Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Quarter-end rebalancing could present headwinds for Wall Street
By Chuck Mikolajczak NEW YORK (Reuters) - Part of the reason why U.S. stocks are struggling for a second straight week may be quarter- and month-end rebalancing by pension funds, which could also keep...
Mar 25, 2021
Fed’s Evans says need patience to allow inflation to rise
(Reuters) - Chicago Federal Reserve President Charles Evans on Thursday said he is nervous about too-low inflation. A burst of inflation for six months "is not nearly enough... patience is something w...
Mar 25, 2021
Sun Life CEO-elect says Asia is priority for M&A, won’t reduce office space there
TORONTO (Reuters) - Sun Life Financial sees Asia as a priority for mergers and acquisitions and will ensure it has enough capital to deploy for deals before doing buybacks, Kevin Strain, who will beco...
Mar 25, 2021
City of London grasping that EU will be closed for financial services, says lawmaker
By Huw Jones LONDON (Reuters) - The is a growing realisation that Britain should not wait for unlikely European Union access for financial services but get on with building a more competitive City of ...
Mar 25, 2021
Euro zone economy may rebound strongly if vaccination speeds up, ECB’s de Guindos says
FRANKFURT (Reuters) - The euro zone economy could be in for a strong rebound in the second half of the year if a large proportion of the population is vaccinated against COVID-19 in the summer, Europe...
Mar 25, 2021
Biden: American Rescue Plan is sowing signs of hope for U.S. economy
(Reuters) - U.S. President Joe Biden on Thursday said the economic outlook is brightening thanks to the recent passage of his $1.9 trillion pandemic relief package, and a majority of economists now ex...
Mar 25, 2021
U.S. Congress approves extension of small business Paycheck Protection Program
By Richard Cowan WASHINGTON (Reuters) - A majority of the U.S. Senate on Thursday agreed to extend the coronavirus pandemic Paycheck Protection Program (PPP) until the end of May, giving small busines...
Mar 25, 2021
Bostic: U.S. could near full employment in 2022, meet Fed rate hike conditions in 2023
WASHINGTON (Reuters) - The U.S. still has a long battle to wage in its jobs recovery but could return to full employment next year with the Federal Reserve possibly raising interest rates in 2023, Atl...
Mar 25, 2021
Junior Credit Suisse bankers to get $20,000 ‘lifestyle’ bonus
LONDON (Reuters) - Credit Suisse will give more junior members of its capital markets and deal businesses a $20,000 "lifestyle" allowance as it tries to maintain morale among staff feeling the strain ...
Mar 25, 2021
Analysis: Sudan’s banks set for big bang as capital deadline nears
By Patrick Werr and Nafisa Eltahir KHARTOUM (Reuters) - Sudanese banks face a major shake-up in 2021 to address the damage caused by decades of international isolation and state interference, which ba...
Mar 25, 2021
