Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. oil production will not return soon to pre-pandemic levels, energy secretary says
By Timothy Gardner WASHINGTON (Reuters) - U.S. Energy Secretary Dan Brouillette said on Wednesday he does not expect U.S. oil production to return soon to pre-pandemic levels as demand remains weak. U...
Oct 28, 2020
Canada to spend heavily on coronavirus but ‘no blank cheques’, finance minister says
OTTAWA (Reuters) - Canada will continue spending heavily to combat a coronavirus pandemic but the government's response is limited and temporary, Finance Minister Chrystia Freeland said on Wednesday. ...
Oct 28, 2020
Aston Martin tests skittish market with $1 billion junk bond sale
By Abhinav Ramnarayan LONDON (Reuters) - British luxury car maker Aston Martin is testing investor appetite for risky assets days before the U.S. election with a 840-million-pound ($1.1 billion) junk ...
Oct 28, 2020
ECB has no objection to Elderson’s appointment to board
FRANKFURT (Reuters) - The European Central Bank has no objection to the appointment of Dutch bank supervisor Frank Elderson to its executive board to replace Yves Mersch, whose term expires on Dec. 14...
Oct 28, 2020
Germany seals new aid package worth 10 billion euros to compensate firms: sources
BERLIN (Reuters) - Germany's federal government and state premiers have agreed on a new coronavirus aid package worth up to 10 billion euros ($11.82 billion) to compensate firms forced to close due to...
Oct 28, 2020
LVMH, Tiffany agree on lower price in takeover deal: sources
(Reuters) - French luxury goods giant LVMH will pay $131.50 per share to buy Tiffany & Co , $3.50 less than what was agreed in last November, sources familiar with the matter told Reuters on Wednesday...
Oct 28, 2020
Investors bet on U.S. credit deterioration as stocks sell off
NEW YORK (Reuters) - Investors pulled out of U.S. corporate bonds on Wednesday as the three major stock indexes sold off on reports of higher COVID-19 cases worldwide and strict shutdowns planned in E...
Oct 28, 2020
Cuba says U.S. sanctions to end remittances, Western Union says not so fast
HAVANA (Reuters) - Cuba said late on Tuesday Western Union would have to shut down its operations on the island due to new U.S. sanctions, thereby cutting off key remittances, but the money transfer f...
Oct 28, 2020
World Bank economist urges G20 to move decisively, quickly on debt reductions
WASHINGTON (Reuters) - Leaders of the Group of 20 major economies should move quickly and decisively to reduce the debts of heavily indebted countries or risk a "lost decade" in terms of development, ...
Oct 28, 2020
VIX jumps to highest level since early September
By April Joyner NEW YORK (Reuters) - The Cboe Volatility Index , known as Wall Street's "fear gauge," surged on Wednesday to its highest level in nearly two months. In morning trade, the VIX was last ...
Oct 28, 2020
