Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Cerberus vows no let up in push for change at Commerzbank
FRANKFURT (Reuters) - Cerberus will use "alternative paths" to force leadership change at Commerzbank if it continues to resist calls to reform, the activist investor said in a letter to Germany's sec...
Jun 16, 2020
Fed’s Powell set to reiterate long U.S. economic recovery, call for more fiscal support
By Lindsay Dunsmuir WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell on Tuesday begins the first of two days of testimony before U.S. lawmakers in which he will map out how the United States...
Jun 16, 2020
Fed bolsters credit market support with latest launch
By Kate Duguid and Megan Davies NEW YORK (Reuters) - The New York Federal Reserve's planned launch on Tuesday of a bond-buying facility could help ease the potential stigma for companies of asking for...
Jun 16, 2020
Investors believe stock markets are ‘overvalued’: BofA survey
LONDON (Reuters) - A whopping 98% of investors surveyed by Bank of America believe markets are "overvalued" after world stocks bounced back from March lows at a record pace driven by government stimul...
Jun 16, 2020
EU antitrust regulators to investigate Apple’s App Store, Apple Pay
BRUSSELS (Reuters) - EU antitrust regulators opened on Tuesday two investigations into Apple regarding its App Store and Apple Pay, saying restrictions imposed by the iPhone maker may have breached EU...
Jun 16, 2020
Australian watchdog imposes licensing conditions on SocGen securities
By Paulina Duran SYDNEY (Reuters) - Societe Generale's Australian securities business faces restrictions on new customers if it does not comply with new licensing conditions related to client money la...
Jun 16, 2020
Huge EU transport projects too slow, costs skyrocketing, auditors say
By Marine Strauss BRUSSELS (Reuters) - Some of the huge EU road and rail projects worth more than 1 billion euros ($1.13 billion) each are not moving fast enough to ensure they are running at full cap...
Jun 16, 2020
Greece shortlists seven investors for privatisation of gas supplier DEPA Commercial
ATHENS (Reuters) - Greece's privatisation agency (HRADF) said on Tuesday it has shortlisted seven investors for the purchase of a majority stake in the country's dominant gas supplier DEPA Commercial....
Jun 16, 2020
Britain tells banks to prepare for pandemic debt pile
By Huw Jones LONDON (Reuters) - British banks need to accelerate preparations for dealing with businesses unable to repay money borrowed to bridge the coronavirus pandemic, the national financial sect...
Jun 16, 2020
Swiss National Bank expected to maintain negative rates: Reuters poll
ZURICH (Reuters) - The Swiss National Bank is likely to keep its policy interest rate at minus 0.75% until the end of 2021 at least, according to economists polled by Reuters. All 34 analysts surveyed...
Jun 16, 2020
