Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Trump-backed new chief of Latin American bank vows to expand unity in region
By Andrea Shalal WASHINGTON (Reuters) - Mauricio Claver-Carone, the first U.S. citizen elected to lead Latin America's main development bank in its 61-year history, on Monday vowed to focus on strengt...
Sep 14, 2020
Incoming IDB chief aims to help Argentina negotiate new IMF program
WASHINGTON (Reuters) - Mauricio Claver-Carone, the White House official elected to lead Latin America's regional development bank starting Oct. 1, on Monday said he aims to play a constructive role in...
Sep 14, 2020
FCA, PSA revise merger terms due to COVID-19: source
PARIS (Reuters) - Carmakers PSA and Fiat Chrysler (FCA) have revised the terms of their planned merger, a source said on Monday, adding PSA would hold onto parts maker Faurecia and FCA would cut the c...
Sep 14, 2020
Regulators prepare to reprimand Citigroup for failing to improve risk systems: WSJ
(Reuters) - Federal regulators are preparing to reprimand Citigroup Inc for failing to improve its risk-management systems, the Wall Street Journal reported https://on.wsj.com/3mvwLES on Monday. The b...
Sep 14, 2020
JPMorgan’s Dimon says economic recovery could be derailed: report
NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon said the economic recovery from the coronavirus recession could be derailed by a lack of additional economic stimulus, the election...
Sep 14, 2020
U.S. appeals court revives New York tax on opioid companies
By Nate Raymond (Reuters) - A federal appeals court on Monday cleared the way for New York state to collect about $200 million from drug manufacturers and distributors by imposing a surcharge on them ...
Sep 14, 2020
U.S. to block some imports from China’s Xinjiang, still studying broad cotton, tomato bans: DHS
WASHINGTON (Reuters) - The Trump administration moved on Monday to block U.S. imports of cotton, apparel and other products from five specific entities in western China's Xinjiang region, but shelved ...
Sep 14, 2020
Citi accelerates risk and control investment: CFO
(Reuters) - Citigroup Inc Chief Financial Officer Mark Mason said on Monday that the bank is accelerating investments in its risk and control functions following a high profile $900 million operationa...
Sep 14, 2020
Britain names first head of new accounting body
LONDON (Reuters) - Former top PwC official Pauline Wallace has been appointed as the first chair of Britain's new Accounting Standards Endorsement Board (UKEB). International accounting rules applied ...
Sep 14, 2020
U.S. Fed appoints veteran staffer Trevor Reeve as head of monetary affairs
WASHINGTON (Reuters) - The Federal Reserve on Monday named Trevor Reeve as director of the Division of Monetary Affairs, promoting a veteran staffer and international economics expert to help guide th...
Sep 14, 2020
