Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bayer shares tumble after judge questions part of Roundup settlement
FRANKFURT (Reuters) - Bayer shares dropped 6% on Tuesday after a U.S. judge questioned the German company's proposed settlement to deal with future claims relating to allegations that its widely-used ...
Jul 07, 2020
Euro zone set for deeper recession, less steep rebound: Commission
By Philip Blenkinsop BRUSSELS (Reuters) - The euro zone economy will drop deeper into recession this year and rebound less steeply in 2021 than previously thought, the European Commission forecast on ...
Jul 07, 2020
Companies seen slashing capex 12% this year, deeper than in 2009: data
By Patturaja Murugaboopathy BENGALURU (Reuters) - Big and mid-cap firms globally are expected to slash capital spending by an average 12% this year as they reel from the fallout of lockdowns and other...
Jul 07, 2020
ECB may ask banks to withhold dividends for longer
FRANKFURT (Reuters) - The European Central Bank is considering an extension to a recommendation that banks suspend dividends and share buybacks, and will soon provide an update, ECB bank supervisor Ke...
Jul 07, 2020
Germany agrees measures to make financing of exports easier
BERLIN (Reuters) - Germany's Economy Ministry said on Tuesday the government has decided on a package of measures to make the financing of export business easier as it seeks to revive industry's prosp...
Jul 07, 2020
On Huawei row, minister says UK can defend values and get investment
LONDON (Reuters) - Britain can welcome foreign investment while also standing up for its values, business minister Alok Sharma said on Tuesday after China warned that a dispute over tech firm Huawei c...
Jul 07, 2020
UK house prices fall for longest period since 2010: Halifax
LONDON (Reuters) - British house prices fell for a fourth month in a row in June as COVID-19 continued to depress the market, the longest run of monthly declines since 2010, mortgage lender Halifax sa...
Jul 07, 2020
Aker BP sees second-quarter pretax profit, to reverse impairments
OSLO (Reuters) - Aker BP swung to a pretax profit in the second quarter from a loss in the first three months of the year, the Norwegian oil company said in a preliminary update on Tuesday. Aker BP, j...
Jul 07, 2020
Court grants relief to Unilever’s India unit over ‘Glow & Handsome’ trademark
BENGALURU (Reuters) - An Indian court has directed consumer goods maker Emami Ltd to give bigger rival Hindustan Unilever Ltd seven days notice before initiating legal proceedings over the 'Glow & Han...
Jul 07, 2020
Credit Agricole CEO sees ‘encouraging’ signs of French economic bounce
PARIS (Reuters) - Credit Agricole's Chief Executive Philippe Brassac said on Tuesday there were signs economic activity was picking up in France, in the aftermath of the coronavirus lockdown. "We have...
Jul 07, 2020
