Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Britain removes 175 trade barriers to help boost exports
LONDON (Reuters) - Britain said it has removed 175 barriers to trade across 61 countries to help boost its exports ahead of the end of the transition period with the EU. The Department for Internation...
Sep 23, 2020
UK warns of wider disruption if businesses do not prepare for end of EU transition
LONDON (Reuters) - Britain faces wider disruption at the end of its transition agreement with the European Union if businesses don't take the deadline seriously and prepare for it, Cabinet Office Mini...
Sep 23, 2020
Insurers’ hedge fund investments may face chop after dismal pandemic performance
By Maiya Keidan and Carolyn Cohn LONDON (Reuters) - Having complained for years about hedge funds' high fees and lacklustre performance, insurance firms may be preparing to cut allocations to the sect...
Sep 23, 2020
Clarida: No thought will be given to rate hike until inflation ‘at least’ 2%
WASHINGTON (Reuters) - Federal Reserve vice chair Richard Clarida said Wednesday that policymakers "are not even going to begin thinking" about raising interest rates until inflation hits 2%, comments...
Sep 23, 2020
‘Active’ fund managers beaten by benchmarks during COVID volatility
By Marc Jones LONDON (Reuters) - Active fund managers, who pick and choose investments rather than passively track indexes, have failed to cash in on the financial market volatility caused by COVID-19...
Sep 23, 2020
Ant Group to raise $17.5 billion via Hong Kong IPO without cornerstone investors: sources
HONG KONG (Reuters) - China's Ant Group plans to raise about half of its $35 billion dual listing via the Hong Kong leg, without setting up a cornerstone tranche and betting on strong demand from inst...
Sep 23, 2020
JPMorgan to move $230 billion of assets to Germany ahead of Brexit: source
By Lawrence White and Abhishek Manikandan LONDON (Reuters) - JPMorgan Chase & Co is moving about 200 billion euros ($234 billion) of assets from the United Kingdom to Germany as a result of Britain's ...
Sep 23, 2020
EU regulators extend Google, Fitbit deal probe to December 23
BRUSSELS (Reuters) - EU antitrust regulators have extended their investigation into Alphabet unit Google's fitness tracker maker Fitbit to Dec. 23, the European Commission said on Wednesday. The EU co...
Sep 23, 2020
Brazil’s steep rate curve should pose no threat to government funding
By Jamie McGeever BRASILIA (Reuters) - Despite a spike in Brazil's long-term interest rates serving as a "warning" to remedy public finances, the central bank's record low official interest rate means...
Sep 23, 2020
Mars drops Uncle Ben’s brand image after racial stereotyping row
(Reuters) - Mars Inc said on Wednesday it was changing the name and branding of its Uncle Ben's rice products after the brand came under fire for promoting racial stereotypes. The company said it woul...
Sep 23, 2020
