Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Toyota sees July vehicle output down 10% on initial plan
TOKYO (Reuters) - Toyota Motor Corp said on Monday it would make 10% fewer vehicles next month than originally planned, as it gradually resumes output following factory closures earlier this year due ...
Jun 22, 2020
London Stock Exchange’s Rathi to head UK financial watchdog
LONDON (Reuters) - Nikhil Rathi, head of the London Stock Exchange's UK arm, has been appointed as chief executive of the Financial Conduct Authority (FCA), Britain's finance ministry said on Monday. ...
Jun 22, 2020
Model misbehaviour: coronavirus confounds bank risk systems
By Lawrence White and Sinead Cruise LONDON (Reuters) - The novel coronavirus has upended how banks manage lending risk, with decades of data rendered moot by a once-in-a-lifetime mix of global economi...
Jun 22, 2020
Coronavirus doing almost double the debt damage as financial crash: Moody’s
LONDON (Reuters) - The coronavirus will push debt levels in the world's richest nations up by almost 20 percentage points on average this year, credit rating agency Moody's said on Monday, almost doub...
Jun 22, 2020
Turkey’s Halkbank shares jump after U.S. prosecutor in sanctions case steps down
ANKARA (Reuters) - Shares in Turkish state lender Halkbank surged 8% on Monday after U.S. federal chief prosecutor Geoffrey Berman, who oversaw a court case against the bank, stepped down over the wee...
Jun 22, 2020
Germany: All financial institutions must be ready for a hard Brexit
BERLIN (Reuters) - Germany's deputy finance minister on Monday said that it was necessary to prepare for the worst on Brexit and urged banks to be ready for a hard Brexit, adding there is a very stron...
Jun 22, 2020
Exclusive: U.S., Brazil protest Thailand’s pesticide ban over impact on wheat, soy exports – documents
By Patpicha Tanakasempipat BANGKOK (Reuters) - The United States and Brazil lodged separate protests with Thailand over its ban on two farm chemicals earlier this month, documents reviewed by Reuters ...
Jun 22, 2020
ECB ready to cooperate to resolve German legal dispute, VP says
FRANKFURT (Reuters) - The European Central Bank is ready to cooperate with German "institutions" to resolve a legal dispute that jeopardises the participation of the euro zone's biggest economy in the...
Jun 22, 2020
Ex-BoE governor Carney sees need for greater investment after COVID
LONDON (Reuters) - Former Bank of England Governor Mark Carney said there would need to be greater public and private investment as the economy came out of the coronavirus slump, to counteract potenti...
Jun 22, 2020
China says espionage cases against Canadians not linked to Huawei CFO
BEIJING (Reuters) - China said on Monday the espionage cases against two Canadian citizens in the country are unrelated to the ongoing extradition case in Canada against Huawei senior executive Meng W...
Jun 22, 2020
