Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive-Italy seeks to halve Monte Paschi legal claims to 5 billion euros – sources
By Giuseppe Fonte and Valentina Za ROME (Reuters) - Italy's Treasury is working to halve 10 billion euros ($12 billion) in legal claims facing Monte dei Paschi by dismissing some and settling others, ...
Jan 29, 2021
U.S. SEC says it is evaluating stock volatility -statement
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Friday said it was closely monitoring potential wrongdoing amid recent price volatility in the U.S. stock market, and warned again...
Jan 29, 2021
New Toyota tech unit promises world’s safest drive
By Eimi Yamamitsu TOKYO (Reuters) - Toyota Motor Corp unveiled its Woven Planet research unit at a virtual media event on Friday, promising to deliver the world's "safest mobility" as competition heat...
Jan 29, 2021
Citron to stop publishing short-selling research, says Left
(Reuters) - Short-seller Andrew Left, whose company Citron was one of the hedge fund players to spark this week's battle with small-time traders over GameStop Corp, said in a YouTube video on Friday t...
Jan 29, 2021
Exclusive: Italy G20 presidency to push for debt relief, new IMF drawing rights
By Giuseppe Fonte and Gavin Jones ROME (Reuters) - Italy, this year's president of the Group of 20 rich and emerging nations, will push its members to extend debt relief to poor countries struggling t...
Jan 29, 2021
U.S. labor costs rise solidly in the fourth quarter
WASHINGTON (Reuters) - U.S. labor costs increased more than expected in the fourth quarter amid a jump in wages, supporting views that inflation could accelerate this year. The Employment Cost Index, ...
Jan 29, 2021
U.S. consumer spending falls for second straight month in December
WASHINGTON (Reuters) - U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of COVID-19 and a temporary expiration of government-fu...
Jan 29, 2021
BlackBerry execs sold shares as Reddit-driven rally started
By Jessica DiNapoli (Reuters) - Three BlackBerry executives, including the chief financial officer, sold $1.7 million of the telecoms technology firm's stock in the early days of this month's meteoric...
Jan 29, 2021
OPEC Jan oil output rises for 7th month, Nigeria limits gain-survey
By Alex Lawler LONDON (Reuters) - OPEC oil output has risen for a seventh month in January, a Reuters survey found, after the group and allies agreed to ease record supply curbs further, although an i...
Jan 29, 2021
J&J COVID-19 vaccine is 72% effective in the U.S., and 66% overall in large trial
By Julie Steenhuysen (Reuters) - Johnson & Johnson on Friday said its single-dose vaccine was 72% effective in preventing COVID-19 in the United States but a lower rate of 66% was observed globally in...
Jan 29, 2021
