Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Emerging markets see $31.2 billion in non-resident flows in February: IIF
NEW YORK (Reuters) - Emerging market stocks and bonds saw foreign net inflows of about $31.2 billion in February, though rising U.S. rates triggered a slowdown during the last week, data from the Inst...
Mar 02, 2021
Biden’s top financial regulatory picks to face scrutiny in Congress
By Pete Schroeder WASHINGTON (Reuters) - U.S. President Joe Biden's nominees to head two key financial watchdogs will be questioned by lawmakers on Tuesday on how they plan to tackle racial and income...
Mar 02, 2021
China’s Ant seeks to ease staff concerns about selling company’s shares
BEIJING/HONG KONG (Reuters) - China's Ant Group is working on measures to help staff with "short-term liquidity problems", its executive chairman said in internal messages, after the halting of the fi...
Mar 02, 2021
UK banks face savings glut on road to pandemic recovery
By Iain Withers and Lawrence White LONDON (Reuters) - Britain's big four banks amassed more than 200 billion pounds ($277.52 billion) of new deposits last year as customers reined in spending through ...
Mar 02, 2021
Crisis-hit Lebanese pound falls to new low of 10,000 to the dollar
BEIRUT (Reuters) - Lebanon's pound tumbled on Tuesday towards 10,000 to the dollar, a record low for a currency battered by a financial meltdown that has fuelled poverty and unrest. The collapse, on a...
Mar 02, 2021
Baker Hughes, Akastor merging offshore oil drilling ops
OSLO (Reuters) - Engineering companies Baker Hughes and Akastor plan to merge their offshore oil drilling equipment units to form a global company serving the energy industry, the U.S. and Norwegian f...
Mar 02, 2021
Boohoo defends supplier practices after report of possible U.S. import ban
LONDON (Reuters) - Britain's Boohoo defended its supplier practices again on Tuesday after a Sky News report said the online fashion retailer faced the possibility of a U.S. import ban due to allegati...
Mar 02, 2021
Russia’s Novak preparing for OPEC+ meeting on March 4: Kremlin
MOSCOW (Reuters) - Russian Deputy Prime Minister Alexander Novak is preparing to take part in an OPEC+ meeting on March 4, the Kremlin said on Tuesday, declining to comment further. The group meets on...
Mar 02, 2021
Abu Dhabi’s Mubadala hires banks for dual-tranche euro bonds: document
DUBAI (Reuters) - Abu Dhabi state fund Mubadala has hired banks to arrange a planned dual-tranche issue of euro-denominated bonds, a document showed on Tuesday. Citi and JPMorgan were hired as global ...
Mar 02, 2021
India’s Feb trade deficit widens to $12.88 billion: trade ministry
NEW DELHI (Reuters) - India's trade deficit in goods widened to $12.88 billion in February from $10.16 billion during the same period a year earlier, preliminary data released by the government on Tue...
Mar 02, 2021
