Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EU does not expect UK trade deal by Friday – sources
BRUSSELS (Reuters) - Two European Union diplomats and an official with the bloc said on Thursday they did not expect a new trade deal with Britain to come together by Friday, saying negotiators were s...
Dec 17, 2020
Trying to bridge gaps but no post-Brexit trade deal most likely, says UK PM’s spokesman
LONDON (Reuters) - British negotiators are still trying to bridge gaps in trade talks with the European Union but ending a transition period without such an agreement remains the most likely outcome, ...
Dec 17, 2020
Japan plans record $1.03 trln budget, struggles to contain virus, debt
By Takaya Yamaguchi TOKYO (Reuters) - Japan's government plans a record-high $1.03 trillion budget for the next fiscal year, boosted by its coronavirus response and rising welfare and military spendin...
Dec 17, 2020
Bank of England leaves stimulus unchanged before Brexit endgame
LONDON (Reuters) - The Bank of England kept its stimulus programme unchanged on Thursday as it awaited the outcome of Britain's trade deal talks with the European Union, and said it would tolerate tem...
Dec 17, 2020
Futures gain on stimulus hopes ahead of jobless claims
By Ambar Warrick (Reuters) - U.S. stock index futures rose on Thursday on increased hopes of imminent signing of a coronavirus stimulus bill, while investors kept an eye out for economic cues from wee...
Dec 17, 2020
Samsung works its way into European 5G race to fill Huawei gap
By Isla Binnie, Supantha Mukherjee and Mathieu Rosemain MADRID/STOCKHOLM/PARIS (Reuters) - European mobile operators are starting to consider Samsung Electronics, long seen as a non-starter, in the ra...
Dec 17, 2020
EU extends economic sanctions on Russia for another six months
BRUSSELS (Reuters) - The European Union prolonged on Thursday its economic sanctions on Russia for its intervention in Ukraine by another six months, the bloc's council of governments said in a statem...
Dec 17, 2020
UBS open to ‘consolidator’ role in European banking – chairman
ZURICH (Reuters) - UBS is open taking on a role as a consolidator in Europe's banking industry, Chairman Axel Weber told Germany's Manager Magazin in an interview published on Thursday, adding the ban...
Dec 17, 2020
Factbox-What’s new with the Fed’s 2020 bank stress tests?
By Pete Schroeder WASHINGTON, December 17 (Reuters) - The Federal Reserve's bank stress tests have been significantly different in 2020, thanks to regulatory changes and the dramatic economic turmoil ...
Dec 17, 2020
EU watchdog sets out ‘evolutionary’ change to insurance capital rules
LONDON (Reuters) - The European Union's capital rules for insurers need changing to reflect low interest rates and the need stronger supervisory powers to tackle risks, the bloc's insurance watchdog s...
Dec 17, 2020
