EU says is assessing City’s financial market access

Stock Markets44 minutes ago (Jul 08, 2020 07:50AM ET) (C) Reuters. FILE PHOTO: The sun rises behind the Canary Wharf financial district in London By Huw Jones LONDON (Reuters) – Britain’s future access to the European Union financial market must…

Canada eyes longer-term debt as servicing costs fall on lower rates: source

Economic Indicators2 hours ago (Jul 08, 2020 06:25AM ET) (C) Reuters. FILE PHOTO: Outbreak of the coronavirus disease (COVID-19) in Ottawa By Steve Scherer OTTAWA (Reuters) – Canada is eyeing issuing longer-term debt to take advantage of low interest rates,…

German economy likely to grow again from October or November: minister

Economy2 hours ago (Jul 08, 2020 06:20AM ET) (C) Reuters. Germany’s Federal Economy Minister Peter Altmaier gives a news conference in Berlin BERLIN (Reuters) – Europe’s largest economy will likely start to grow again from October or November, German Economy…

Coronavirus ‘collateral damage’ hits U.S. rural power providers

2/2 (C) Reuters. Farmer Ron Mueller checks a piglet on his farm in Cropsey 2/2 By Nick Carey CROPSEY, Ill. (Reuters) – When the coronavirus pandemic left Ron Mueller without a market for the 3,200 piglets his hog breeding operation…

Travelers are venturing out again but avoiding planes, international trips, survey shows

Economy9 hours ago (Jul 07, 2020 01:20PM ET) (C) Reuters. FILE PHOTO: Children watch the sun set as they inspect tide pools during low tide in Solana Beach, California By Jane Ross (Reuters) – Travelers (NYSE:TRV) are hitting the road…

U.S. consumer watchdog removes ‘ability-to-pay’ need from final payday loan rule

Economy9 hours ago (Jul 07, 2020 01:25PM ET) By Katanga Johnson WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau on Tuesday issued its long-awaited payday lending measure that rescinds an Obama-era proposal requiring lenders first ensure a borrower is…

Under ‘financial siege’, Lebanon must stave off strife, says Bassil

Economy8 hours ago (Jul 07, 2020 02:15PM ET) (C) Reuters. Lebanon’s caretaker Foreign Minister Gebran Bassil gestures as he speaks during a news conference in Beirut By Tom Perry and Laila Bassam BEIRUT (Reuters) – Lebanon is facing a “financial…

Fairyland, baker, tennis club: a snapshot of pandemic aid in one city

Economy8 hours ago (Jul 07, 2020 02:25PM ET) 2/2 (C) Reuters. FILE PHOTO: The city of Oakland is seen, California 2/2 By Ann Saphir SAN FRANCISCO (Reuters) – A roster of businesses receiving a piece of the $660 billion U.S.…

More U.S. Young Adults Return Home as Pandemic Reduces Options

Forex6 hours ago (Jul 07, 2020 03:36PM ET) (C) Reuters. More U.S. Young Adults Return Home as Pandemic Reduces Options (Bloomberg) — Pandemic-induced shutdowns of colleges, a lack of opportunities for newly minted graduates and limited job options are exacerbating…

Many countries may need debt restructuring after pandemic fallout: IMF chief economist

Economy7 hours ago (Jul 07, 2020 03:30PM ET) (C) Reuters. International Monetary Fund Chief Economist Gita Gopinath takes questions at the annual meetings of the IMF and World Bank in Washington By Andrea Shalal WASHINGTON (Reuters) – Many countries may…

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