Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Top hedge funds earn $63.5 billion in 2020, highest in a decade: LCH data
By Svea Herbst-Bayliss BOSTON (Reuters) - The world's 20 best-performing hedge funds earned $63.5 billion for clients in 2020, setting a record for the last 10 years during a chaotic time when technol...
Syndicated Content Jan 24, 2021
BP’s oil exploration team swept aside in climate revolution
By Ron Bousso LONDON (Reuters) - Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of ...
Syndicated Content Jan 24, 2021
Pacific island nations turn to Beijing-backed AIIB as pandemic sinks economies
By Jonathan Barrett and Praveen Menon SYDNEY/WELLINGTON (Reuters) - Pacific island nations are turning to China-led agencies to plug funding gaps in their pandemic-ravaged budgets after exhausting fin...
Syndicated Content Jan 24, 2021
Natural catastrophes cause above-average $100 billion in insurance losses in 2020: Aon
LONDON (Reuters) - Natural catastrophes resulted in $97 billion in insured losses in 2020, 40% above the average for this century, in a year when insurers also faced hefty bills due to the coronavirus...
Syndicated Content Jan 24, 2021
China was largest recipient of FDI in 2020: Report
(Reuters) - China was the largest recipient of foreign direct investment in 2020 as the coronavirus outbreak spread across the world during the course of the year, with the Chinese economy having brou...
Syndicated Content Jan 24, 2021
Renewables overtook fossil fuels in EU electricity mix in 2020: Report
By Susanna Twidale LONDON (Reuters) - Renewables overtook fossil fuels as the European Union's main source of electricity for the first time in 2020 as new projects came online and coal-power shrank, ...
Syndicated Content Jan 24, 2021
Foley-backed SPAC nears $7.3 billion deal with Blackstone’s Alight: sources
By David French (Reuters) - A blank-check acquisition firm backed by veteran investor Bill Foley is nearing an agreement to take Alight Solutions LLC, the U.S. benefits services provider owned by buyo...
Syndicated Content Jan 24, 2021
Deutsche Bank starts probe in relation to engagement with some clients
(Reuters) - Deutsche Bank AG said on Sunday it began a probe in relation to engagement with some clients after the Financial Times reported earlier that the German lender was investigating the alleged...
Syndicated Content Jan 24, 2021
Cost cuts help Siemens Energy swing to first quarter core profit
FRANKFURT (Reuters) - Siemens Energy, which makes turbines for the power sector, on Sunday said it swung to a core profit in its fiscal first quarter, helped by cost cuts and unspecified temporary eff...
Syndicated Content Jan 24, 2021
Bridgewater’s Dalio sees U.S. divided, in ‘terrible financial state’
(Reuters) - Bridgewater Associates founder Ray Dalio wrote on Twitter on Sunday that the United States is still in a "terrible financial state" and remains "terribly divided", but added he liked what ...
Syndicated Content Jan 24, 2021





