Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Drifting apart? European firms battle to reach UK clients
By Giulia Segreti and Simon Johnson ROME/STOCKHOLM (Reuters) - Post-Brexit trade rules mean prosecco supplier Serena Wines 1881 must store bottles destined for Britain on costlier, fumigated pallets i...
Apr 13, 2021
Air France-KLM prices capital hike at 4.84 euros per share
PARIS (Reuters) - Air France-KLM on Tuesday launched a capital hike at 4.84 euros ($5.76) per share as part of a 4 billion-euro recapitalisation to shore up its finances amid the COVID-19 crisis. The ...
Apr 13, 2021
Bitcoin hits record high before landmark Coinbase IPO
LONDON (Reuters) -Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day ahead of Coinbase's initial public offering. The largest U.S. cryptocurrency exchange's list...
Apr 13, 2021
JPMorgan cuts emerging market currencies to ‘underweight’
LONDON (Reuters) - Investment bank JPMorgan recommended selling emerging market currencies on Tuesday, completing a 180 degree pivot from the start of the year when it was backing them to have a good ...
Apr 13, 2021
Credit Suisse to pay out another $1.7 billion of Greensill-linked fund assets
ZURICH (Reuters) - Credit Suisse has made further progress in winding down funds connected with Greensill Capital and is able to distribute another $1.7 billion to investors, the bank said on Tuesday....
Apr 13, 2021
Investors add to cash as “taper tantrum” and taxation risks grow: BofA survey
LONDON (Reuters) - Fund managers increased their cash allocations as expectations of higher inflation, taxation changes and a "taper tantrum" leave equities vulnerable to pullbacks, BofA's April fund ...
Apr 13, 2021
Goldman Sachs to open office in Birmingham in UK
LONDON (Reuters) -Goldman Sachs said on Tuesday it would open a new office in the English city of Birmingham, expanding its office footprint in Britain at a time when many rivals are reducing space du...
Apr 13, 2021
European shares pause near record high with eyes on U.S. inflation data
(Reuters) - European shares hovered just below all-time highs on Tuesday as strong export data from China reinforced optimism around a swift global economic recovery, while investor attention turned t...
Apr 13, 2021
Britain’s JD Sports reinstates dividend as online boom lifts forecast
(Reuters) - Britain's biggest sportswear retailer JD Sports resumed dividends on Tuesday and forecast higher profit for the current financial year as most stores reopened this week from the coronaviru...
Apr 13, 2021
European CEOs, lawmakers add to pressure on Biden to hike climate target
By Kate Abnett BRUSSELS (Reuters) - European politicians, companies and trade unions on Tuesday called on the United States to slash its greenhouse gas emissions by at least 50% this decade, adding to...
Apr 13, 2021
