Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Shareholders create coalition to pressure Exxon for change
By Svea Herbst-Bayliss BOSTON (Reuters) - More than 135 investors managing more than $2 trillion are forming a coalition to push Exxon Mobil Corp into making sweeping changes including refreshing its ...
Jan 29, 2021
Column: Oil market on track to rebalance around mid-2021 – Kemp
By John Kemp LONDON (Reuters) - U.S. petroleum inventories have continued to converge down towards the five-year average, a sign that oil market rebalancing remains on track, despite the resurgence of...
Jan 29, 2021
U.S. oil output rises above 11 million bpd in November for first time since April: EIA
NEW YORK (Reuters) - U.S. oil output rose 692,000 barrels per day in November to 11.124 mln bpd, the first time above 11 million bpd since April, according to a monthly report from the U.S. Energy Inf...
Jan 29, 2021
EU lawmakers, Amazon, Apple, Facebook, Google hearing pushed back by 2 months
By Foo Yun Chee BRUSSELS (Reuters) - EU lawmakers, who are gearing up to curb the power of U.S. tech giants, have told Amazon, Apple, Facebook and Alphabet that they are willing to push back a propose...
Jan 29, 2021
White House says U.S.-China trade deal among issues in broad review
By Steve Holland and Andrea Shalal WASHINGTON (Reuters) - The Biden administration will review all national security measures put in place by former President Donald Trump, including the U.S.-China Ph...
Jan 29, 2021
Germany’s financial regulator chief leaves in wake of Wirecard
FRANKFURT (Reuters) - Felix Hufeld will leave the helm of Germany's financial watchdog BaFin after coming under pressure for failing to spot wrongdoing ahead of the collapse of the payments company Wi...
Jan 29, 2021
Biden says action on COVID-19 stimulus needed “now”
WASHINGTON (Reuters) - President Joe Biden said on Friday that Congress needs to take immediate action on his $1.9 trillion COVID-19 relief proposal, adding that economists overwhelmingly believe addi...
Jan 29, 2021
White House says it will defer to SEC on retail stock surge
WASHINGTON (Reuters) - The White House said on Friday that it will leave the retail stock market surge involving shares in GameStop and other companies to market regulators at the Securities and Excha...
Jan 29, 2021
Exclusive-U.S. lobby group urges India not to tighten foreign e-commerce rules
By Aditya Kalra NEW DELHI (Reuters) - A U.S. lobby group which represents firms including Amazon.com and Walmart has urged India not to tighten foreign investment rules for e-commerce companies again,...
Jan 29, 2021
Robinhood raises $1 billion of fresh funding from existing investors
By Anirban Sen, Munsif Vengattil and Juby Babu (Reuters) - Online broker Robinhood has raised more than $1 billion of fresh capital from existing investors, having been strained by high volumes of tra...
Jan 29, 2021
