Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Pandemic prompts call for EU catastrophe insurance cover
LONDON (Reuters) - A European Union framework is needed to provide insurance cover for catastrophes such as pandemics and huge cyber attacks, the Federation of European Risk Management (FERMA) said on...
May 26, 2020
Macy’s announces $1 billion bond offering to repay credit facility
(Reuters) - Macy's Inc said on Tuesday it planned to raise $1.1 billion in a bond offering, backed by a first mortgage on some of its properties, to repay funds borrowed under a revolving credit facil...
May 26, 2020
France says EU recovery fund cannot come at expense of long-term budget
PARIS (Reuters) - France said on Tuesday a European Union recovery fund to help countries deal with the economic impact of the coronavirus crisis should not be an excuse for fiscally conservative coun...
May 26, 2020
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...
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 ...
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...
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...
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...
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...
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...
May 26, 2020
