Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. regulator changes penalty guidelines as it pursues more sophisticated misconduct
By Chris Prentice WASHINGTON (Reuters) - The U.S. derivatives regulator is updating how it assesses penalties for the first time in decades as it pursues more sophisticated forms of misconduct, includ...
May 20, 2020
OPEC chief says oil market responding well to record OPEC+ cut
By Alex Lawler LONDON (Reuters) - OPEC is encouraged by a rally in oil prices and strong adherence to its latest output cut, its secretary general said, although sources say the group has not ruled ou...
May 20, 2020
Northern Trust shutting fund in latest prime money market stress
By Ross Kerber BOSTON (Reuters) - Northern Trust Corp said it will liquidate a $1.8 billion prime money market fund, one of a number to come under stress this year as investors withdraw cash. In filin...
May 20, 2020
Column: Physical oil market tightens as output cuts, economic recovery take hold – Kemp
By John Kemp LONDON (Reuters) - Physical crude markets are signaling a rapid shift from an enormous over-supply at the height of the coronavirus lockdowns in April toward an expected under-supply in t...
May 20, 2020
Unions say Ryanair exaggerating COVID threat to undermine conditions
DUBLIN (Reuters) - Several Ryanair trade unions say they will resist an attempt to cut pay and conditions for a five-year period, citing management promises of a swift recovery from the coronavirus cr...
May 20, 2020
Factbox: Measures in latest Italian package to help COVID-battered economy
ROME (Reuters) - Italy published late on Tuesday the details of its latest spending package to help families and firms hit by the new coronavirus. Following are some of the key measures in the emergen...
May 20, 2020
Nestle to build new plant-based food facility in China under $100 million investment plan
(Reuters) - Food giant Nestle said on Wednesday it would spend 100 million swiss francs ($103.58 million) on expanding its manufacturing footprint in China to include a new plant-based food facility a...
May 20, 2020
U.S. arrests two men wanted by Japan over former Nissan boss Carlos Ghosn’s escape
BOSTON (Reuters) - U.S. authorities on Wednesday arrested a former Special Forces soldier and another man wanted by Japan on charges that they enabled the escape of former Nissan Motor Co boss Carlos ...
May 20, 2020
Canada’s annual inflation rate goes negative for first time since 2009
OTTAWA (Reuters) - Canada's annual inflation rate fell by 0.2% in April, the first time it has hit negative territory since 2009, as the coronavirus pandemic slashed energy prices, Statistics Canada s...
May 20, 2020
Luckin Coffee shares crash on delisting risk
(Reuters) - Shares in Luckin Coffee Inc slumped almost 40% to a record low in premarket trade on Wednesday, as they resumed trading after more than a month's halt and a day after the Chinese coffee ch...
May 20, 2020
