Here are the top stories and upcoming coverage plans for Reuters text service as of 10 p.m. GMT/6 a.m. SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning. JP-MORGAN-CXLOYALTY-GROUP/JPMorgan to buy third-party loyalty program unit of cxLoyaltyJPMorgan Chase & Co said on Monday it would buy the global loyalty division of cxLoyalty Group Holdings Inc, a third-party credit card loyalty program service provider. Within weeks it became so groundbreaking it cast the U.S. central bank as creditor to the world and open to frightening amounts of risky debt. Still, what happened proved the alarmists wrong, and showed doubters the impact the Fed can have simply by being there.

Source: Ethiopian News December 28, 2020 23:26 UTC