Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
New U.S. stock exchange MEMX adds Citigroup as investor
NEW YORK (Reuters) - The Members Exchange (MEMX), a new U.S. stock exchange backed by some of Wall Street's biggest firms that is preparing for a Sept. 4 launch, said it received financial backing fro...
Jun 12, 2020
Bank of England’s Bailey says we must be ready for further stimulus
LONDON (Reuters) - Bank of England Governor Andrew Bailey said the British central bank had to be ready to do more to help the country's economy because of the risk of long-term damage caused by the c...
Jun 12, 2020
Malawi 2020 GDP to shrink if coronavirus persists, finance minister says
By Frank Phiri LILONGWE (Reuters) - Malawi's economy could shrink 3.8% this year in a worst-case scenario, Finance Minister Joseph Mwanamvekha said on Friday when announcing his budget in parliament. ...
Jun 12, 2020
Cuba cancels economic fair as imports plummet
By Marc Frank HAVANA (Reuters) - Cash-strapped Cuba has canceled its annual international trade and investment fair slated for November due to the pandemic, state-run media reported on Friday, even as...
Jun 12, 2020
After jolt, investors still see stocks as long-term bet
By Kate Duguid and Megan Davies NEW YORK (Reuters) - An interruption to a searing rally gave a jolt to equity investors who had been getting used to weeks of steadily rising U.S. stocks. But long term...
Jun 12, 2020
China’s Tencent Music reports passive stake in Warner Music
(Reuters) - China's Tencent Music Entertainment Group on Friday reported a 5.2% passive stake in Warner Music Group Corp, about a week after the world's third-largest recording label's debut on the Na...
Jun 12, 2020
Exclusive: Venezuelan shipping magnate faces U.S. sanctions probe – officials
By Matt Spetalnick, Luc Cohen and Marianna Parraga WASHINGTON/NEW YORK/MEXICO CITY (Reuters) - The United States is investigating a Venezuelan shipping magnate for possibly violating U.S. sanctions by...
Jun 12, 2020
Canada May industrial prices rise as coronavirus closures drive up meat costs: flash estimate
OTTAWA (Reuters) - Producer prices in Canada gained 1.2 percent in May from April, the first increase recorded this year, led by strong gains in meat prices caused as COVID-19 closed down packing plan...
Jun 12, 2020
India suspends release of headline retail inflation data for lockdown period
NEW DELHI (Reuters) - India said on Friday it was putting off the release of headline consumer price inflation numbers for April and May, a period that include a more-than two-month lockdown imposed t...
Jun 12, 2020
Brazil airline Gol says not in talks to postpone $300 million debt repayment
BRASILIA (Reuters) - Brazilian airline Gol Linhas Aereas Inteligentes is not in talks to postpone a $300-million debt repayment due in August, it said in a statement released late on Thursday. Gol sai...
Jun 12, 2020
