Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed chief Powell slated for first of week’s three congressional appearances
By Dan Burns and Ann Saphir (Reuters) - U.S. Federal Reserve Chair Jerome Powell on Tuesday makes the first of three appearances on Capitol Hill this week to address lawmakers' questions and concerns ...
Sep 22, 2020
COVID-19 vaccine verdicts loom as next big market risk
By Lewis Krauskopf NEW YORK (Reuters) - Optimism that vaccines are on the way to end the coronavirus pandemic has been a major factor in this year's U.S. stock resurgence. That will face a critical te...
Sep 22, 2020
Exclusive: Hong Kong-listed semiconductor maker ASM Pacific plans to go private: sources
By Kane Wu and Julie Zhu HONG KONG (Reuters) - Hong Kong-listed semiconductor equipment manufacturer ASM Pacific Technology Ltd is in talks with potential investors to help take it private, people wit...
Sep 22, 2020
Chinese tech giant Tencent’s WeChat app sees downloads surge before U.S. ban
HONG KONG (Reuters) - Chinese tech giant Tencent's WeChat messaging app has seen a surge in downloads in the United States since Friday after Washington confirmed it would push ahead with a planned ba...
Sep 22, 2020
Genscript Biotech says Chinese customs raided offices, shares at 20-month low
HONG KONG (Reuters) - Genscript Biotech Corp said customs raided its offices in China in connection with an investigation into suspected violations of import and export regulations, sending the firms'...
Sep 22, 2020
Sequoia Capital China raising $2.2 billion in new yuan fund, say sources
By Kane Wu and Julie Zhu HONG KONG (Reuters) - Investor Sequoia Capital China is raising at least 15 billion yuan ($2.2 billion) in a new yuan-denominated fund, people with knowledge of the matter sai...
Sep 22, 2020
Australia central bank assessing various monetary policy options, A$ slips
By Swati Pandey SYDNEY (Reuters) - Australia's central bank is assessing various monetary policy options including currency market intervention and negative rates to meet its inflation and employment ...
Sep 22, 2020
BlackRock, JPMorgan climate votes at odds as new rules loom
By Ross Kerber BOSTON (Reuters) - Top U.S. asset managers BlackRock Inc and JPMorgan Chase & Co were divided in their support of climate-related proxy resolutions at corporate meetings this year, two ...
Sep 22, 2020
Trump to meet state attorneys general to discuss key U.S. tech liability shield
By David Shepardson and Nandita Bose WASHINGTON (Reuters) - U.S. President Donald Trump plans to meet on Wednesday with a group of Republican state attorneys general about revising a key law that shie...
Sep 21, 2020
Baidu-backed Chinese EV startup WM Motor raises $1.5 billion
BEIJING (Reuters) - Baidu-backed Chinese electric vehicle (EV) startup WM Motor said on Tuesday it has raised 10 billion yuan ($1.47 billion) in its latest funding round. As enthusiasm builds for more...
Sep 21, 2020
