Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bank of England’s Ramsden sees 0.1% as floor for rates
LONDON (Reuters) - Bank of England Deputy Governor Dave Ramsden said he thought the floor for the central bank's key interest rate was 0.1% but the BoE was "duty-bound" to consider whether it could ta...
Sep 28, 2020
‘Take home’ lawsuits over COVID infections could be costly for U.S. employers
By Tom Hals (Reuters) - U.S. businesses with COVID-19 outbreaks are facing an emerging legal threat from claims that workers brought coronavirus home and infected relatives, which one risk analysis fi...
Sep 28, 2020
Weibo owner Sina to be taken private by CEO in $2.6 billion deal
(Reuters) - Sina Corp , owner of social media platform Weibo, will be taken private by a holding company led by Chief Executive Officer Charles Chao in a $2.6 billion deal, the Chinese internet compan...
Sep 28, 2020
Poland expects EU to approve more public aid for coal mines
WARSAW (Reuters) - Poland expects the European Commission to approve a plan to gradually close mines owned by its biggest coal producer PGG and provide more public aid for the industry, although exper...
Sep 28, 2020
Britain and EU finalise temporary derivatives clearing accord
By Huw Jones LONDON (Reuters) - The Bank of England and the European Union's securities watchdog said on Monday they have agreed on the information-sharing arrangements needed for the bloc's banks to ...
Sep 28, 2020
Japan’s little-known Nikkei 500 hits record high, outperforms U.S. S&P 500
By Tomo Uetake SYDNEY (Reuters) - The Nikkei 225 share average, Japan's best-known stock benchmark, on Monday still stood 40% below its historic peak hit three decades ago, while its lesser-known sibl...
Sep 28, 2020
Big U.S. tech firms fail to comply with curb on Europe data transfers: Schrems
BERLIN (Reuters) - Technology firms' compliance with European restrictions on transatlantic data transfers is shockingly poor, Austrian privacy campaigner Max Schrems said on Monday, publishing a surv...
Sep 28, 2020
Hedge fund manager Odey pleads not guilty to sexual assault charge
LONDON (Reuters) - Crispin Odey, one of Britain's highest-profile hedge fund managers and political donors, pleaded not guilty in court on Monday to a charge of sexual assault. Odey, 61, was charged i...
Sep 28, 2020
Uber wins back London licence despite ‘historical failings’
LONDON (Reuters) - Uber has won a legal bid to restore its London operating licence which was taken away by the city's transport regulator over safety concerns, after a judge decided on Monday that it...
Sep 28, 2020
China to tighten supervision of country’s booming online insurance business
BEIJING (Reuters) - China's banking and insurance regulator issued draft rules on Monday to rein in risks accumulated in country's booming online insurance sector. The rules, on which the regulator is...
Sep 28, 2020
