Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Credit Suisse still unloading Discovery shares after Archegos-related loss: CNBC
(Reuters) - Credit Suisse Group AG is still unloading its positions in media company Discovery Inc after losses relating to Archegos Capital Management, CNBC reported on Tuesday, citing traders. Arche...
Apr 13, 2021
Coinbase reference price set at $250 per share ahead of Nasdaq debut
NEW YORK (Reuters) - Nasdaq on Tuesday set a reference price of $250 per share for Coinbase Global Inc, projecting a value for the largest U.S. cryptocurrency exchange at $49.19 billion ahead of its l...
Apr 13, 2021
Canadian dollar recovers from 6-day low as greenback slides
By Fergal Smith TORONTO (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Tuesday as oil rose and the greenback broadly declined, with the loonie rebounding from an earlier ...
Apr 13, 2021
P&G raises quarterly dividend by 10%
(Reuters) - Procter & Gamble Co raised its quarterly dividend by 10% on Tuesday to $0.8698 per share, payable after May 17. The Cincinnati-based conglomerate has benefited from a coronavirus-driven su...
Apr 13, 2021
Ford, GM among Michigan companies opposing Republican-backed voting limits
By Joseph Ax (Reuters) - The top executives of more than three dozen Michigan-based companies, including General Motors Co and Ford Motor Co, on Tuesday issued a joint statement opposing Republican-ba...
Apr 13, 2021
Five signs of a rebounding economy from U.S. CPI
(Reuters) - U.S. consumers footed notably higher prices in March with headline inflation accelerating by the fastest in more than eight years, Labor Department data out Tuesday showed. While prices fo...
Apr 13, 2021
Seven European countries to halt export finance for fossil fuels
PARIS (Reuters) - Seven European countries, including Germany, France and Britain, will commit on Wednesday to stop public export guarantees for fossil fuel projects, French Finance Minister Bruno Le ...
Apr 13, 2021
Chinese, U.S. luxury lovers power rebound at LVMH
By Silvia Aloisi and Sarah White PARIS (Reuters) - Sales at French luxury goods group LVMH bounced back far more quickly than expected in early 2021, carried by demand for Louis Vuitton handbags and D...
Apr 13, 2021
Fed’s Harker says central bank will ‘hold steady’ for now
By Jonnelle Marte (Reuters) - The U.S. economy could grow by around 5% to 6% this year, buoyed by increased vaccinations and strong fiscal aid, but the Federal Reserve is not going to pull back its su...
Apr 13, 2021
Aon’s EU concessions for $30 billion Willis bid may not be enough: sources
By Foo Yun Chee BRUSSELS (Reuters) - Insurance broker Aon's offer to sell assets in five EU countries and takeover target Willis Towers Watson's reinsurance arm may not be enough to address EU competi...
Apr 13, 2021
