Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Some EU countries to miss April deadline for recovery plans: Commission
By Jan Strupczewski BRUSSELS (Reuters) - Some European Union governments will miss the April 30 deadline to submit their recovery plans to the European Commission, its Vice President Valdis Dombrovski...
Apr 16, 2021
EU to define what makes a ‘green’ investment in transport, industry, buildings: draft
By Kate Abnett BRUSSELS (Reuters) - The European Union will next week lay out conditions that transport, industry and buildings must meet to be classed as a sustainable investment in Europe, but delay...
Apr 16, 2021
Pandemic destroyed fewer U.S. firms than feared, Fed study shows
By Howard Schneider WASHINGTON (Reuters) - Fewer than 200,000 businesses in the United States may have failed during the first year of the COVID-19 pandemic, a lighter toll than initially feared and o...
Apr 16, 2021
Biden to nominate Senate staffer Jayme White as deputy U.S. Trade Representative
WASHINGTON (Reuters) - U.S. President Joe Biden plans to nominate long-time Senate staffer Jayme White as Deputy U.S. Trade Representative, the White House said on Friday. White, currently the chief t...
Apr 16, 2021
Explainer: U.S. repo market flirts with negative rates as Fed seeks to absorb excess cash
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Excess cash in the financial system has pressured overnight interest rates, in some instances pushing them negative, which, analysts said, could prompt...
Apr 16, 2021
Analysis: No knockout, but new U.S. sanctions add to Russia’s ‘slow destruction’
By Marc Jones, Sujata Rao and Tom Arnold LONDON (Reuters) - For all the insouciance with which markets treated Washington's latest sanctions on Russia, its move to target Moscow's main funding avenue ...
Apr 16, 2021
CVC delays Toshiba buyout offer after CEO swap: Nikkei
(Reuters) - Private equity firm CVC Capital Partners will delay submitting a buyout offer for Toshiba Corp, following the appointment of a new chief executive officer by the Japanese industrial group,...
Apr 16, 2021
Fed’s Kaplan wants to reduce easing at ‘earliest opportunity’
(Reuters) - Dallas Federal Reserve Bank President Robert Kaplan reiterated Friday his view that the U.S. central bank should reduce its support for the economy at the "earliest opportunity," once the ...
Apr 16, 2021
The cycle turns: Emerging central banks hike rates in March
By Karin Strohecker and Ritvik Carvalho LONDON (Reuters) - Emerging market central banks delivered five net interest rate hikes in March, marking the end of an easing cycle which started in 2019 as ce...
Apr 16, 2021
UK approves diamond tycoon Nirav Modi’s extradition to India
LONDON (Reuters) - Britain has approved the extradition of fugitive Indian diamond tycoon Nirav Modi, a Home Office spokesman said on Friday. The jeweller fled India before details on his alleged invo...
Apr 16, 2021
