Author Archives: Syndicated Content
Fed, regulators take step to encourage more Main Street loans
(Reuters) - The Federal Reserve on Friday offered updated guidance to banks on its Main Street Lending Program, telling them that U.S. regulators will not criticize lenders who make loans that meet th...
Sep 18, 2020
Strong earthquake rattles Crete in southern Greece
ATHENS (Reuters) - A strong tremor shook the Greek island of Crete on Friday. The Athens Geodynamic Institute said the quake had a magnitude of 5.4 and occurred at 16:28 GMT, 20 kilometres southwest o...
Sep 18, 2020
UK insurers should make payments fast after business interruption judgment: watchdog
LONDON (Reuters) - Britain's markets watchdog said on Friday it was "critical" that insurers pay valid claims in full at the earliest possible date, following a High Court ruling on business interrupt...
Sep 18, 2020
U.S. judge declines to block Commerce Department WeChat order
By Karen Freifeld and David Shepardson NEW YORK/WASHINGTON (Reuters) - A U.S. judge in California declined to block the Commerce Department order issued Friday that will prohibit U.S. app stores from ...
Sep 18, 2020
U.S. Gulf Coast tourism, already stung by pandemic, slammed by Hurricane Sally
By Devika Krishna Kumar PENSACOLA BEACH, Fla. (Reuters) - Hurricane Sally made a direct hit on the U.S. Gulf Coast this week, dealing a blow to a popular tourist destination already reeling from the c...
Sep 18, 2020
Designer Bora Aksu presents pandemic-inspired collection at London Fashion Week
By Sarah Mills LONDON (Reuters) - Turkish designer Bora Aksu said the coronavirus pandemic inspired his latest collection, which looks back over one hundred years to the Spanish flu pandemic and the e...
Sep 18, 2020
EIB ups financing for Fiat Chrysler’s electric vehicles to 800 million euros
MILAN (Reuters) - The European Investment Bank (EIB) has increased to almost 800 million euros ($949 million) its funding to Fiat Chrysler Automobiles (FCA) to support production of electric and hybri...
Sep 18, 2020
Canada’s Quebec launches police blitz in bars as COVID-19 cases climb
MONTREAL (Reuters) - The Canadian province of Quebec on Friday announced a police operation targeting more than 1,000 bars and restaurants this weekend to enforce rules curbing the spread of coronavir...
Sep 18, 2020
Chime leapfrogs Robinhood as most valuable U.S. fintech startup
(Reuters) - Chime has raised $485 million in a new funding round that values the digital-only banking firm at $14.5 billion, a company spokeswoman said on Friday. At its latest valuation, Chime has no...
Sep 18, 2020
Unity Software’s shares soar 44% in NYSE debut
(Reuters) - Shares of Sequoia-backed startup Unity Software Inc jumped 44.2% in their debut on the New York Stock Exchange on Friday, signaling a sustained demand for new stocks. The company's stock o...
Sep 18, 2020
