Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Westpac expects gradual interest adjustment by RBNZ next year
WELLINGTON (Reuters) - Westpac said on Tuesday eased its expectation of deeper cuts in interest rate saying it was now expecting the Reserve Bank of New Zealand (RBNZ) to cut rates twice next year to ...
Nov 30, 2020
Egypt’s finance minister expects disbursal of $1.6 billion of IMF funding by end-December
CAIRO (Reuters) - Egypt expects to receive a $1.6 billion disbursal from the International Monetary Fund by end-December, Finance Minister Mohamed Maait said on Monday. The IMF said earlier this month...
Nov 30, 2020
JPMorgan Chase may freeze salary raise for some workers: Bloomberg News
(Reuters) - JPMorgan Chase & Co is planning to freeze salary raises for most employees at the vice president level and above, Bloomberg News reported on Monday, citing people briefed on the preliminar...
Nov 30, 2020
UniCredit says CEO Mustier to step down
MILAN (Reuters) - Italy's UniCredit said Chief Executive Jean Pierre Mustier would step down at the end of his current term in April 2021. UniCredit said chairman designate Pier Carlo Padoan and the b...
Nov 30, 2020
Philip Green’s Arcadia UK fashion group falls into administration
LONDON (Reuters) - British tycoon Philip Green's Arcadia fashion group has collapsed into administration, putting over 13,000 jobs at risk and becoming the country's biggest corporate casualty of the ...
Nov 30, 2020
Antofagasta´s Centinela union rejects contract offer, opens door to strike
By Fabian Cambero SANTIAGO (Reuters) - A union at Antofagasta Minerals' Centinela copper mine in Chile rejected a contract offer from the company on Monday, paving the way for a strike at the small de...
Nov 30, 2020
De Beers plans to clean up diamond supply chain, be carbon neutral by 2030
(Reuters) - Diamond mining giant De Beers on Monday outlined plans to ethically source its diamonds and be carbon neutral by 2030 due to growing investor pressure on companies to be environmentally an...
Nov 30, 2020
U.S. bond volatility players eye 2021 inflation bump
By Aaron Saldanha and Lisa Pauline Mattackal (Reuters) - After a decade of central bank bond buying, fund managers have begun to wonder if there is again money to be made in betting or hedging against...
Nov 30, 2020
Some Suriname creditors ‘welcome’ country’s modified payment proposal
NEW YORK (Reuters) - A group of Suriname's creditors said on Monday it supported the country's modified payment deferment proposal of last week, which extended the date for response and modified some ...
Nov 30, 2020
U.S. weekly unemployment claims data flawed: government watchdog
WASHINGTON (Reuters) - The U.S. Labor Department is inaccurately estimating the number of people filing weekly claims for unemployment benefits during the pandemic, which could make it difficult for p...
Nov 30, 2020
