Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Slow UK recovery risks ballooning borrowing, IFS/Citi research shows
LONDON (Reuters) - Britain's government will still be borrowing vast sums of money five years from now if the economy takes time to recover from the coronavirus fallout, new research published on Frid...
Jun 18, 2020
UK consumer sentiment strongest since COVID lockdown began – GfK
By David Milliken LONDON (Reuters) - British consumer sentiment recorded its biggest improvement in nearly four years this month as coronavirus lockdown restrictions eased, though it still remains far...
Jun 18, 2020
Japanese insurer Sompo investing $500 mln in data analytics firm Palantir
By Jane Lanhee Lee (Reuters) - Palantir Technologies Inc on Thursday said that Japanese insurance holding company Sompo Holdings Inc is investing $500 million in the Silicon Valley data analytics comp...
Jun 18, 2020
Ex-TCW fund manager appeals dismissal of sexual harassment claims
By Jessica DiNapoli NEW YORK (Reuters) - Former fund manager Sara Tirschwell on Thursday appealed a New York state judge's dismissal of the bulk of her sexual harassment lawsuit against her former emp...
Jun 18, 2020
U.S. Fed’s balance sheet shrinks for first time since February
(Reuters) - The Federal Reserve's assets shrank this week for the first time since February, reflecting a sharp drop in currency swaps with foreign central banks and a continued slackening in demand f...
Jun 18, 2020
Canada MPs vote to summon major retailers over scrapping of coronavirus bonus: Globe and Mail
OTTAWA (Reuters) - A Canadian parliamentary committee voted on Thursday to summon major retailers to demand they explain their decision to cancel temporary wage increases for workers during the corona...
Jun 18, 2020
U.S. recovery to be bumpy, muted, Fed’s Kashkari says
SAN FRANCISCO (Reuters) - With cases of Covid-19 likely to resurge, at least in some parts of the country, the U.S. economic recovery will be neither smooth nor strong, Minneapolis Federal Reserve Ban...
Jun 18, 2020
Canada won’t hike taxes to help pay for coronavirus aid programs: finance minister
OTTAWA (Reuters) - The Canadian government will not raise taxes at this time to help cover the cost of costly coronavirus aid programs, Finance Minister Bill Morneau told CTV on Thursday. The Liberal ...
Jun 18, 2020
Ovintiv lays off 25% of workforce after oil demand slumps
By Shanti S Nair and Shariq Khan (Reuters) - Ovintiv Inc said on Thursday it laid off 25% of its total workforce this month as the oil and gas producer grapples with plunging fuel demand and lower pri...
Jun 18, 2020
Textron suspends production of commercial air transport simulators at Montreal plant
(Reuters) - Textron Inc said on Thursday it would suspend the production of commercial air transport simulators at its plant in Montreal, Canada, as the coronavirus crisis hits demand. "There has been...
Jun 18, 2020
