Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Uneven progress among members hampers EU’s digital ambitions, auditors warn
By Foo Yun Chee BRUSSELS (Reuters) - The European Union's bet on advanced technologies to help its companies and the economy recover from the coronavirus pandemic faces hurdles ahead, held back by the...
Sep 22, 2020
China should raise costs to deter speculative foreign money – People’s Daily
SHANGHAI (Reuters) - China should raise the costs of short-term, cross-border money flows to buffer its financial markets from speculative capital, said Zhu Min, head of the National Institute of Fina...
Sep 22, 2020
Coronavirus accelerates Nigeria’s digital banking push
By Alexis Akwagyiram and Chijioke Ohuocha LAGOS/ABUJA (Reuters) - Civil servant Amos Dam is frustrated after waiting two hours to enter a bank in Nigeria's capital Abuja. He is one of about 20 people ...
Sep 22, 2020
Knaus Tabbert IPO expected to price towards lower end of range: source
FRANKFURT (Reuters) - German caravan maker Knaus Tabbert is guiding investors to expect a pricing of 58-60 euros a share in its initial public offering, a source close to the matter said on Tuesday. K...
Sep 22, 2020
Credit Suisse CEO expects further consolidation in European banking
ZURICH (Reuters) - Credit Suisse Chief Executive Thomas Gottstein expects more consolidation in Europe's banking sector, he said on Tuesday, despite regulatory hurdles to cross-border deals. "We have,...
Sep 22, 2020
TikTok’s promise of 25,000 new U.S. jobs sets lofty goal
By Sheila Dang (Reuters) - Even as dealmakers bicker over who will actually own TikTok Global, another question emerged after President Donald Trump agreed over the weekend to keep the wildly popular ...
Sep 22, 2020
UK and U.S. exchanged tariff offers during trade talks
LONDON (Reuters) - Britain and the United States exchanged their first tariff offers during the fourth round of trade talks, allowing a series of detailed market access discussions to be held, the UK'...
Sep 22, 2020
Bank of England to propose simpler rules for small banks
LONDON (Reuters) - Britain will adopt less bureaucratic financial rules after Brexit, starting with simpler regulation of small banks, Bank of England Deputy Governor Sam Woods said on Tuesday. The Bo...
Sep 22, 2020
German retailers expect growth this year despite coronavirus crisis
BERLIN (Reuters) - Germany's HDE retail association said on Tuesday it expected nominal sales to grow by 1.5% this year despite the coronavirus pandemic, a sharp upward revision from its previous esti...
Sep 22, 2020
Pub operator JD Wetherspoon to cut 400-450 airport jobs
LONDON (Reuters) - British pub operator JD Wetherspoon said on Tuesday it could cut 400 to 450 jobs at its sites at six airports, including London's Heathrow and Gatwick, because of the large drop in ...
Sep 22, 2020
