Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Steelmaker Outokumpu raises 125 million euros
(Reuters) - Outokumpu Oyj issued late on Thursday a convertible bond worth 125 million euros ($140 million), saying it was seeking to optimise its capital structure and extend its debt maturity profil...
Jul 02, 2020
Fed balance sheet at seven-week low as forex swaps keep dropping
(Reuters) - The U.S. Federal Reserve's massive stash of bonds and other assets slipped for a third straight week to its smallest size since mid-May, data released by the central bank on Thursday showe...
Jul 02, 2020
Dominican Republic eyes opportunities as U.S. firms adjust supply chains
By Andrea Shalal WASHINGTON (Reuters) - U.S. companies are expanding and opening new plants in the Dominican Republic as they diversify their supply chains, moves that will help offset the economic im...
Jul 02, 2020
Luckin Coffee fails to get board approval to oust chairman
(Reuters) - Luckin Coffee Inc said on Thursday a proposal to remove Charles Zhengyao Lu as chairman of the embattled coffee chain's board did not get the number of necessary votes from directors to pa...
Jul 02, 2020
Japan asks U.S. to extradite men accused of helping ex-Nissan boss Ghosn flee
By Nate Raymond BOSTON (Reuters) - Japan has formally asked the United States to extradite a former Green Beret and his son accused of helping former Nissan Motor Co boss Carlos Ghosn flee the country...
Jul 02, 2020
Brazil has more room to cut rates, but not much more: Campos Neto
BRASILIA (Reuters) - Brazilian interest rates have room to fall further, but not much more, central bank President Roberto Campos Neto said on Thursday, warning that continued cuts from current record...
Jul 02, 2020
Boeing communications chief resigns over decades-old article on women in combat
SEATTLE (Reuters) - Boeing Co's communications chief Niel Golightly has resigned his position, the company said on Thursday, following an employee's complaint over an article the former U.S. military ...
Jul 02, 2020
U.S. stock funds shed $4.6 billion in week: Lipper
(Reuters) - U.S.-based stock funds in the week ended wednesday posted a $4.6 billion outflow, Lipper data showed on Thursday. Taxable bond funds attracted $5.6 billion, the twelfth straight weekly inf...
Jul 02, 2020
Wall Street shifts bets to big pharma as COVID-19 vaccine race progresses
By Carl O'Donnell and Sujata Rao (Reuters) - Wall Street is moving some bets on COVID-19 vaccines to large pharmaceutical companies with robust manufacturing capabilities, signaling that a love affair...
Jul 02, 2020
Fed’s Powell met with Turkey’s central bank chief in May as lira fell
SAN FRANCISCO (Reuters) - U.S. Federal Reserve Chair Jerome Powell spoke in May with Turkey's central bank chief, records released by the U.S. central bank on Thursday showed, as fallout from the coro...
Jul 02, 2020
