Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Reasons for optimism – and wariness – about the U.S. stock market
By Lewis Krauskopf NEW YORK (Reuters) - A day after Wall Street suffered its worst one-day drop since the financial crisis, investors are faced with an unfamiliar dilemma: bet that stocks will bounce ...
Mar 10, 2020
Brazil stocks jump 7% in biggest gain since 2009, FX intervention boosts real
By Jamie McGeever BRASILIA (Reuters) - Brazilian stocks chalked up their biggest one-day rise in 11 years on Tuesday, on growing hopes for global economic stimulus measures and as investors bought sto...
Mar 10, 2020
Ukraine’s new PM says cooperation with IMF is his priority
KIEV (Reuters) - Ukraine's new prime minister, Denys Shmygal, said on Tuesday that the launch of a new program of the International Monetary Fund is a priority of his government, which is committed to...
Mar 10, 2020
Cannabis ETFs inch higher after touching all-time lows
By David Randall NEW YORK (Reuters) - Exchange-traded funds that invest in cannabis stocks rebounded Tuesday, one day after a global equity rout dropped them to all-time lows. The $509 million ETFMG A...
Mar 10, 2020
Brazil must stick to ‘fiscal zeal’ despite coronavirus outbreak: Economy Ministry official
BRASILIA (Reuters) - Brazil's government must maintain its "fiscal zeal" and not be sidetracked from its economic reform agenda by exogenous shocks like the coronavirus outbreak or plunge in world oil...
Mar 10, 2020
EU pledges 25 billion euros fund to tackle coronavirus crisis
BRUSSELS (Reuters) - The European Commission will set up an EU fund with a firepower of 25 billion euros ($28 billion) to tackle the economic crisis caused by the coronavirus outbreak, the head of the...
Mar 10, 2020
Fidelity names veteran Maggie Serravalli as CFO
(Reuters) - Fidelity Investments named company veteran Maggie Serravalli as chief financial officer, replacing Gerard McGraw, according to a note viewed by Reuters. Serravalli, 58, has been with the i...
Mar 10, 2020
U.S. top financial regulators discuss financial market resilience
WASHINGTON (Reuters) - Top U.S. financial regulatory officials including Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin discussed the resilience of financial markets amid...
Mar 10, 2020
More cleaning, few visitors on Chicago, London trading pits amid coronavirus
By Tom Polansek CHICAGO (Reuters) - Exchange operators in Chicago and London are making contingency plans and stepping up cleaning for the world's last remaining open-outcry futures and options tradin...
Mar 10, 2020
Morgan Stanley confirms New York employee tests positive for coronavirus
NEW YORK (Reuters) - Morgan Stanley confirmed on Tuesday that an employee at the bank's campus in Purchase, New York, has tested positive for coronavirus, according to a bank memo obtained by Reuters ...
Mar 10, 2020
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