Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Analysis: GameStop saga may provide early test of Biden administration ethics pledges
By Trevor Hunnicutt and David Lawder WASHINGTON (Reuters) - Arguably the last thing new U.S. Treasury Secretary Janet Yellen wants to take up during her first days in office is a financial market imbr...
Feb 01, 2021
Euro zone inflation less than meets the eye in lockdowns – ECB
FRANKFURT (Reuters) - Inflation in the euro zone was likely kept higher by temporary factors during the lockdowns last year as some goods became hard to come by and hesitant entrepreneurs put off cutt...
Feb 01, 2021
Julius Baer hikes 2020 profit, but analysts say trading boom won’t last
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Julius Baer posted a 50% rise in 2020 net profit on Monday and said it planned a share buyback, as booming markets and strong client trading helped the Swi...
Feb 01, 2021
Soaring valuations, low borrowing costs fuel January fundraising bonanza
By Sujata Rao, Karin Strohecker and Abhinav Ramnarayan LONDON (Reuters) - Exuberant share valuations and rock-bottom borrowing costs made it a bumper January for dealmakers in the equity as well as de...
Feb 01, 2021
Euro zone Dec unemployment stable at 8.3% as expected
BRUSSELS (Reuters) - Euro zone unemployment was stable at 8.3% of the workforce in December, the European Union's statistics office Eurostat said on Monday, despite continued coronavirus lockdowns in ...
Feb 01, 2021
EU claims court errors in bid to overturn $15.7 billion Apple tax judgment
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust enforcers have claimed a court made legal errors when it scrapped their order for iPhone maker Apple to pay 13 billion euros ($15.7 billion) in Irish ...
Feb 01, 2021
EU to rule on Microsoft’s $7.5 billion ZeniMax deal by March 5
BRUSSELS (Reuters) - EU antitrust regulators will decide by March 5 whether to clear Microsoft's $7.5 billion acquisition of ZeniMax Media, the U.S. tech giant's biggest gaming acquisition to better c...
Feb 01, 2021
Global shares rally, retail surge drives silver higher
By Simon Jessop and Wayne Cole LONDON/SYDNEY (Reuters) - Global shares bounced and silver markets surged on Monday as retail investors expanded their social-media fuelled battle against Wall Street to...
Feb 01, 2021
GameStop, AMC jump as retail trading frenzy builds
(Reuters) - Shares of videogame retailer GameStop and movie theater operator AMC Entertainment Holdings jumped 6.4% and 18.4%, respectively, in early pre-market trading on Monday. The moves build on a...
Feb 01, 2021
For first time, Norway’s wealth fund ditches firms over tax transparency
By Gwladys Fouche OSLO (Reuters) - Norway's $1.3 trillion wealth fund, the world's largest, has for the first time pulled investments from companies because of their tax policies, the fund's CEO told ...
Feb 01, 2021
