Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Explainer – Supply chain finance: Greensill’s business model
By Abhinav Ramnarayan (Reuters) - SoftBank-backed British fund Greensill Capital is in talks to sell large parts of its business after losing the backing of two asset managers who underpinned parts of...
Mar 03, 2021
Fed says economic recovery only modest at start of year, job gains slow
WASHINGTON (Reuters) - The U.S. economic recovery continued at a modest pace over the first weeks of this year, with businesses optimistic about the months to come and demand for housing "robust," but...
Mar 03, 2021
Bolsonaro says Brazil’s economy shrank less than feared thanks to aid to poor
BRASILIA (Reuters) - Brazil's economy shrank less than feared last year, thanks in part to the emergency aid paid to poor Brazilians by the government, President Jair Bolsonaro said on Wednesday. Braz...
Mar 03, 2021
Britain’s Sainsbury’s to cut 500 more jobs, shrink office space
LONDON (Reuters) - British supermarket group Sainsbury's plans to cut an additional 500 jobs and reduce its office space as it simplifies administrative functions for the post-pandemic era, it said on...
Mar 03, 2021
Fed’s Evans says he’s ‘optimistic’ about recovery
(Reuters) - As more people get vaccinated and coronavirus infections come down, Chicago Federal Reserve Bank President Charles Evans on Wednesday said he is optimistic about the economic outlook and e...
Mar 03, 2021
Rising yields still ‘a world away’ from impacting sovereign ratings – S&P Global
By Marc Jones LONDON (Reuters) - The recent jump in global bond market borrowing costs is still a world away from impacting most countries' credit ratings S&P Global has said. The rise in benchmark U....
Mar 03, 2021
Low corporation tax not the best way to attract investment, UK’s Sunak says
LONDON (Reuters) - Low corporation tax rates might not be the best way to attract capital investment, British finance minister Rishi Sunak said on Wednesday after announcing the country's first hike t...
Mar 03, 2021
EU countries approve green transition fund, look to challenges ahead
By Kate Abnett BRUSSELS (Reuters) - European Union officials on Wednesday formally approved the bloc's multi billion euro fund that is to help wean countries off fossil fuels by shielding vulnerable c...
Mar 03, 2021
New York Sports Clubs’ former owner settles NY attorney general lawsuit over billing
By Jonathan Stempel NEW YORK (Reuters) - The former owner of New York Sports Clubs and Lucille Roberts will forfeit a $250,000 bond to settle New York Attorney General Letitia James' lawsuit over its ...
Mar 03, 2021
‘Roaring Kitty’ in GameStop saga testifies before Massachusetts regulators
By Nate Raymond BOSTON (Reuters) - The social media persona "Roaring Kitty," whose online posts helped spark January's trading frenzy in GameStop Corp shares, appeared before Massachusetts securities ...
Mar 03, 2021
