Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Takashi Umekawa TOKYO (Reuters) - Japan's Sumitomo Mitsui Financial Group is likely to halt all new financing to coal-fired power plants, including the most efficient ones, two sources said, reflec...

By Tom Arnold LONDON (Reuters) - Sovereign wealth funds will have to navigate growing regulatory scrutiny across some of their favoured areas for investment such as pharmaceuticals, infrastructure, te...

By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd is considering two sites in Arizona and another one in New York in addition to Austin, Texas, for a new $17 billion chip plant, according to d...

By Sophie Yu and Brenda Goh SHANGHAI (Reuters) - China fined on Wednesday five community group-buying platforms owned and backed by the likes of Meituan, Pinduoduo, Tencent Holdings, Alibaba Group and...

By Nivedita Balu and Marcelo Teixeira (Reuters) - Coffee processors in the United States, the world's largest consumer of the beverage, are reporting significant cost increases in their operations, mo...

By Jennifer Hiller (Reuters) - The once-brash U.S. shale industry, which spent profusely in recent years to grab market share, is now focused on preserving cash, putting it at a disadvantage to low-co...

By Maiya Keidan (Reuters) - A sharp spike in bond yields last week caught some hedge funds unaware, and saw macro and long-short funds in general give back February profits to end the month modestly u...

By David Shepardson WASHINGTON (Reuters) - The United States faces a $2.59 trillion shortfall in infrastructure needs that requires a massive jump in government spending to address crumbling roads, br...

BRASILIA (Reuters) - Brazil's state-run oil firm Petrobras said late on Tuesday that four of its board members would leave at the end of their terms, requesting not to be reappointed after President J...

By Danilo Masoni and John Revill (Reuters) - The listed shares of the Japanese and Swiss central banks rose sharply this week, without any apparent reason, possibly reflecting high levels of investor ...