Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
TikTok troubles narrow gap between Beijing and ByteDance founder Zhang Yiming
By Yingzhi Yang, Yew Lun Tian and Julie Zhu BEIJING/HONG KONG (Reuters) - ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese govern...
Sep 05, 2020
Japan’s Suga says would like to see continuation of easing policies: Nikkei
TOKYO (Reuters) - Japan's Chief Cabinet Secretary Yoshihide Suga said on Saturday that he highly approves of Bank of Japan Governor Haruhiko Kuroda and that he would like to see a continuation of easi...
Sep 05, 2020
Exclusive: Goldman Sachs joins Ant’s up to $30 billion IPO banking syndicate, sources say
By Julie Zhu, Kane Wu and Scott Murdoch HONG KONG (Reuters) - Goldman Sachs has joined the growing list of investment banks working on Chinese financial technology firm Ant Group's initial public offe...
Sep 05, 2020
China auto revenue, profit likely flat this year, official says
TIANJIN, China (Reuters) - China's auto industry will likely maintain steady revenues and profits this year despite slight declines in production and vehicle sales, a government official said on Satur...
Sep 04, 2020
Japan’s Suga signals focus on protecting jobs, rules out sales tax cut
TOKYO (Reuters) - Japan's Chief Cabinet Secretary Yoshihide Suga said on Saturday the new prime minister must continue to protect companies and jobs, mainly through pay-outs and loans, to cushion the ...
Sep 04, 2020
Argentina’s GDP to fall 12% in 2020 due to COVID-19, central bank poll says
By Maximilian Heath BUENOS AIRES (Reuters) - Argentina's economy is likely to contract 12% in 2020 due to the effects of the COVID-19 pandemic, a central bank survey of economists showed on Friday, a ...
Sep 04, 2020
Buffett’s Berkshire slashes Wells Fargo stake
(Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Friday it had cut its Wells Fargo & Co stake to 3.3%, further reducing what had once been a $32 billion investment in the bank. Berkshire sa...
Sep 04, 2020
French rainmaker Maris breaks up with boutique partner Messier
By Pamela Barbaglia LONDON (Reuters) - Star banker Erik Maris is in the process of leaving investment banking boutique Messier Maris & Associs after a power struggle with partner Jean-Marie Messier, t...
Sep 04, 2020
Exclusive: Softbank partners with India’s Oyo in Latam in move for more oversight
By Carolina Mandl, Aditi Shah and Anirban Sen SAO PAULO/NEW DELHI/BENGALURU (Reuters) - Softbank Group is taking a direct role in managing its virus-hit hospitality startup Oyo's operations in Latin A...
Sep 04, 2020
Tesla not added to S&P 500 in latest index changes
(Reuters) - Tesla Inc was not part of the companies to be added to the S&P 500 as per a list unveiled by the index's manager S&P Dow Jones Indices on Friday. Etsy Inc , Catalent Inc and Teradyne Inc w...
Sep 04, 2020
