Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
ECB’s Weidmann see no reason to easy policy further: Boersen-Zeitung
FRANKFURT (Reuters) - There's no reason to ease the European Central Bank's policy further as the euro zone economy could beat the ECB's expectations on the back of large fiscal stimulus, ECB policyma...
Oct 07, 2020
Hedge funds make pandemic bet on insurance
By Maiya Keidan and Carolyn Cohn LONDON (Reuters) - Five years after London-based hedge fund Toscafund ditched the shares it held in insurance companies, the $3.5 billion firm and its peers are flocki...
Oct 07, 2020
Virus shatters Latin America’s middle class dreams
By Adam Jourdan, Aislinn Laing, Maria Cervantes and Diego Or BUENOS AIRES/SANTIAGO/LIMA/MEXICO CITY (Reuters) - When the coronavirus hit Chile and abruptly cost Lorena Rodriguez her job, the 47-year-o...
Oct 07, 2020
White House says ‘not optimistic’ about comprehensive COVID-19 aid
WASHINGTON (Reuters) - White House chief of staff Mark Meadows on Wednesday said he was not optimistic that a comprehensive deal could be reached on further COVID-19 financial, aid but that the Trump ...
Oct 07, 2020
Lowe’s to spend another $100 million in bonuses for hourly staff
(Reuters) - Lowe's Cos Inc said on Wednesday it would give its hourly staff an additional $100 million in discretionary bonuses, as the home improvement retailer prepares for the busy holiday season. ...
Oct 07, 2020
Wells Fargo cuts 700 commercial banking jobs: Bloomberg News
(Reuters) - Wells Fargo & Co has cut 700 commercial banking jobs as part of workforce reductions that could ultimately impact "tens of thousands" of staff, Bloomberg News reported on Wednesday citing ...
Oct 07, 2020
UAE-Israel accord could bring new sparkle to Dubai diamond trade
By Alexander Cornwell DUBAI (Reuters) - The week that Israel and the United Arab Emirates normalised ties, Israeli diamond trader Zvi Shimshi headed to the United Arab Emirates to open a company in Du...
Oct 07, 2020
With EU funds, Spain plans ambitious reform of crushed economy
By Beln Carreo and Inti Landauro MADRID (Reuters) - Spain will use emergency European Union coronavirus funds for an ambitious overhaul of its economy that will ramp up public investment next year and...
Oct 07, 2020
Uneven, slow recovery seen in flows to emerging markets: IIF
NEW YORK (Reuters) - Emerging markets are in line for a slow, uneven recovery and patchy capital inflows, with developing economies outside China and India on track for a deeper recession than in the ...
Oct 07, 2020
‘Excellent’ Internal Market Bill will ensure unfettered trade in UK, says Johnson
LONDON (Reuters) - British Prime Minister Boris Johnson said on Wednesday his government's "excellent" Internal Market Bill would ensure there would be unfettered trade between Northern Ireland and th...
Oct 07, 2020
