Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
German, French ministers back U.S. idea for 21% minimum tax rate – Zeit
BERLIN (Reuters) - The finance ministers of France and Germany support the idea of a 21% minimum corporate tax rate, as suggested by the U.S. government, they said in a joint interview in Zeit Online ...
Apr 27, 2021
After WallStreetBets, Australia’s securities regulator warns share trading forums
By Byron Kaye SYDNEY (Reuters) - Australia's securities regulator has contacted internet share trading forums to question them about policing of "pump and dump" scams on their platforms, a sign of gro...
Apr 27, 2021
Investor questions for the Fed: what about inflation, bond buying and rates?
By Saqib Iqbal Ahmed and Kate Duguid NEW YORK (Reuters) - Investors will be scrutinizing the Federal Reserve's comments at the close of its policy meeting this week, which will come on Wednesday, for ...
Apr 27, 2021
Goldman’s digital hedge-fund matchmaking push boosted by lockdowns
By Maiya Keidan (Reuters) - Goldman Sachs' long-planned online migration of some lucrative prime-brokerage businesses picked up steam during the pandemic as hedge funds and investors working from home...
Apr 27, 2021
Exclusive: Turkey’s banks shy away from Erdogan’s ‘crazy’ canal – sources
By Ebru Tuncay and Can Sezer ISTANBUL (Reuters) - Some of Turkey's biggest banks are reluctant to finance President Tayyip Erdogan's planned Istanbul canal due to environmental concerns and the invest...
Apr 27, 2021
BOJ signals prolonged easing, cuts price outlook as new COVID pain hits
By Leika Kihara and Daniel Leussink TOKYO (Reuters) - Japan's central bank maintained its massive stimulus on Tuesday and projected inflation missing its 2% target for years to come, as fresh curbs to...
Apr 26, 2021
UBS Q1 profit up 14% as Switzerland’s No. 1 bank unveils Archegos charge
By Brenna Hughes Neghaiwi ZURICH (Reuters) - UBS on Tuesday posted a 14% rise in first quarter net profit, as the world's largest wealth manager unveiled a $774 million revenue hit from the default of...
Apr 26, 2021
HSBC pretax profit rises 79% on recovery from pandemic damage
LONDON (Reuters) - HSBC Holdings PLC on Tuesday reported a much better-than-expected 79% rise in first-quarter profit, as the Asia-focused lender starts to recover from the economic damage caused by t...
Apr 26, 2021
Gucci, Facebook file joint lawsuit against alleged counterfeiter
MILAN (Reuters) - Gucci and Facebook have filed a joint lawsuit in California against an individual who allegedly used the U.S. group's social media platforms to sell fake Gucci products, the two comp...
Apr 26, 2021
China’s industrial profits rise in March on high demand for raw materials
BEIJING (Reuters) - Profits at China's industrial firms grew sharply in March from a low base a year ago, as demand for raw materials surged along with the economic recovery, but the pace of growth sl...
Apr 26, 2021
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