Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Tencent raises $6 billion in largest Asian corporate debt deal this year
HONG KONG (Reuters) - Tencent Holdings Ltd has raised $6 billion in debt, the Chinese technology company said on Thursday, in the largest debt deal by an Asian corporate in 2020. The deal was finalise...
May 27, 2020
Germany’s Bosch to begin restarting operations in Mexico
MEXICO CITY (Reuters) - German automotive supplier Bosch on Monday said it has received government approval in Mexico to restart operations, which had been suspended since late March due to measures t...
May 27, 2020
Dollar stands its ground as U.S.-China tensions grow
By Tom Westbrook SINGAPORE (Reuters) - The dollar held its own on Thursday as rising Sino-U.S. tension put crushing pressure on the Chinese yuan and proved a counterweight to optimism about the corona...
May 27, 2020
Strategists cut Nikkei forecasts, see no upside this year: Reuters poll
By Hideyuki Sano TOKYO (Reuters) - Japanese stock prices will likely remain well below pre-coronavirus pandemic peaks until at least the end of next year, a Reuters poll showed on Thursday. The median...
May 27, 2020
New Zealand business confidence makes slow recovery in May
WELLINGTON (Reuters) - New Zealand business sentiment lifted in May over the previous month, but the outlook was improving "painfully slowly" and more than 40% of the surveyed firms intended to cut st...
May 27, 2020
Australia economic downturn to be less severe than initially feared: RBA
SYDNEY (Reuters) - Australia's central bank chief said on Thursday that better-than-feared health outcomes from the COVID-19 pandemic suggest the country's economic downturn will likely not be as seve...
May 27, 2020
South Korea central bank cuts rates to record low as pandemic hits economy
SEOUL (Reuters) - South Korea's central bank cut its benchmark interest rate to a record low on Thursday in its second easing this year, in an effort to shore up the economy wrecked by the coronavirus...
May 27, 2020
Oil drops on worse than feared rise in U.S. fuel stocks
By Sonali Paul MELBOURNE (Reuters) - Oil prices fell in early trade on Thursday after U.S. crude, gasoline and heating oil inventories all rose more than expected, dousing hopes of a smooth recovery i...
May 27, 2020
Australia second-quarter employment fall may now be 15% vs earlier 20% estimate
SYDNEY (Reuters) - Australian employment in the June quarter may have fallen by only 15% from a year earlier, less than a previous 20% estimate, as there are signs of job increases in the industries m...
May 27, 2020
News Corp Australia’s push for digitisation to lead to job losses
(Reuters) - News Corp Australia said it would restructure its organisation to focus on digital publishing, a move that will also lead to job losses. Scores of regional and community titles will be pub...
May 27, 2020
