Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed’s Powell warns on COVID, sees inflation unlikely
By Ann Saphir and Howard Schneider (Reuters) - Federal Reserve Chair Jerome Powell on Thursday signaled the central bank is nowhere near to reducing its support for the U.S. economy, noting that an ex...
Apr 08, 2021
IMF, World Bank to unveil ‘green debt swaps’ option by November, Georgieva says
By Andrea Shalal WASHINGTON (Reuters) - Green debt swaps have the potential to spur accelerated action on climate change in developing countries, the head of the International Monetary Fund said on Th...
Apr 08, 2021
Porsche can not rule out production cuts over chip shortage: Handelsblatt
FRANKFURT (Reuters) - Volkswagen's luxury sports car unit Porsche AG might have to adjust production to reflect an ongoing shortage of crucial automotive chips, Handelsblatt reported. "We cannot rule ...
Apr 08, 2021
White House sees great focus on semiconductor chip shortage
WASHINGTON (Reuters) - The Biden administration has put a big focus on addressing an ongoing shortage of semiconductors that are used in a range of devices from cars to computers, White House Press Se...
Apr 08, 2021
Bank of America to hand out pay hikes to junior investment bankers: memo
(Reuters) - Bank of America Corp will raise the salaries of its junior investment bankers starting May 1, according to an internal memo seen by Reuters, in a show of recognition for their work during ...
Apr 08, 2021
Powell says he is not focused on possible second term as Fed chair
(Reuters) - Federal Reserve Chair Jerome Powell on Thursday deflected a question about whether he is likely to serve a second term at the helm of the U.S. central bank, when it is expected to face the...
Apr 08, 2021
Baidu defeats U.S. shareholder lawsuit over China internet law compliance
By Jonathan Stempel (Reuters) - A U.S. judge has dismissed a lawsuit accusing Baidu Inc of defrauding shareholders about its ability to comply with Chinese regulations governing internet content. In a...
Apr 08, 2021
WTO’s Ngozi: trade resilient, can help power coronavirus recovery
WASHINGTON (Reuters) - World Trade Organization Director General Ngozi Okonjo-Iweala said on Thursday that trade has been more resilient than expected during the coronavirus pandemic and is forecast t...
Apr 08, 2021
A taxing question for multinationals leaves stocks unscathed
By Thyagaraju Adinarayan and Sujata Rao LONDON (Reuters) - A global minimum corporate tax rate could deal a major blow to the multinationals which some governments allege shift billions of dollars in ...
Apr 08, 2021
One in six Latin American youths left work since pandemic’s start
BOGOTA (Reuters) - Across Latin America and the Caribbean, one in every six people aged 18 to 29 has left work since the coronavirus pandemic began, forcing many to abandon their studies, a report sai...
Apr 08, 2021
