Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China’s services activity growth slows in December – official PMI
BEIJING (Reuters) - Activity in China's services sector expanded at a slower but still strong pace in December, official data showed on Thursday, supported by pent-up demand as the recovery from the c...
Dec 30, 2020
China’s factory activity expands at slower pace in Dec- official PMI
By Gabriel Crossley BEIJING (Reuters) -China's factory activity expanded in December but at a slower pace, as the country leads a pack of major economies emerging from the coronavirus slump. The offic...
Dec 30, 2020
ECB will raise interest rates if needed, but shift can take some time – Weidmann
BERLIN (Reuters) - Bundesbank President Jens Weidmann warned euro zone governments forced to increase public debt to support their economies during the coronavirus pandemic not to expect the European ...
Dec 30, 2020
Dollar sucked into downward spiral by U.S. twin deficits
By Wayne Cole SYDNEY (Reuters) - The dollar was ending 2020 in a downward spiral on Thursday with investors wagering a global economic recovery will suck money into riskier assets even as the yawning ...
Dec 30, 2020
Asian shares hover near record high, risk currencies in favor
NEW YORK (Reuters) - Asian shares are set to end a tumultuous 2020 by hovering near record highs on Thursday while riskier currencies cruised near 2-1/2-year peaks, buoyed by hopes that COVID-19 vacci...
Dec 30, 2020
UK House of Commons Speaker says post-Brexit trade deal has been granted royal assent by queen – PA Media
(Reuters) - UK House of Commons Speaker Lindsay Hoyle told lawmakers that Prime Minister Boris Johnson's post-Brexit trade deal has been granted royal assent by the Queen, PA Media said in a tweet htt...
Dec 30, 2020
U.S. slaps tariffs on French and German wines, aircraft parts amid EU dispute
WASHINGTON (Reuters) - U.S. trade officials on Wednesday said they were increasing tariffs on certain European Union products, including aircraft-related parts and wines from France and Germany, amid ...
Dec 30, 2020
Brazil’s Braskem settles lawsuits over sinking city for $1.75 billion
BRASILIA (Reuters) - Brazilian petrochemical company Braskem SA said on Wednesday it reached a 9.1 billion reais ($1.75 billion) deal to settle lawsuits over cracks and sinking ground near its salt mi...
Dec 30, 2020
Exxon signals up to $20 billion writedown to overwhelm fourth quarter price gains in oil, chemicals
HOUSTON (Reuters) - Exxon Mobil Corp signaled in a regulatory filing on Wednesday that higher oil and gas prices and improved chemicals margins would aid fourth quarter results, but the gains would be...
Dec 30, 2020
Japan awarded more than 100 contracts over 10 years to Dentsu-linked non-profit groups
By Ju-min Park, Sakura Murakami, Mari Saito and Antoni Slodkowski TOKYO (Reuters) - The Japanese government has awarded more than 100 contracts over the last decade to two non-profit groups set up by ...
Dec 30, 2020
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