Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
A new era of volatility begins, but tech inflows continue: BofA
LONDON (Reuters) - Investors poured billions of dollars into high-flying stocks even as the ongoing bond market rout led to sharp losses on Wall Street and kicked off a "new era of volatility", BofA s...
Mar 05, 2021
EU not interested in protecting Belfast peace agreement: Northern Ireland first minister
LONDON (Reuters) - Northern Ireland's first minister said that the European Union's actions have shown that its priority is protecting the trading bloc, not the Belfast peace agreement. "What they're ...
Mar 05, 2021
Texas grid operator made $16 billion price error during winter storm, watchdog says
By Kanishka Singh (Reuters) - Texas' power grid operator Electric Reliability Council of Texas (ERCOT) made a $16 billion pricing error in the week of the winter storm that led to power outages across...
Mar 05, 2021
China tells banks to scale back lending to contain financial bubble risks: sources
SHANGHAI/BEIJING (Reuters) - China's regulators are telling banks to trim their loan books this year to guard against risks emerging from bubbles in domestic financial markets, said people familiar wi...
Mar 05, 2021
Powell disappointment hits European stocks, tech slides again
(Reuters) - Rising U.S. bond yields put European equities under pressure again on Friday after Federal Reserve Chair Jerome Powell's remarks failed to soothe investor concerns about a recent surge in ...
Mar 05, 2021
More German companies see worsening international business in 2021: DIHK
BERLIN (Reuters) - More German companies expect global business conditions to worsen this year than expect improvement, Germany's DIHK Chambers of Industry and Commerce said on Friday. DIHK's survey o...
Mar 05, 2021
Britain starts formal countdown in ‘final chapter’ of Libor
LONDON (Reuters) - Britain's Financial Conduct Authority (FCA) on Friday called a formal end to nearly all Libor rates on December 31 as anticipated, piling pressure on markets to complete their bigge...
Mar 05, 2021
Blockchain firm Ripple sees no fallout in Asia Pacific from SEC lawsuit
TOKYO (Reuters) - Blockchain payments firm Ripple has not experienced any fallout in its Asia Pacific business after being sued by the U.S. Securities and Exchange Commission (SEC), the company's chie...
Mar 05, 2021
Foreign demand drives up German industrial orders in January
BERLIN (Reuters) - Orders for German-made goods rose by twice as much as expected in January as robust foreign demand more than offset domestic weakness to buoy manufacturers in Europe's largest econo...
Mar 05, 2021
Credit Suisse winding down Greensill-linked funds
ZURICH (Reuters) - Credit Suisse is winding down its supply chain finance funds which held most of their roughly $10 billion in notes backed by beleaguered Greensill Capital, it said on Friday. "The f...
Mar 05, 2021
