Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Oil prices dip on demand worries as California reimposes restrictions
MELBOURNE (Reuters) - Oil prices slipped in early trade on Thursday after California reimposed some coronavirus lockdown measures, stoking worries a resurgence in COVID-19 cases will stall a recovery ...
Jul 01, 2020
South Korea’s SK Biopharmaceuticals shares soar 30% in market debut
SEOUL (Reuters) - SK Biopharmaceuticals Co Ltd saw its share price jump nearly 30% in a Seoul stock market debut on Thursday, as the initial public offering (IPO) market gathers steam after the novel ...
Jul 01, 2020
Dollar’s dominance to slowly melt away over coming year: Reuters poll
By Rahul Karunakar BENGALURU (Reuters) - The dollar's dominance will slowly melt away over the coming year on weakening global demand and a sombre U.S. economic outlook, according to a Reuters poll of...
Jul 01, 2020
Asian stocks set to track U.S. gains but Hong Kong jitters weigh
By Imani Moise NEW YORK (Reuters) - Asian stocks were set to track Wall Street gains on Thursday as investors cheered signs the global economy was emerging from its coronavirus hibernation although tr...
Jul 01, 2020
Banco do Brasil sells $545.4 million in loans to BTG Pactual
SAO PAULO (Reuters) - Brazilian state-run lender Banco do Brasil SA said on Wednesday it has sold a 2.9 billion-real ($545.40 million) non-performing loan portfolio to BTG Pactual SA . In a securities...
Jul 01, 2020
PG&E emerges from Chapter 11 bankruptcy
(Reuters) - Utility PG&E Corp said on Wednesday it had emerged from bankruptcy, marking an end to a long-drawn restructuring process which began after its equipment sparked some of the deadliest wildf...
Jul 01, 2020
U.S. Senator Cruz will block EPA nomination over biofuels costs to refiners
By Stephanie Kelly NEW YORK (Reuters) - U.S. Senator Ted Cruz said on Wednesday he would block the nomination of an Environmental Protection Agency official until the agency brings stability to the ri...
Jul 01, 2020
Novartis reaches $678 million settlement of U.S. fraud lawsuit
NEW YORK (Reuters) - Novartis AG has agreed to pay $678 million to settle a civil fraud lawsuit in which the U.S. government accused the Swiss drugmaker of illegally providing doctors with cash paymen...
Jul 01, 2020
Jefferies sees jump in mergers of equals as coronavirus hammers economy
(Reuters) - Jefferies Financial Group said it expects a jump in mergers of equals in the current coronavirus-stricken economic environment as companies look at cost-effective ways of increasing their ...
Jul 01, 2020
McDonald’s to pause U.S. reopening of dine-in services by 21 days
(Reuters) - McDonald's Corp plans to pause the reopening of its dine-in service by 21 days in the United States as the number of coronavirus cases rise in the country, according to a letter seen by Re...
Jul 01, 2020
