WASHINGTON (Reuters) – Federal Reserve vice chair Randal Quarles said Friday that it would probably be another two to three weeks before the Fed’s new loan program for mid-sized companies is up and running. “We are putting together the mechanisms for that credit to be distributed through the banks,” Quarles said of the program the […]
(Reuters) – A series of earthquakes that recently hit Puerto Rico poses a setback for the bankrupt U.S. territory in terms of its economic recovery and ability to retain residents and businesses, Moody’s Investors Service said on Tuesday. The quakes included one with a magnitude of 6.4 on Jan. 7, the Caribbean island’s most powerful […]
Brexit: Johnson says UK has ‘opportunity to expand horizons’ Logistics companies have reported smooth traffic at freight ports following fears the new customs systems would pose issues. On Monday, Europe’s busiest roll-on roll-off ferry port, Dover, reported a steady stream of traffic. Speaking to BBC News, an employee at shipping and logistics company DFDS said most […]
