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

JAKARTA (Reuters) - Indonesia's soon-to-be launched sovereign wealth fund is targeting $20 billion in investment in the next few months, President Joko Widodo said. "Maybe in the next two months, the ...

WASHINGTON (Reuters) - The United States plans to announce additional Iran sanctions on Friday related to conventional arms and to the metals industry, sources familiar with the matter said. The sourc...

(Reuters) - Citigroup Inc reported a 7% decline in fourth-quarter profit on Friday but easily beat Wall Street expectations, as an improving economic outlook allowed it to release cash it had previous...

(Reuters) - Wells Fargo & Co reported a surprise quarterly profit on Friday, as stabilizing credit costs helped offset the hit from low-interest rates meant to prop up the ailing economy during the CO...

BRUSSELS (Reuters) - The European Commission welcomed a $1.9 trillion stimulus package proposed by President-elect Joe Biden to help the U.S. economy deal with the COVID-19 pandemic, but said its full...

By David Randall NEW YORK (Reuters) - A blistering rally in the shares of regional banks may be tested when a spate of lenders report results in the coming week. Regional banks in the S&P 500 have sur...

(Reuters) - JPMorgan Chase & Co reported a higher fourth-quarter profit on Friday, as strength in trading and investment banking offset the drag of low borrowing rates on interest income at the larges...

(Reuters) - BMW said on Friday that it aims to double its sales of fully-electric vehicles this year as the German carmaker and rivals race to release new models to comply with CO2 emissions targets a...

By Devik Jain (Reuters) - U.S. stock index futures slipped on Friday as optimism over a $1.9 trillion stimulus plan unveiled by incoming President Joe Biden faded with investors turning to quarterly r...

HONG KONG (Reuters) - BlackRock has sold almost all its stake in China Telecom, a company subject to a new ban on U.S. investment, a stock market filing on Friday showed. The move comes as U.S. invest...