Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EU should deepen trade with Turkey but ready sanctions, internal report says
By Robin Emmott BRUSSELS (Reuters) - The European Union should start negotiations on deeper trade ties with Turkey, an EU candidate, but should be ready to impose economic sanctions if Ankara moves ag...
Mar 23, 2021
Brazil consumer confidence plunges in March, third biggest fall on record
BRASILIA (Reuters) - Consumer confidence in Brazil plunged to a 10-month low in March, a survey indicated on Tuesday, hit by the deadly second wave of the COVID-19 pandemic and near collapse of the pu...
Mar 23, 2021
Low-cost carrier Frontier aims for $4.52 billion valuation in U.S. IPO
(Reuters) - Frontier Group is aiming for a valuation of $4.52 billion in its U.S. initial public offering (IPO), according to a regulatory filing by the low-cost carrier on Tuesday, as the industry pr...
Mar 23, 2021
Battle looms over regulation of smaller EU banks
By Huw Jones LONDON (Reuters) - A review of European Union rules for dealing with failing banks should not become an escape route for medium-sized lenders to avoid tougher requirements, a top EU regul...
Mar 23, 2021
Turkey stocks in historic drop after Erdogan fires cenbank chief
By Canan Sevgili and Halilcan Soran (Reuters) - Turkey's stock market has logged its worst two days since the global financial crisis of 2008 this week, with bank shares plunging and stop-loss halts a...
Mar 23, 2021
Funds expect subdued U.S. inflation, strong EM FX – Russell Investments survey
LONDON (Reuters) - Fixed income managers expect the U.S. Treasury yield curve to steepen in the next 12 months and many anticipate inflation will remain subdued in a 1.8-2.4% range, a survey from Russ...
Mar 23, 2021
Younger crypto investors do it for ‘thrills’, UK financial watchdog says
By Huw Jones LONDON (Reuters) - Thrill-seeking younger people are turning to online apps to invest in high-risk crypto-assets and foreign exchange even though most are unable to absorb big losses, Bri...
Mar 23, 2021
Argentina economy probably shrank 4.4% in fourth quarter last year, analysts say
By Jorge Otaola and Walter Bianchi BUENOS AIRES (Reuters) - Argentina's economy probably contracted 4.4% year-on-year in the fourth quarter of 2020, a Reuters poll of analysts indicated, the smallest ...
Mar 23, 2021
Futures drop ahead of Powell, Yellen testimonies
By Medha Singh (Reuters) - U.S. stock index futures slid on Tuesday as energy stocks dropped while investors awaited remarks from Fed Chair Jerome Powell and Treasury Secretary Janet Yellen for clues ...
Mar 23, 2021
Japan’s male-dominated central bank sets new diversity target
By Leika Kihara TOKYO (Reuters) - Japan's central bank on Tuesday set a two-year target to promote diversity in the male-dominated institution, taking a baby step towards narrowing the country's gende...
Mar 23, 2021
