Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Australia banks’ capital buffers expected to fall over coming year
SYDNEY (Reuters) - Australian banks' will see a fall in their capital buffers over the year ahead due to likely loan losses as hundreds of thousands lose their jobs due to the COVID-19 pandemic, the h...
May 20, 2020
China-backed AIIB approves $250 million loan for Bangladesh’s COVID-19 response
BEIJING (Reuters) - Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Thursday it had approved a $250 million loan to Bangladesh to help the country cope with the coronavirus pandemic...
May 20, 2020
Insurance comparison firm SelectQuote raises $360 million in IPO
By Joshua Franklin NEW YORK (Reuters) - U.S. insurance policy comparison website SelectQuote Inc raised $360 million after selling shares in its initial public offering (IPO) above its target range on...
May 20, 2020
Australia central bank governor says future remains ‘unusually uncertain’
SYDNEY (Reuters) - Australians are living through the biggest and the most sudden economic contraction since the 1930s and the future is unusually uncertain due to the COVID-19 pandemic, the head of t...
May 20, 2020
Nissan says it has noted U.S. arrests in Ghosn case, reserves right for legal measures
TOKYO (Reuters) - Nissan Motor Co said on Thursday it still reserves the right to take further legal measures in the case of its ousted former Chairman Carlos Ghosn, after the United States arrested t...
May 20, 2020
Oil prices climb as U.S. stock drawdown eases supply glut fears
By Yuka Obayashi TOKYO (Reuters) - Oil prices edged higher on Thursday after data showed U.S. crude inventories fell again, easing concern about a supply glut, though lingering fears over the global e...
May 20, 2020
Dollar nurses losses as currency markets eye recovery prospects
By Tom Westbrook SINGAPORE (Reuters) - The dollar nursed broad losses on Thursday and riskier currencies held gains as investors looked to a bright recovery from the COVID-19 pandemic, shrugging off d...
May 20, 2020
Asset managers lending to short-sellers can be ethical: study
By Alun John HONG KONG (Reuters) - Asset managers lending out of their securities can be compatible with investment on environmental, social and governance (ESG) principles, an industry body said on T...
May 20, 2020
Canada Goose lays off 250 workers: WSJ
(Reuters) - Canada Goose Holdings Inc has laid off about 250 workers, as the COVID-19 pandemic saps demand for the company's luxury parkas, the Wall Street Journal reported on Wednesday. Luxury retail...
May 20, 2020
South Korea’s May 1-20 exports tumble 20.3%, rate slower than April
By Cynthia Kim SEOUL (Reuters) - South Korean exports for the first 20 days of May tumbled 20.3% from the same period a year earlier, as U.S.- and E.U.-bound shipments continued to collapse, highlight...
May 20, 2020
