numbers suggest handset demand in China remains weak...
Aug 12, 2020
