Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Citigroup pledges over $1 billion to combat racial inequality
(Reuters) - Citigroup Inc said on Wednesday it would set aside more than $1 billion to support initiatives that help close the racial wealth gap and increase economic mobility for people of color. The...
Sep 23, 2020
Britain hopes for progress on removing U.S. tariffs on Scotch whisky: minister
LONDON (Reuters) - Britain is hopeful that it can make progress on removing U.S. tariffs imposed on Scotch whisky as a result of a dispute between the United States and the European Union over aircraf...
Sep 23, 2020
SocGen’s Oudea speeds up overhaul as shares hit rock bottom
By Maya Nikolaeva PARIS (Reuters) - Societe Generale is considering merging its two French retail networks in an attempt to boost profitability, after two consecutive quarterly losses due to poor trad...
Sep 23, 2020
UK determined to secure a deal with EU – senior minister Gove
LONDON (Reuters) - Britain is determined to get a trade deal with the European Union senior cabinet minister Michael Gove said on Wednesday. "We're absolutely determined to do everything that we can t...
Sep 23, 2020
Cleveland Fed’s Mester does not comment on U.S. economic, policy outlook
(Reuters) - Cleveland Federal Reserve Bank President Loretta Mester did not comment on the U.S. economic or monetary policy outlook on Wednesday in remarks prepared for a conference on payments. (Repo...
Sep 23, 2020
Next Insurance raises $250 million, valuation exceeds $2 billion
By Jane Lanhee Lee (Reuters) - Next Insurance, an insurance startup serving small businesses and freelance workers on Wednesday said it raised $250 million in funding. The company was valued at over $...
Sep 23, 2020
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
