Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
‘All my dreams are shattered’: coronavirus crushes Asia’s garment industry
By Thu Thu Aung, Ruma Paul and Poppy McPherson YANGON/DHAKA/BANGKOK (Reuters) - Zarchi Lwin pawned her only two gold bangles for $140 when the owner of the Myanmar factory where she sewed winter coats...
May 18, 2020
SEC settles charges against three former KPMG auditors
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Monday said it settled charges against three former KPMG LLP audit partners stemming from a cheating scandal at the firm. Th...
May 18, 2020
Australia to consider going to WTO on China barley tariffs
SYDNEY (Reuters) - Australia will consider approaching The World Trade Organization (WTO) after China announced anti-dumping and anti-subsidy duties totalling 80.5% on Australian barley imports from M...
May 18, 2020
Scandal-hit Westpac picks insider to head financial crime and compliance
(Reuters) - Westpac Banking Corp named an insider on Tuesday to a newly created role overseeing financial crime and compliance after the bank was caught up in a major money laundering scandal last yea...
May 18, 2020
Mexico gears up to reopen economy despite coronavirus onslaught
By Drazen Jorgic and Raul Fernandez MEXICO CITY (Reuters) - Mexico published guidelines for restarting operations in the automotive, mining and construction sectors on Monday, pushing ahead with reope...
May 18, 2020
Brazil will need to examine social programs, re-impose spending limits in 2021: official
BRASILIA (Reuters) - Brazil will need to take another look at social problems, and focus on ones that really generate results, Economic Policy Secretary Adolfo Sachsida said on Monday. April, May, Jun...
May 18, 2020
NIBC says it will pay 2019 dividend to Blackstone to ensure acquisition
AMSTERDAM (Reuters) - Dutch bank NIBC Holding NV said late on Monday it has agreed to pay its 2019 dividend to its proposed buyer, U.S. equity firm Blackstone Group Inc , before the deal settles, in o...
May 18, 2020
Fannie Mae, Freddie Mac to hire financial advisors
(Reuters) - Mortgage companies Fannie Mae and Freddie Mac said on Monday they plan on hiring financial advisors to help them exit from government conservatorship. The selection of a financial adviser ...
May 18, 2020
Disney’s Mayer to become TikTok CEO
(Reuters) - Walt Disney Co said on Monday its top streaming executive, Kevin Mayer, will leave to become the Chief Executive Officer of Bytedance's popular video app TikTok. (Reporting by Munsif Venga...
May 18, 2020
Square joins Twitter in letting employees work from home permanently
(Reuters) - Jack Dorsey-led Square Inc said on Monday that most of its employees can continue to work from home permanently even after offices reopen, following a similar announcement from Twitter Inc...
May 18, 2020
