Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
UK finance minister Sunak sees promising signs after record GDP hit
LONDON (Reuters) - British finance minister Rishi Sunak said there were some "promising signs" that the country's economy was recovering from its record economic crash during the coronavirus lockdown ...
Aug 12, 2020
Telecoms lift European stocks after Sunrise buyout offer
(Reuters) - Telecoms stocks boosted European bourses on Wednesday following Liberty Global's takeover offer for Sunrise Communications, while London's FTSE 100 gained on bets of domestic stimulus afte...
Aug 12, 2020
U.S. shoes company Skechers opens flagship Paris store
PARIS (Reuters) - Skechers has opened a new flagship store in Paris, on the city's well-known Rue de Rivoli, near the Louvre and other major tourist sites, the U.S. trainers and shoes company said on ...
Aug 12, 2020
China’s Tencent starts fund advisory services to tap asset management
SHANGHAI (Reuters) - Chinese tech giant Tencent Holding is making forays into fund advisory services, vying for a share of the potentially lucrative market with rival Alibaba Group Holding Ltd , which...
Aug 12, 2020
Apple supplier Foxconn posts better-than expected second quarter profit
TAIPEI (Reuters) - Foxconn, the world's largest contract electronics manufacturer , reported a better-than-expected quarterly profit on Wednesday, as rising telecommuting demand amid the coronavirus p...
Aug 12, 2020
UK economic output collapses by 20.4% in second quarter
LONDON (Reuters) - Britain's economy shrank by a record 20.4% between April and June, when the coronavirus lockdown was tightest, the largest contraction reported by any major economy so far, official...
Aug 12, 2020
Column: Markets second-guess policy rollback – Mike Dolan
By Mike Dolan LONDON (Reuters) - The once resolute "whatever it takes" message of government support for pandemic-hit economies is fraying at the margins as some recovery from the COVID-19 shock emerg...
Aug 12, 2020
Ticking Timebomb? Thousands of Australian mortgages propped up by virus benefits
By Byron Kaye SYDNEY (Reuters) - Nearly 20,000 Commonwealth Bank of Australia mortgages are held by people receiving jobless benefits due to COVID-19, raising concerns for the economy of possible forc...
Aug 12, 2020
