Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Wall Street bank trading boom does little to assuage concerns about lending
By Matt Scuffham NEW YORK (Reuters) - As Wall Street banks reported quarterly results this week, investors wondered about the staying power of the trading bonanza that has floated profits, offsetting ...
Oct 16, 2020
China’s central bank unveils changes to laws for commercial banks
BEIJING (Reuters) - China's central bank issued on Friday a draft of revisions to laws for commercial banks, improving the mechanisms of risk disposal and market exit for lenders, it said, and set a N...
Oct 16, 2020
Wall Street futures perk up on vaccine hopes as stimulus stand-off weighs
By Medha Singh (Reuters) - U.S. stock index futures rose on Friday as Pfizer said it could apply for emergency use of its COVID-19 vaccine candidate as early as November, shaking off worries over a st...
Oct 16, 2020
China supports G20 proposal to extend debt relief to poor countries: PBOC head
BEIJING (Reuters) - China supports a G20 proposal to further extend debt relief to poor countries, the head of its central bank, Yi Gang, told a G20 videoconference on Thursday, according to a stateme...
Oct 16, 2020
Investors keep wary eye on Thai protests as stock market slips
By Scott Murdoch and Tom Westbrook HONG KONG/SINGAPORE (Reuters) - Escalating anti-government protests in Thailand could push one of this year's worst performing stock markets even lower, some investo...
Oct 16, 2020
Analysis: Sales of first big COVID-19 drug, remdesivir, may disappoint
By Deena Beasley (Reuters) - Investors betting on big profits from COVID-19 treatments may get an unwelcome surprise when Gilead Sciences Inc reports quarterly results this month. Its remdesivir, the ...
Oct 16, 2020
Analysis: For Canada, keeping triple-A rating may not be the focus it once was
By Fergal Smith TORONTO (Reuters) - Preserving Canada's triple-A credit rating could be less of a priority for Ottawa than in years gone by, with the focus on digging the economy out of a hole rather ...
Oct 16, 2020
Bank of England calls for mandatory company disclosures on climate risks
LONDON (Reuters) - A common set of rules on company disclosures is needed to help markets price in risks from climate change, a senior Bank of England official said on Friday. It is the latest call fr...
Oct 16, 2020
Spain hopes to raise 6.8 billion euros in new taxes, including ‘Google tax’
By Beln Carreo MADRID (Reuters) - Spain's government is proposing new taxes on digital services, financial transactions and plastic packaging in 2021 and a higher levy on sugary beverages in the hope ...
Oct 16, 2020
A millennials love affair: China’s second-hand luxury goods market booms
BEIJING (Reuters) - China's love for luxury is spilling over into the once shunned second-hand goods sector, with online stores surfing a wave of pent-up demand from shoppers, led by millennials, who ...
Oct 16, 2020
