Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Continued euro strength could hurt growth, slow inflation: Commission
BRUSSELS (Reuters) - A long-lasting appreciation of the euro's nominal effective exchange rate could hurt the euro zone's economic recovery and make the task of boosting inflation more difficult for t...
Oct 01, 2020
Big U.S. banks to report profit plunge as pandemic recession takes hold
By David Henry NEW YORK (Reuters) - As big U.S. commercial banks close their books on the third quarter, analysts expect them to report a 30% to 60% plunge in profits on the year-ago period due to the...
Oct 01, 2020
Meatpackers in the Americas accelerate automation after outbreaks, lagging Europe
By Rod Nickel, Rajesh Kumar Singh and Ana Mano WINNIPEG/CHICAGO/SAO PAULO (Reuters) - As coronavirus outbreaks among workers closed several Canadian meat plants, Henry Mizrahi saw a different future f...
Oct 01, 2020
Stimulus hopes lift futures ahead of economic data
By Devik Jain (Reuters) - U.S. stock index futures rose on Thursday as investors remained hopeful of a new coronavirus fiscal aid package ahead of a clutch of economic data including consumer spending...
Oct 01, 2020
Finland’s Konecranes and Cargotec to merge
By Anne Kauranen HELSINKI (Reuters) - Finnish engineering firm Konecranes and cargo handling machinery maker Cargotec plan to merge to help speed up innovation and reap savings, they said on Thursday,...
Oct 01, 2020
Red tape for firms is price of leaving ‘anti-science’ EU, Gove says
LONDON (Reuters) - Britain should celebrate its looming break from the "anti-science and anti-innovation" approach of the European Union even if it costs its industry more in red tape, the government'...
Oct 01, 2020
UK financial watchdog sets out post-Brexit rulebook
LONDON (Reuters) - Britain's Financial Conduct Authority (FCA) published updated rules on Thursday that will apply from January after Brexit transition arrangements end, with waivers in some cases unt...
Oct 01, 2020
EU auditors warn of shortcomings in state aid rules for banks
By Foo Yun Chee BRUSSELS (Reuters) - The EU's budget watchdog on Thursday called for a revamp of EU rules allowing governments to prop up troubled banks because of the lack of details on the condition...
Oct 01, 2020
EU leaders to tell China to meet 2019-2020 trade deadlines
By Francesco Guarascio and Robin Emmott BRUSSELS (Reuters) - European Union leaders will call on China to finalise a stalled investment agreement by the end of the year and again criticise Beijing ove...
Oct 01, 2020
UK stands by Internal Market Bill after EU opens legal case: spokesman
BRUSSELS (Reuters) - Britain has "clearly set out reasons" to change its Brexit treaty provisions on the sensitive Irish border under the new Internal Market Bill, a government spokesman said on Thurs...
Oct 01, 2020
