Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
New York regulator proposes easing cryptocurrency rules
(Reuters) - New York's financial regulator on Wednesday proposed easing rules for virtual currency companies that want to do business in the state. The plan would allow companies to obtain conditional...
Jun 24, 2020
BP’s stranded Canadian, Angolan assets expose wider industry risks
By Ron Bousso and Shadia Nasralla LONDON (Reuters) - When BP slashed its long-term oil price outlook last week, prospects in Canada and Angola were rendered worthless, company sources and analysts sai...
Jun 24, 2020
As Lebanese pound crumbles, Berri urges ‘financial state of emergency’
BEIRUT (Reuters) - Parliament speaker Nabih Berri urged Lebanon's government, central bank and commercial banks on Wednesday to declare a "financial state of emergency" and review all steps to protect...
Jun 24, 2020
Canada’s financial capital, Toronto, set for muted reopening as big banks keep staff home
By Nichola Saminather TORONTO (Reuters) - Toronto, Canada's financial capital, was set for a muted reopening on Wednesday following a three-month shutdown for the coronavirus pandemic, as several of i...
Jun 24, 2020
Wells Fargo signs multi-year contracts with Shell for clean energy
(Reuters) - U.S. lender Wells Fargo said on Wednesday it had signed multi-year purchase agreements for renewable energy with Royal Dutch Shell's units, as it progresses toward its clean energy goals. ...
Jun 24, 2020
IMF predicts deeper global recession due to coronavirus pandemic
WASHINGTON (Reuters) - The coronavirus pandemic is causing wider and deeper damage to economic activity than first thought, the International Monetary Fund said on Wednesday, prompting the institution...
Jun 24, 2020
IMF sees sharper than anticipated recession in Saudi Arabia
By Davide Barbuscia DUBAI (Reuters) - Saudi Arabia's economy will shrink by 6.8% this year, the International Monetary Fund (IMF) said on Wednesday, a sharper decline than the 2.3% contraction estimat...
Jun 24, 2020
U.S. probes touchscreen failures in Tesla Model S cars
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration (NHTSA) said Tuesday it had opened an investigation into 63,000 Tesla Model S cars after reports of media control unit fa...
Jun 24, 2020
EU delays greater competition in derivatives market by a year
LONDON (Reuters) - The European Union said it has delayed the introduction of rules aimed at increasing competition in derivatives clearing after concerns that the COVID-19 pandemic has hindered marke...
Jun 24, 2020
Atlantia concession deal elusive but talks resume: sources
By Francesca Landini and Giuseppe Fonte MILAN (Reuters) - Benetton-led Atlantia and the Italian government have launched a new attempt to break a stalemate over the group's motorway concession, but a ...
Jun 24, 2020
