Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
‘No one can self-isolate from climate change’; UK, French central banks urge action
LONDON (Reuters) - Governments must rebuild their economies after the coronavirus crisis to withstand the next shock heading their way - climate change, the central bank governors of Britain and Franc...
Jun 05, 2020
EU sets up financial crime unit as pandemic poses new risks
BRUSSELS (Reuters) - The European Union on Friday set up a unit of investigators to tackle an expected surge in finanial crime in the economic downturn triggered by the COVID-19 pandemic and crack dow...
Jun 05, 2020
Jaguar Land Rover raises $705 million loan from Chinese banks
By Yilei Sun and Brenda Goh SHANGHAI (Reuters) - Jaguar Land Rover (JLR), owned by India's Tata Motors , has entered into agreements with lenders in China for a secured term loan facility of 5 billion...
Jun 05, 2020
Corporate bonds see record inflows on central bank support: BofA
LONDON (Reuters) - Investors pumped a record $32.5 billion into corporate bond funds last week, BofA said on Friday, encouraged by the U.S. Federal Reserve's bond buying programme and on rising optimi...
Jun 05, 2020
China says forcing Chinese firms off U.S. exchanges will harm U.S.
BEIJING (Reuters) - China said on Friday that forcing Chinese firms to retreat from U.S. stock exchanges would severely harm U.S. interests. In a briefing, foreign ministry spokesman Geng Shuang also ...
Jun 05, 2020
Banks shine as European stock market rally resumes
(Reuters) - European shares resumed their rally on Friday as a bumper stimulus from the European Central Bank fuelled hopes of a faster economic recovery, putting the main benchmarks on course for the...
Jun 05, 2020
Britain cracks down on ‘vulture’ pensions advisers
LONDON (Reuters) - Britain's markets watchdog has banned contingent charging after lawmakers criticised financial advisors for ripping off steelworkers facing critical decisions about their pensions. ...
Jun 05, 2020
Garuda Indonesia secures over 90% approval for sukuk extension: CEO
JAKARTA (Reuters) - PT Garuda Indonesia has secured majority approval to extend the maturity of $500 million sukuk, or Islamic bonds, by three years, Chief Executive Irfan Setiaputra told a virtual ne...
Jun 05, 2020
Virtual certainty? Bankers ask if success of remote roadshows will last
By Scott Murdoch and Joshua Franklin HONG KONG/NEW YORK (Reuters) - Who needs expensive lunches at glitzy hotels and fancy restaurants to court investors for bond deals or the sale of new shares on th...
Jun 05, 2020
Russia says OPEC+ meeting to be held on Saturday
MOSCOW (Reuters) - The Russian energy ministry said a video conference of a group of leading oil producers, known as OPEC+, would be held on Saturday. Separately, an OPEC+ source told Reuters that the...
Jun 05, 2020
