Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Column: Hedge funds build large bullish position in WTI – Kemp
By John Kemp LONDON (Reuters) - Hedge funds and other money managers continued to accumulate bullish positions in crude oil and its products last week but almost all buying remains concentrated in WTI...
Syndicated Content May 26, 2020
Exclusive: ECB prepares for the worst: life without the Bundesbank – sources
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank (ECB) is drafting contingency plans to carry out its multi-trillion bond-buying programme without the Bundesbank ...
Syndicated Content May 26, 2020
Sanofi shares down despite $13 billion Regeneron payday
PARIS (Reuters) - Shares in Sanofi fell on Tuesday despite the French drugmaker's impending $13 billion payday from selling most of its 20.6% stake in U.S. partner Regeneron . By 1111 GMT, shares in S...
Syndicated Content May 26, 2020
Mexico economy more robust than initially estimated at start of 2020
MEXICO CITY (Reuters) - Mexico's economy performed better than initially estimated during the first quarter, as growth in activities like farming and forestry partly offset declines in manufacturing a...
Syndicated Content May 26, 2020
NYSE to reopen trading floor closed by coronavirus
By John McCrank NEW YORK (Reuters) - The New York Stock Exchange will partially reopen the trading floors at its iconic 11 Wall Street building on Tuesday for the first time since March 20 when the bo...
Syndicated Content May 26, 2020
Hedge funds target France as short-selling bans lifted
By Maiya Keidan LONDON (Reuters) - A cluster of big name hedge funds have started betting against French companies, moving in after the lifting of a short-selling ban imposed earlier this year to calm...
Syndicated Content May 26, 2020
Demand rise, output cuts could mean oil market balance in June
By Noah Browning LONDON (Reuters) - Recovering demand as coronavirus lockdowns ease combined with output cuts by top producers could balance global oil markets as soon as June, some analysts and banks...
Syndicated Content May 26, 2020
Supercar maker McLaren to cut 1,200 jobs amid pandemic: Sky News
(Reuters) - Surrey-based supercar maker McLaren is cutting about 1,200 jobs from its workforce as it deals with the COVID-19 pandemic, Sky News reported on Tuesday. The job cuts equate to more than 25...
Syndicated Content May 26, 2020
COVID-19 lawsuit takes on McDonald’s like it was a rowdy bar
By Tom Hals (Reuters) - As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to streng...
Syndicated Content May 26, 2020
Armed with whistleblower tips, U.S. SEC cracks down on coronavirus misconduct
By Katanga Johnson WASHINGTON (Reuters) - The novel coronavirus outbreak and economic fallout is proving to be a bonanza for whistleblower lawyers as the U.S. securities regulator cracks down on a ran...
Syndicated Content May 26, 2020
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