Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Kinder Morgan quarterly profit falls on lower natgas volume
(Reuters) - U.S. pipeline operator Kinder Morgan Inc reported a 10% drop in quarterly profit on Wednesday as a steep drop in natural gas prices due to the COVID-19 pandemic hurt production and transpo...
Oct 21, 2020
In emails, Sacklers fret over wealth, opioid business
By Mike Spector (Reuters) - Soon after a Purdue Pharma LP affiliate pleaded guilty to misbranding its addictive opioid painkiller OxyContin in 2007, the company's Sackler family owners fretted about p...
Oct 21, 2020
Euronext says still battling to resolve glitches after outage earlier this week
(Reuters) - Exchange operator Euronext said on Wednesday that it was still battling to resolve trading glitches after a huge outage earlier this week. The operator said that there was mixup of buy and...
Oct 21, 2020
Abu Dhabi’s IPIC drops lawsuit against Goldman Sachs over 1MDB scandal
(Reuters) - Abu Dhabi's International Petroleum Investment Co (IPIC) said on Wednesday that it was dropping a lawsuit against Goldman Sachs Group Inc to recover losses suffered from the U.S. investmen...
Oct 21, 2020
Analysis: China and U.S. economies diverge over coronavirus response
By Andrea Shalal and Gabriel Crossley WASHINGTON (Reuters) - The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is resha...
Oct 21, 2020
As U.S. election odds narrow, market analysts factor in higher risks
LONDON/NEW YORK (Reuters) - A higher risk of a split U.S. Congress and a contested election is being factored into some market analysts' models after some odds on the Presidential election have shown ...
Oct 21, 2020
U.S. economy recovering slowly, but some sectors struggling: Fed survey
By Jonnelle Marte, Ann Saphir and Dan Burns (Reuters) - The U.S. economy continued to recover at a slight to modest pace through early October as consumers bought homes and increased spending, but the...
Oct 21, 2020
Exclusive: Ferragamo family explores stake sale to drive Italian fashion brand revamp – sources
By Pamela Barbaglia and Claudia Cristoferi LONDON/MILAN (Reuters) - The family owners of Italian fashion house Salvatore Ferragamo have held informal discussions with financial investors to sell a min...
Oct 21, 2020
IMF cuts Asia’s growth forecast, warns of pandemic-driven risks
By Leika Kihara TOKYO (Reuters) - The International Monetary Fund slashed this year's economic forecast for Asia, reflecting a sharper-than-expected contraction in countries like India, a sign the cor...
Oct 21, 2020
Nordic 2021 economic growth forecasts trimmed, virus spread top risk: Reuters poll
STOCKHOLM (Reuters) - The recession in Sweden and Norway from the COVID-19 pandemic is now expected to be shallower than originally projected, but forecasts for the recovery next year have been trimme...
Oct 21, 2020
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