Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
OPEC Jan oil output rises for 7th month, Nigeria limits gain-survey
By Alex Lawler LONDON (Reuters) - OPEC oil output has risen for a seventh month in January, a Reuters survey found, after the group and allies agreed to ease record supply curbs further, although an i...
Syndicated Content Jan 29, 2021
J&J COVID-19 vaccine is 72% effective in the U.S., and 66% overall in large trial
By Julie Steenhuysen (Reuters) - Johnson & Johnson on Friday said its single-dose vaccine was 72% effective in preventing COVID-19 in the United States but a lower rate of 66% was observed globally in...
Syndicated Content Jan 29, 2021
Mexico in 2020 suffers worst slump since Great Depression
MEXICO CITY (Reuters) - Mexico's economy last year suffered its biggest annual contraction since the 1930s due to the pandemic, though it recovered stronger than expected in the final quarter, prelimi...
Syndicated Content Jan 29, 2021
U.S. FDA extends review period on Biogen’s Alzheimer’s drug
(Reuters) - Biogen Inc and partner Eisai Co Ltd said on Friday the U.S. Food and Drug Administration has extended the review period by three months for aducanumab, its experimental treatment for Alzhe...
Syndicated Content Jan 29, 2021
Futures drop as short squeeze worries resurface
By Devik Jain and Shreyashi Sanyal (Reuters) - U.S. stock index futures fell on Friday as worries of a short squeeze resurfaced after an army of amateur investors trading in GameStop and other hot sto...
Syndicated Content Jan 29, 2021
Any ‘yes’ from BoE on negative rates is likely to be cautious
By Andy Bruce and Iain Withers LONDON (Reuters) - Heavy caveats and caution are likely to couch any Bank of England announcement next week that negative interest rates are technically possible in Brit...
Syndicated Content Jan 29, 2021
Robinhood restricts buying of fractional shares in GameStop, other hot stocks
(Reuters) - Online brokerage Robinhood said on Friday it was not allowing purchases of parts of shares in GameStop and other stocks, a practice that has encouraged smaller investors by reducing the si...
Syndicated Content Jan 29, 2021
Oil set for slow recovery as vaccines rolled out: Reuters poll
By K. Sathya Narayanan and Bharat Gautam (Reuters) - Oil prices will hover around current levels for much of the year before a recovery gains traction into end-2021 as vaccines help demand gradually e...
Syndicated Content Jan 29, 2021
UK offers to work with allies to combat “unfair behaviour” by China-backed firms
By William James LONDON (Reuters) - Britain will offer to work with the European Union, Japan and America to clamp down on what it calls unfair behaviour by Chinese state-owned enterprises, its trade ...
Syndicated Content Jan 29, 2021
Take Five: Long the Short
1/THE BIG SQUEEZE In just a week, the 'Reddit crowd' trade which squeezed out seasoned hedge funds from GameStop has gone global. Herding on the other side of bearish bets proved so profitable in Game...
Syndicated Content Jan 29, 2021





