Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Sberbank bets on e-commerce in expansion beyond banking
MOSCOW (Reuters) - Russia's largest lender Sberbank expects its non-financial businesses to generate 60% of company revenues by 2030, with e-commerce at the heart of a new three-year strategy, unveile...
Nov 30, 2020
Main economic boost from COVID vaccines will come later, BoE’s Tenreyro says
LONDON (Reuters) - Bank of England policymaker Silvana Tenreyro said the main economic boost from progress on COVID-19 vaccines would only come when the jabs are rolled out, and the BoE should prevent...
Nov 30, 2020
Ivory Coast, Ghana cancel cocoa sustainability schemes run by chocolatemaker Hershey
ABIDJAN/LONDON (Reuters) - Ivory Coast and Ghana are cancelling all cocoa sustainability schemes run by U.S.-based Hershey in the west African countries, accusing the chocolatemaker of trying to avoid...
Nov 30, 2020
UK select committee calls for help for Arcadia pension members
LONDON (Reuters) - A British parliamentary committee has called on the pensions regulator to fight for those workers at Philip Green's Arcadia Group which is battling to secure its future during the p...
Nov 30, 2020
Biden taps Yellen for Treasury, announces other members of economic team
WASHINGTON (Reuters) - U.S. President-elect Joe Biden will nominate former Federal Reserve chair Janet Yellen to be his treasury secretary and announced other members of his economic team on Monday, t...
Nov 30, 2020
Euro zone may need more fiscal, monetary support because of second COVID wave: IMF
By Jan Strupczewski BRUSSELS (Reuters) - Euro zone governments and the European Central Bank may need to provide more fiscal and monetary support than initially expected because of the effects of the ...
Nov 30, 2020
Fed says extending four emergency liquidity programs to March 31, 2021
WASHINGTON (Reuters) - The U.S. Federal Reserve said Monday it is extending emergency liquidity programs for the commercial paper and other key financial markets through March 31, a step to help finan...
Nov 30, 2020
Mexico government unveils second investment plan worth $11.4 billion
MEXICO CITY (Reuters) - Mexico's Finance Minister Arturo Hererra on Monday announced a second package of 29 infrastructure investments assembled between the government and the private sector worth som...
Nov 30, 2020
Bitcoin jumps past $19,200, all-time high again in focus
LONDON (Reuters) - Bitcoin jumped past $19,000 on Monday, moving closer to its all-time record after a sharp tumble last week checked its 2020 rally. It was last up 5.6% at $19,220, near its record $1...
Nov 30, 2020
Bank of Israel leaves benchmark rate unchanged at 0.1%
JERUSALEM (Reuters) - The Bank of Israel held its benchmark interest rate at 0.1% for a fifth straight meeting on Monday, preferring to keep it above zero while using bond purchases and other measures...
Nov 30, 2020
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