Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
South Korea’s first female trade minister bids for WTO top job
SEOUL (Reuters) - South Korea's trade minister Yoo Myung-hee on Wednesday announced her bid to become the next director-general of the World Trade Organization (WTO), aiming to be the first female lea...
Jun 23, 2020
Oil edges lower as U.S. stockpiles grow more than expected
By Yuka Obayashi TOKYO (Reuters) - Oil futures edged lower on Wednesday, extending losses from the previous day, after U.S. crude stockpiles grew more than expected, adding to worries about oversupply...
Jun 23, 2020
BOJ signals pause after months of pandemic-fighting stimulus steps: June summary
By Leika Kihara TOKYO (Reuters) - The Bank of Japan can spend time examining the effects of the stimulus steps put in place since March, a board member said in a June rate review, underscoring BOJ's v...
Jun 23, 2020
Walmart to stop displaying Mississippi state flag in its stores for now
By Bhargav Acharya (Reuters) - Walmart Inc said on Tuesday it will no longer display the Mississippi state flag, which includes a Confederate flag emblem, in its stores while the state debates whether...
Jun 23, 2020
Brazil suspends WhatsApp’s new payments system
By Carolina Mandl and Isabel Versiani SAO PAULO/BRASILIA (Reuters) - Brazil's central bank effectively suspended a newly-launched system allowing users of Facebook Inc's WhatsApp messaging service to ...
Jun 23, 2020
BHP announces stricter health protocols in Chile as cases among workers top 200
By Aislinn Laing SANTIAGO (Reuters) - Global miner BHP Group Ltd announced stricter health protocols on Tuesday after cases of the novel coronavirus at its Escondida copper mine in Chile, the worlds l...
Jun 23, 2020
Asian stocks under pressure after spike in coronavirus cases
By Jessica DiNapoli NEW YORK (Reuters) - Asian stocks were expected to come under pressure on Wednesday, as a spike in new coronavirus infections weighed on sentiment, although U.S. assurances that th...
Jun 23, 2020
Virgin Australia bondholders lodge rival proposal, says source
By Jamie Freed SYDNEY (Reuters) - Virgin Australia Holdings Ltd bondholders lodged a recapitalisation proposal with the airline's administrator on Wednesday, rivalling bids from Bain Capital and Cyrus...
Jun 23, 2020
SoftBank to sell T-Mobile shares at $103 apiece: source
NEW YORK (Reuters) - SoftBank Group Corp is set to sell a portion of its stake in U.S. wireless carrier T-Mobile US Inc at $103 per share to raise $13.76 billion, a person familiar with the matter sai...
Jun 23, 2020
IMF, Sudan reach agreement on macroeconomic policies structural reforms
CAIRO (Reuters) - International Monetary Fund (IMF) staff and Sudan have reached agreement on macroeconomic policies structural reforms that would underpin a 12-month staff-monitored program, the fund...
Jun 23, 2020
