Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Asian business confidence rebounds sharply, pandemic casts shadow: Thomson Reuters/INSEAD survey
By Nikhil Nainan BENGALURU, India (Reuters) - Business sentiment among Asian firms rebounded in the third quarter as easing coronavirus restrictions lifted sales but lingering uncertainty over the pan...
Sep 22, 2020
Oil falls after surprise rise in U.S. crude inventories
TOKYO (Reuters) - Oil prices fell on Wednesday after an industry group reported a rise in U.S. crude inventories against expectations for a decline, adding to worries about demand that led to a steep ...
Sep 22, 2020
Sony slides 2% as Microsoft flashes cash to boost games lineup
By Sam Nussey TOKYO (Reuters) - Sony Corp's shares slid as much as 2% in Tokyo trade on Wednesday after Microsoft Corp said it would buy the parent of games publisher Bethesda Softworks, in a deal to ...
Sep 22, 2020
India’s Reliance says KKR to invest $755.1 million in retail arm
BENGALURU (Reuters) - U.S. private equity firm KKR & Co Inc will invest 55.50 billion rupees ($755.09 million) in Reliance Industries Ltd's retail arm, giving the unit a pre-money valuation of 4.21 tr...
Sep 22, 2020
Huawei’s supply chain has been ‘attacked’, says chairman
SHANGHAI (Reuters) - Huawei Technologies [HWT.UL] will do everything it can to strengthen its supply chain which has been "attacked", its rotating Chairman Guo Ping said on Wednesday. Guo was speaking...
Sep 22, 2020
GoodRx sells shares in IPO above target range – source
NEW YORK (Reuters) - GoodRx Holdings Inc on Tuesday priced its initial public offering (IPO) at $33 per share, above its target range, according to a person familiar with the matter. The U.S. online p...
Sep 22, 2020
China has no reason to approve ‘dirty’ TikTok deal – China Daily
SHANGHAI (Reuters) - China has no reason to approve the "dirty and unfair" deal based on "bullying and extortion" that Oracle Corp and Walmart Inc said they struck with ByteDance, the state-backed Eng...
Sep 22, 2020
Japan’s SBI wants to shake up regional banks. It may get a Suga boost
By Junko Fujita, Takashi Umekawa and Takahiko Wada TOKYO (Reuters) - Japanese financial firm SBI Holdings Inc has ambitions to revive struggling regional banks by taking stakes and pushing them into h...
Sep 22, 2020
Dollar holds gains as virus woes hurt euro and sterling
By Stanley White TOKYO (Reuters) - The U.S. dollar held onto gains against major currencies on Wednesday, supported by positive U.S. economic data and concerns about a second wave of coronavirus infec...
Sep 22, 2020
Japan factory activity struggles to recover as output falls – PMI
TOKYO (Reuters) - Japan's factory activity extended declines in September largely due to a sharper fall in output, as the world's third-largest economy struggles to stage a robust recovery from the co...
Sep 22, 2020
