Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: Venezuela wins grace period on China oil-for-loan deals, sources say
By Mayela Armas and Corina Pons CARACAS (Reuters) - Venezuela's government has negotiated an agreement with Chinese banks for a grace period until the end of the year on some $19 billion in loans that...
Aug 12, 2020
Moderna shares jump on $1.5 billion U.S. contract for COVID-19 vaccine
By Manas Mishra (Reuters) - Shares of Moderna Inc rose more than 5% on Wednesday after analysts said a $1.5 billion coronavirus vaccine supply agreement with the U.S. government could lead to similar ...
Aug 12, 2020
Tencent says U.S. executive order only affects WeChat, not its other businesses
SHANGHAI/HONG KONG (Reuters) - Tencent's chief financial officer said on Wednesday that the firm understood that the U.S. executive order was focused on its WeChat app in the United States and not on ...
Aug 12, 2020
U.S. consumer prices accelerate in July; inflation remains under control
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices increased more than expected in July, with a measure of underlying inflation rising by the most in 29-1/2 years as the costs of goods and ...
Aug 12, 2020
Mnuchin declines to say if U.S. COVID-19 aid deal can be reached
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the White House and top Democrats in Congress may not be able to reach a deal on coronavirus aid, in the fifth day ...
Aug 12, 2020
Saudi Aramco plans further spending cuts to pay for dividend: FT
(Reuters) - Saudi Aramco plans to cut its capital spending to a range of $20 billion to $25 billion this year to pay a $75 billion dividend it pledged to investors during its initial public offering l...
Aug 12, 2020
Next Lebanon government to face $30 billion reform test
By Tom Arnold and Ghaida Ghantous LONDON/BEIRUT (Reuters) - Lebanon may be in line for $298 million in emergency aid after the Beirut port blast, but the more than $30 billion some estimate it may nee...
Aug 12, 2020
Microsoft prices its dual-screen Android phone at $1,399, will arrive Sept 10
By Stephen Nellis (Reuters) - Microsoft Corp on Wednesday said the Surface Duo, its dual-screen smartphone powered by Alphabet Inc's Android operating system, will start at a price of $1,399 and arriv...
Aug 12, 2020
Pompeo says tide is turning against untrusted 5G networks
PRAGUE (Reuters) - There is growing understanding among many countries that security issues must be taken into account when developing new-generation 5G communication networks, U.S. Secretary of State...
Aug 12, 2020
Brazil can live with record debt, deficits despite the noise
By Jamie McGeever BRASILIA (Reuters) - Brazil is amassing a record debt that has evoked memories of crises past in South America's largest economy, but some economists say rock-bottom interest rates a...
Aug 12, 2020
