Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. public power/natgas groups urge Biden to cap prices in last week’s freeze
(Reuters) - Trade groups representing U.S. public power and natural gas companies urged President Joe Biden to declare a gas emergency for last week's extreme weather and authorize the secretary of en...
Feb 24, 2021
DTCC proposes one-day settlement for stock trades
LONDON (Reuters) - Global securities settlement house DTCC proposed on Wednesday a two-year timetable for introducing one-day settlement to cut risk in securities transactions in the United States. "B...
Feb 24, 2021
Norwegian Air says Boeing not engaging with Irish restructuring process
DUBLIN (Reuters) - Boeing is not engaging with Norwegian Air's restructuring proceedings in Ireland and Norway, a lawyer representing Norwegian said on Wednesday. Boeing "to date hasn't engaged in the...
Feb 24, 2021
Analysis: As bond selloff gets real, policymakers face fresh headache
By Dhara Ranasinghe and Sujata Rao LONDON (Reuters) - Inflation-adjusted government bond yields are rising and so is pressure on Fed and ECB policymakers to somehow tamp down the increase before it wr...
Feb 24, 2021
U.S. post-trade group proposes shortening stock settlement cycle
By John McCrank NEW YORK (Reuters) - The main processor for U.S. stock trades said on Wednesday it supports an effort to shorten the settlement cycle for securities to help reduce market risk, an area...
Feb 24, 2021
IMF chief urges strong G20 action to reverse ‘dangerous divergence’ in global economy
WASHINGTON (Reuters) - Group of 20 countries should take strong policy actions to reverse a "dangerous divergence" that threatens to leave most developing economies languishing for years, the head of ...
Feb 24, 2021
Outlook for airlines deteriorating in 2021: IATA
LONDON (Reuters) - Global airline industry body IATA warned that the outlook for airlines had weakened since its December forecasts, and due to tightening travel restrictions it now expected the secto...
Feb 24, 2021
Geely Auto and Volvo Cars to launch powertrain venture after merger scrapped
BEIJING (Reuters) - Geely Automobile and sister company Volvo Cars will abandon merger plans but launch a new entity to combine their powertrain operations and expand cooperation on electric vehicles,...
Feb 24, 2021
Brazil current account deficit 0.65% of GDP, smallest in 13 years
By Jamie McGeever BRASILIA (Reuters) - Brazil's current account deficit in the year to January as a share of the overall economy shrank to its smallest in 13 years, official figures showed on Wednesda...
Feb 24, 2021
Global airline body IATA plans COVID travel pass for end of March
LONDON (Reuters) - Global airline industry body IATA said it would launch a COVID-19 travel pass at the end of March, bringing into use a digital system for test results and vaccine certificates which...
Feb 24, 2021
