Author Archives: Syndicated Content
EU markets watchdog has no plans to scrap Euribor benchmark
LONDON (Reuters) - Euribor, a euro version of the tarnished Libor interest rate benchmark, will be available for the forseeable future, the European Union's markets watchdog said on Monday. Regulators...
Sep 21, 2020
J.P. Morgan opens way for COVID support with key bond index changes
LONDON (Reuters) - J.P. Morgan's prominent bond index division has made a key rule change that could pave the way for some of the world's poorest countries struggling with the COVID-19 pandemic to rec...
Sep 21, 2020
Bids for Exxon UK’s oil and gas fields due on Oct. 28: sources
(Reuters) - Bids for a portfolio of Exxon Mobil's British North Sea oil and gas fields, which is expected to fetch around $1 billion following this year's oil price weakness, are due on Oct. 28, two s...
Sep 21, 2020
Exclusive: Center for American Progress takes aim at Trump’s Wall Street-friendly rules
By Katanga Johnson and Pete Schroeder WASHINGTON (Reuters) - Washington's leading liberal think tank, which for years has shaped Democratic financial, economic and social policies, has begun drawing u...
Sep 21, 2020
Latest on the worldwide spread of coronavirus
(Reuters) - Coronavirus infections slowed in Australia and New Zealand, while Britain said it was at a "tipping point" on COVID-19 as European countries mulled tightening restrictions to curb a sharp ...
Sep 21, 2020
Factbox: Here are rules liberals think they could reverse under Biden presidency
By Pete Schroeder and Katanga Johnson WASHINGTON (Reuters) - Influential liberal think tanks are starting to identify Wall Street-friendly rule changes made by the Trump administration that could be s...
Sep 21, 2020
Cobalt demand for 5G technology to challenge electric vehicles
By Pratima Desai LONDON (Reuters) - The need for larger rechargeable batteries and more energy storage for 5G technology is expected to significantly boost demand for cobalt over coming years and pote...
Sep 21, 2020
Wall Street-backed exchange MEMX to launch on Monday: WSJ
(Reuters) - The Members Exchange (MEMX), a new bourse backed by major Wall Street firms as a potential rival to the New York Stock Exchange and the Nasdaq , is set to launch on Monday, the Wall Street...
Sep 21, 2020
Illumina to pay $7.1 billion for cancer test developer Grail: WSJ
(Reuters) - Gene sequencing company Illumina Inc will pay $7.1 billion in cash and stock to buy cancer test startup Grail Inc, the Wall Street Journal reported on Monday, citing people familiar with t...
Sep 21, 2020
Myanmar rejects calls to postpone election despite virus surge
By Shoon Naing YANGON (Reuters) - Myanmar plans to push ahead with a November general election despite calls from opposition parties to postpone it because of a surge in novel coronavirus cases, offic...
Sep 21, 2020
