Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UniCredit sues Hin Leong, Glencore over ‘sham’ oil deal
By Roslan Khasawneh and Florence Tan SINGAPORE (Reuters) - Italy's UniCredit SpA has sued Hin Leong Trading Pte Ltd over a letter of credit, court documents show, one of several the Singapore oil trad...
Sep 29, 2020
U.S. consumer confidence rebounds in September
WASHINGTON (Reuters) - U.S. consumer confidence rebounded more than expected in September as households' views of the labor market improved. The Conference Board said on Tuesday its consumer confidenc...
Sep 29, 2020
Marketing firm Seismic valued at $1.6 billion in Permira-led fund round
(Reuters) - Marketing software startup Seismic said on Tuesday it had raised $92 million in Series F funding led by private equity firm Permira, valuing it at $1.6 billion. The deal makes Permira the ...
Sep 29, 2020
Europe needs to develop green hydrogen industry jointly: Enel CEO
MILAN (Reuters) - Europe needs to develop a green hydrogen industry jointly, as it did with the Airbus project, if it is to become a competitive business, the head of Europe's biggest utility Enel sai...
Sep 29, 2020
Financial firms and governments deeply sceptical of cryptocurrencies: survey
By Tom Wilson LONDON (Reuters) - Financial firms and governments overwhelmingly see cryptocurrencies as risky, a major survey found on Tuesday, with the potential for bitcoin and other digital tokens ...
Sep 29, 2020
Thiel-backed fintech Deposit Solutions launches in United States
By Douglas Busvine BERLIN (Reuters) - Deposit Solutions, a German fintech firm backed by Silicon Valley investor Peter Thiel, is launching its savings portal in the United States as it seeks a slice o...
Sep 29, 2020
Devon-WPX deal offers a playbook for future shale consolidation
By Shruti Sonal (Reuters) - The latest business combination in the U.S. shale patch is signaling a path forward for the troubled sector. In contrast to the bankruptcies of the past three months, Devon...
Sep 29, 2020
Fed’s Kaplan sees costs to pinning rates at zero
(Reuters) - The U.S. central bank should keep interest rates at their current near-zero levels until the economy is back on track to full health, likely by late 2022 or sometime in 2023, Dallas Federa...
Sep 29, 2020
Philadelphia Fed’s Harker: Recovery ‘should continue’ if new virus outbreaks limited
WASHINGTON (Reuters) - The U.S. economic recovery should continue, but depends on people using masks to slow the spread of the coronavirus and eventual deployment of a vaccine, Philadelphia Federal Re...
Sep 29, 2020
NY Fed’s Williams stresses importance of financial markets resilience
(Reuters) - Financial market conditions deteriorated in March to levels near or worse than those seen during the 2008 economic crisis, and it is important to study the causes of that volatility and de...
Sep 29, 2020
