Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Major banks tell London staff to return home ahead of England lockdown
By Sinead Cruise LONDON (Reuters) - Major banks in London have started directing all but essential workers to revert to home working, following the government's plans for a month-long lockdown in Engl...
Nov 02, 2020
Euro zone factories boomed in October as Germany roared: PMI
By Jonathan Cable LONDON (Reuters) - Manufacturing growth in the euro zone boomed in October but the recovery from severely depressed activity at the height of the coronavirus pandemic was again mostl...
Nov 02, 2020
‘All eyes on Tuesday’ as even risk-hungry retail traders pause
By Tom Westbrook and Satawasin Staporncharnchai SINGAPORE/BANGKOK (Reuters) - Asia's retail traders are trimming exposure to China before Tuesday's U.S. election, lifting short bets on U.S. stocks and...
Nov 02, 2020
New UBS CEO Hamers tells staff to be flexible, agile, focused
ZURICH (Reuters) - New UBS Chief Executive Ralph Hamers told staff to stay healthy and focus on clients as Switzerland's biggest bank presses through the coronavirus pandemic. On his first day as boss...
Nov 02, 2020
Goldman Sachs slashes Europe’s fourth quarter growth forecasts
LONDON (Reuters) - Goldman Sachs sharply cut Europe's fourth quarter economic forecasts on Monday as a surge in COVID-19 cases led to major countries announcing partial nationwide lockdowns for Novemb...
Nov 02, 2020
Analysis: Pandemic strains Russian bid to boost public finances
By Andrey Ostroukh and Darya Korsunskaya MOSCOW (Reuters) - After easing its fiscal rules and raising taxes, Russia is running out of options to bolster public finances strained by the coronavirus pan...
Nov 02, 2020
UK’s Sunak says hopeful England lockdown can be lifted in December
LONDON (Reuters) - Britain's government will seek to lift its four-week coronavirus lockdown for England in early December, finance minister Rishi Sunak said on Monday, a day after another minister sa...
Nov 02, 2020
Mall operator CBL files for Chapter 11 bankruptcy protection
(Reuters) - Shopping mall operator CBL & Associates Properties Inc voluntarily filed for Chapter 11 bankruptcy protection on Sunday, becoming the latest mall operator seeking to restructure its operat...
Nov 02, 2020
German factories had surge in new business in October ahead of restrictions: PMI
BERLIN (Reuters) - German factories saw record growth in new orders in October, a survey showed on Monday, fuelling a recovery which is under threat from new restrictions imposed by Chancellor Angela ...
Nov 02, 2020
Vitol, Trafigura see further oil demand destruction from second virus wave
By Florence Tan and Koustav Samanta (Reuters) - Global oil traders Vitol [VITOLV.UL] and Trafigura expect a resurgence in coronavirus cases in Europe and the United States to hurt fuel demand although...
Nov 02, 2020
