Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
PIMCO appoints insider Kersman to head APAC business
(Reuters) - Bond giant Pacific Investment Management Co (PIMCO) said on Thursday it has named insider Alec Kersman as the new head of its Asia-Pacific business. Kersman, currently the head of strategi...
Feb 24, 2021
Oil prices hit 11-month highs on tighter supplies, Fed assurance on low rates
By Florence Tan SINGAPORE (Reuters) - Oil prices rose for a fourth straight session on Thursday to the highest levels in more than 11 months, underpinned by monetary easing policies and lower crude pr...
Feb 24, 2021
China vows five-year plan dedicated to climate, but growth, security concerns weigh
By Muyu Xu and David Stanway BEIJING (Reuters) - China has promised to dedicate its new "five-year plan" to tackling climate change, but concerns about economic growth and energy security are expected...
Feb 24, 2021
Standard Chartered 2020 pretax profit falls 57%, misses estimates
By Alun John and Lawrence White HONG KONG/LONDON (Reuters) - Standard Chartered PLC (StanChart) on Thursday posted a 57% fall in annual profit, missing analyst estimates, as the Asia-focused bank stru...
Feb 24, 2021
United 777 plane flew fewer than half the flights allowed between checks: sources
WASHINGTON (Reuters) - A United Airlines plane with a Pratt & Whitney engine that failed on Saturday had flown fewer than half the flights allowed by U.S. regulators between fan blade inspections, two...
Feb 24, 2021
Boeing working with regulators, customers on return of 737 MAX in Asia: executive
SINGAPORE (Reuters) - Boeing Co is working with regulators and customers to return the 737 MAX to the skies in Asia, a senior executive said on Thursday, where it remains grounded nearly two years aft...
Feb 24, 2021
European stocks set for record highs in 2021: Reuters poll
By Julien Ponthus and Danilo Masoni LONDON/MILAN (Reuters) - A rebound in corporate profits is expected to send European stocks to record highs by the end of 2021, a year during which massive fiscal a...
Feb 24, 2021
S&P 500 to gain 6% in rest of 2021: Reuters poll
By Caroline Valetkevitch NEW YORK (Reuters) - A surprisingly sharp rebound in the economy and earnings will drive further gains in U.S. stocks this year, though the S&P 500 is likely to end 2021 less ...
Feb 24, 2021
Brazil enacts law guaranteeing central bank autonomy
BRASILIA (Reuters) - Brazilian President Jair Bolsonaro signed into law on Wednesday a legislation that establishes the autonomy of the country's central bank to make sure it is free of political inte...
Feb 24, 2021
Asian open higher as Fed’s Powell nixes inflation fears
By Echo Wang MIAMI (Reuters) - Asian stocks perked up on Thursday after U.S. Federal Reserve Chair Jerome Powell reaffirmed interest rates would stay low, calming market fears that higher inflation mi...
Feb 24, 2021
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