Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Japan shoppers queue, crash website for Uniqlo’s washable masks
TOKYO (Reuters) - Japanese shoppers queued at Uniqlo stores and crashed its website on Friday as the clothing chain began selling face masks with breathable fabric used in the brand's popular underwea...
Jun 18, 2020
Exclusive: Nissan plans more shift cuts at Japan car plants due to low demand, sources say
TOKYO (Reuters) - Nissan Motor Co plans to cut more shifts at its three assembly plants in Japan due to falling demand, two sources said on Friday, as the automaker struggles to recover from a drop in...
Jun 18, 2020
Japan says economy ‘almost stopped worsening’, raising view for first time since 2018
By Kaori Kaneko TOKYO (Reuters) - Japan's government raised its economic assessment in June for the first time since 2018 as a sharp deterioration caused by the new coronavirus outbreak had nearly com...
Jun 18, 2020
Dollar heads for weekly gain as new infections sap confidence
By Tom Westbrook SINGAPORE (Reuters) - The dollar headed for its best week in a month on Friday as a resurgence in coronavirus cases knocked confidence in a rapid economic recovery and drove investors...
Jun 18, 2020
Oil prices inch up on faith in supply cuts, demand recovery
By Sonali Paul MELBOURNE (Reuters) - Oil prices pushed higher in early trade on Friday, building on gains in the previous session, after OPEC producers and allies promised to meet their supply cut com...
Jun 18, 2020
Australia’s competition regulator to monitor domestic airfares, profits
SYDNEY (Reuters) - Australia's competition regulator will monitor domestic airfares and profits for three years, increasing scrutiny as the industry begins a slow recovery from the coronavirus pandemi...
Jun 18, 2020
Deflation risks rise in Japan as core consumer prices fall for second month
By Kaori Kaneko TOKYO - Japan's core consumer prices fell for a second straight month in May, reinforcing deflation risks and raising the challenge for policymakers battling to revive an economy reeli...
Jun 18, 2020
Asian stocks set to rise after mixed Wall Street session
By Katanga Johnson WASHINGTON (Reuters) - Asian stocks were set for gains on Friday although trade was likely to be choppy after a mixed Wall Street session with investor focus swinging between concer...
Jun 18, 2020
Wirecard says it cannot rule out ‘fraud of considerable proportions’
(Reuters) - German payments company Wirecard AG said on Friday it cannot be ruled out that the company has become the "aggrieved party" in a case of "fraud of considerable proportions". The video stat...
Jun 18, 2020
Short selling tests China’s zeal for market reform
By Samuel Shen and Alun John SHANGHAI/HONGKONG (Reuters) - As the novel coronavirus swept the world this year, Chinese hedge fund manager Yuan Yuwei made lucrative short-selling bets against stocks su...
Jun 18, 2020
