Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Carolyn Cohn LONDON (Reuters) - The official start of the Atlantic hurricane season on Monday could signal more steep losses for insurers and reinsurers, already battered by the impact of the coron...

DUBAI (Reuters) - Iran will continue oil shipments to Venezuela if Caracas requests more supplies, the Iranian Foreign Ministry spokesman said on Monday, despite Washington's criticism of the trade be...

DUBAI (Reuters) - The Saudi central bank said it provided 50 billion riyals ($13.3 billion) to support liquidity in the banking sector, according to a statement on twitter on Monday. The stimulus meas...

SEOUL (Reuters) - South Korea's Hyundai Motor said on Monday its provisional May sales fell 39% on year to 217,510 vehicles globally, as the impact of COVID-19 continued to hit global auto demand in k...

By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) - Japan's government will submit to parliament early next week a second extra budget to fund a new $1.1 trillion stimulus package to cushion the ...

LONDON (Reuters) - The European Central Bank meets on Thursday with investors hoping that policymakers will deliver yet more stimulus for an economy ravaged by the coronavirus pandemic. A 1.85 trillio...

By Davide Barbuscia DUBAI (Reuters) - Saudi foreign reserves dropped sharply in April for a second consecutive month as the kingdom used tens of billions of dollars to back investments of its sovereig...

By David Randall and Lawrence Delevingne NEW YORK/BOSTON (Reuters) - U.S. President Donald Trump's directive on Friday to begin the process of eliminating special treatment for Hong Kong is likely to ...

HONG KONG (Reuters) - Hong Kong had no plans to change its currency's peg to the U.S. dollar and the Asian financial hub has not seen any "obvious" capital outflows after Washington moved to strip the...

By Alexandra Alper WASHINGTON (Reuters) - A group of Republican lawmakers plans to unveil legislation this week to keep Americans from investing in foreign defense companies with ties to China's milit...