Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Analysis: Fixed-income markets wary of Fed decision on bank capital relief
By Karen Brettell and David Henry (Reuters) - Anxiety is building in bond and short-term funding markets over a pending regulatory change that could cause big Wall Street banks to pare their securitie...
Mar 02, 2021
Aramco chairman says Saudi government still planning stake sell-down
(Reuters) - The chairman of Saudi Aramco said on Tuesday the kingdom's government remains committed to selling down some of its stake in the state oil firm. "Once we see the market conditions improve ...
Mar 02, 2021
UK’s Sunak promises to do “whatever it takes” to shield the economy
LONDON (Reuters) - British finance minister Rishi Sunak plans to say in a budget speech on Wednesday that he will do "whatever it takes" to support the economy, and that the task of fixing the public ...
Mar 02, 2021
Top U.S. utilities collaborate to build electric vehicle charging stations
(Reuters) - Six major utilities unveiled a plan on Tuesday to add electric vehicle fast chargers to connect major highway systems across United States, as they look to cater to the burgeoning electric...
Mar 02, 2021
Exclusive: Venezuelan intelligence monitored Citgo executives in U.S. – court testimony
By Luc Cohen and Brian Ellsworth CARACAS (Reuters) - Venezuelan intelligence services monitored six U.S.-based executives of state-owned refiner Citgo Petroleum for a year on U.S. soil to determine th...
Mar 02, 2021
Robotics division of Uber’s Postmates spins out into new company
(Reuters) - The robotics unit of Postmates, a delivery startup that ride-hailing firm Uber Technologies acquired last year, has spun off into a new company called Serve Robotics, the company said on T...
Mar 02, 2021
Resurgent stock market evokes memories of long-gone bubble on Tokyo’s ‘Wall Street’
By Junko Fujita TOKYO (Reuters) - At the almost empty "Wall Street" bar and restaurant in Tokyo's Kayabacho financial district, three groups of patrons dine quietly at tables separated by partitions. ...
Mar 02, 2021
Brainard: Fed to stay ‘patient’ in face of ‘strong’ U.S. economic outlook
WASHINGTON (Reuters) - The U.S. economic outlook has improved markedly given the impact of coronavirus vaccines and fiscal spending, but the Federal Reserve "will need to be patient" and ensure that i...
Mar 02, 2021
Exclusive: French bankers seek EU law to move euro clearing from London – sources
LONDON (Reuters) - France's banking industry body wants a new European Union law that would force non-EU banks to shift swathes of euro derivatives clearing from the City of London to Frankfurt, peopl...
Mar 02, 2021
Norwegian Air reaches agreement to end 36 aircraft leases, court hears
DUBLIN (Reuters) - Norwegian Air has withdrawn requests to repudiate a total of 36 aircraft leases after reaching agreement with the lessors in question as part of a restructuring process, Ireland's H...
Mar 02, 2021
