Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: Posco’s steel plant in India faces disruption, hampering auto supply chain
By Aditi Shah and Rajendra Jadhav NEW DELHI (Reuters) - Operations at South Korean steelmaker Posco's plant in India's western state of Maharashtra have been disrupted by protests over labour and othe...
Mar 12, 2021
Investors dump bonds and gold, pile into equities: BofA
LONDON (Reuters) - Investors piled into equities, while pulling money out of gold and bonds in the week up to March 10, data from BofA Global Research showed. BofA's weekly flows report showed investo...
Mar 12, 2021
Exclusive: India is likely to be included in global bond index by October – sources
By Aftab Ahmed and Swati Bhat NEW DELHI/MUMBAI (Reuters) - India is confident of getting included in a global bond index by October but it will not be able to raise funds in the coming financial year ...
Mar 12, 2021
Daimler to recall 2.6 million Mercedes Benz cars in China
BEIJING (Reuters) - China's State Administration for Market Regulation said on Friday that German luxury automaker Daimler would recall 2.6 million Mercedes Benz vehicles in China due to a software de...
Mar 12, 2021
European shares retreat as rising bond yields weigh
(Reuters) - Rising bond yields dragged European stocks lower on Friday, but major bourses were set for strong weekly gains as stimulus and vaccination programmes spurred hopes of a solid economic reco...
Mar 12, 2021
ECB’s Villeroy flags flexibility on bond purchases
PARIS (Reuters) - The European Central Bank will be flexible at all levels in its bond purchases, ECB policymaker Francois Villeroy de Galhau said on Friday after the bank announced plans to accelerat...
Mar 12, 2021
Swiss bank Rahn+Bodmer in U.S. settlement over clients defrauding IRS
By Jonathan Stempel NEW YORK (Reuters) - Zurich private bank Rahn+Bodmer will pay $22 million to settle U.S. criminal charges it helped American taxpayers who were exiting accounts at UBS and other Sw...
Mar 12, 2021
UK exports to EU slump in first month of new Brexit trade ties
LONDON (Reuters) - Exports and imports from Britain to the European Union plunged during the first month of the country's new trade relationship with the bloc, according to data published on Friday wi...
Mar 12, 2021
Deutsche Bank 2020 bonuses jump 29% as bank turns profit
FRANKFURT (Reuters) - Deutsche Bank paid 29% more in bonuses for the past year, the lender said on Friday, rewarding staff for a pandemic related trading boom that helped the bank eke out a small prof...
Mar 12, 2021
UK economy shrinks by monthly 2.9% in January
LONDON (Reuters) - Britain's economy shrank by 2.9% in January from December as the country went back into a coronavirus lockdown, official data showed on Friday. Economists polled by Reuters had expe...
Mar 12, 2021
