Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
GameStop soars 32%, leads meme stocks higher with Koss, AMC surging too
By Sinad Carew (Reuters) - Shares in GameStop and other so-called meme stocks popular among members of Reddit's WallStreetBets forum jumped on Thursday as investors bought shares whose prices tumbled ...
Mar 25, 2021
Expansion of IMF reserves could boost global growth, confidence – spokesman
By Andrea Shalal WASHINGTON (Reuters) - Increasing the emergency reserves of the International Monetary Fund by $650 billion could boost confidence and growth in the global economy as it recovers from...
Mar 25, 2021
Bild editor Reichelt reinstated after admitting to affairs with female staff
By Douglas Busvine BERLIN (Reuters) - Julian Reichelt, editor-in-chief of Germany's top-selling Bild newspaper, is to return to his job after admitting having affairs with women on the staff but being...
Mar 25, 2021
Exclusive: U.S. Democratic lawmakers will introduce resolution to undo OCC’s true lender rule
WASHINGTON (Reuters) - U.S. Democratic Senators will introduce a resolution on Thursday aimed at undoing a Trump-era rule that defines when a bank is a "true lender," a staffer inside Senator Chris Va...
Mar 25, 2021
U.S. bank profits may leap, then fade, as investors look under the hood
By David Henry (Reuters) - Big U.S. banks are on track to produce blockbuster first-quarter profit gains, but enthusiasm might fade when investors look under the hood. Banks including JPMorgan Chase &...
Mar 25, 2021
Foreigners’ share in Russia’s government bonds nears five-year low as sanction fears increase
By Andrey Ostroukh and Elena Fabrichnaya MOSCOW (Reuters) - The share of foreign investors among holders of Russia's OFZ treasury bonds fell in February to its lowest since May 2016, data showed on Th...
Mar 25, 2021
EU needs transition measures for banks post-COVID – study
MILAN (Reuters) - European banks must be helped to cope with an expected surge in corporate bankruptcies as the bloc emerges from the pandemic crisis, including through a more flexible definition of d...
Mar 25, 2021
EEX bourse becomes platform for German fuel emissions trading
FRANKFURT (Reuters) - The European energy bourse EEX has been awarded the contract for the sale of emissions allowances under a new tax on greenhouse gas emissions levied on German suppliers of transp...
Mar 25, 2021
Lordstown Motors says SEC requests information on merger, vehicle preorders
SAN FRANCISCO/DETORIT (Reuters) - Lordstown Motors Corp said on Thursday that it has received a request from the Securities and Exchange Commission for information related to its merger with blank-che...
Mar 25, 2021
Emerging stocks funds now lead declines this year, Lipper says
(Reuters) - Hammered by the fallout from a surge in U.S. government bond yields, mutual funds and exchange-traded funds that invest in emerging stock markets are now this year's biggest investment los...
Mar 25, 2021
