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

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...

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...

(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...

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...

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 ...

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...

By Tushar Goenka BENGALURU (Reuters) - Global funds recommended increasing equity allocations to the highest in a year, saying stock prices were likely to rise or stay around current levels in the nex...

By Paul Carrel and Leigh Thomas BERLIN/PARIS (Reuters) - Growth in Germany and Spain and a smaller-than-expected contraction in France pointed to resilience in the euro zone economy in the final three...

(Reuters) - Eli Lilly and Co posted a 41.5% rise in fourth-quarter profit on Friday, helped by higher demand for its diabetes drugs and a successful launch of its COVID-19 antibody treatment. Net earn...

By Beln Carreo and Nathan Allen MADRID (Reuters) - Spain's pandemic-hit economy recorded its steepest contraction on record in 2020, and increasingly tough COVID-19 restrictions imposed since the turn...