Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Brazil brokerage XP puts $19 million into ESG-focused funds
SAO PAULO (Reuters) - Brazilian brokerage XP Inc on Friday said it was creating two investment funds totaling 100 million reais ($18.64 million)focused on companies with superior environmental, societ...
Jun 19, 2020
Campari shares rise as investor pushes for drinks group’s move to Netherlands
MILAN (Reuters) - Shares in Campari rose 2% on Friday after the drinks maker's controlling investor pledged to buy shares ahead of a vote next week on the group's plan to shift its registered office f...
Jun 19, 2020
Top French court upholds $56 million Google privacy breach fine
By Mathieu Rosemain PARIS (Reuters) - France's top administrative court upheld a 50 million-euro fine ($56 million) imposed last year on Alphabet's Google for breaching European Union online privacy r...
Jun 19, 2020
Philly refinery sale expected to close next week for $27.5 million less
By Laila Kearney NEW YORK (Reuters) - A sale of the Philadelphia Energy Solutions oil refinery site to real estate developer Hilco is expected to close next week for $27.5 million less than planned, t...
Jun 19, 2020
Canada’s Quebec forecasts record C$14.9 billion deficit in fiscal 2020-21 due to COVID-19
MONTREAL (Reuters) - Canada's Quebec will post a record C$14.9 billion ($11 billion)deficit during fiscal 2020-2021, as the province spent more to fight the coronavirus pandemic and while facing a 9% ...
Jun 19, 2020
Incoming Renault CEO flags turnaround challenge
PARIS (Reuters) - Renault's incoming Chief Executive Luca de Meo said on Friday he was conscious the French carmaker faced many problems, but added he was confident the group could end up becoming a p...
Jun 19, 2020
Daniel Darahem to replace Berenguer as JPMorgan Brazil head
SAO PAULO (Reuters) - Current JPMorgan Chase & Co's head of Equity Capital Markets in Hong Kong, Daniel Darahem, is returning to Brazil to head the bank's operation in the country, the bank announced ...
Jun 19, 2020
Fed’s Rosengren says more support likely needed to bolster economy
(Reuters) - The continued spread of the novel coronavirus could hamper the U.S. economic rebound from the pandemic, and more fiscal and monetary support will likely be needed, Boston Federal Reserve P...
Jun 19, 2020
Turkish central bank to make small rate cut, keep stimulus flowing: Reuters poll
By Ali Kucukgocmen ISTANBUL (Reuters) - Turkey's central bank is expected to trim its policy rate by 25 basis points to 8%, a Reuters poll showed on Friday, a relatively limited cut in an aggressive e...
Jun 19, 2020
Piraeus Bank hires advisers to auction off $7.8 billion of bad loans: sources
By George Georgiopoulos and Pamela Barbaglia ATHENS/LONDON (Reuters) - Piraeus Bank has hired JPMorgan and UBS to sell two portfolios of soured loans worth about 7 billion euros as it scrambles to cle...
Jun 19, 2020
