Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Ryanair UK pilots vote to accept pay cuts to limit job losses: union
LONDON (Reuters) - Ryanair's British pilot union on Wednesday said that its members had voted by 96% to accept temporary pay cuts in order to avoid jobs losses. The British Airline Pilots Association ...
Jul 01, 2020
German authorities search Continental, VW as part of diesel probe
BERLIN (Reuters) - German prosecutors have extended their diesel emissions probe to include auto supplier Continental for its role in supplying engine components, searching the company's offices and t...
Jul 01, 2020
Investors reckon China’s grip is good for Hong Kong markets
By Samuel Shen and Noah Sin SHANGHAI/HONG KONG (Reuters) - In the streets of Hong Kong, activists protest against China's new security law. But in the trading rooms of Asia's dominant financial hub, i...
Jul 01, 2020
Sigma-Aldrich, not Merck gave misleading info in deal review, EU says
BRUSSELS (Reuters) - U.S. drugmaker Sigma-Aldrich provided incorrect and misleading information during an antitrust review of its 2015 takeover by Merck KGaA , EU regulators said on Wednesday as they ...
Jul 01, 2020
Philip Green’s UK Arcadia group to cut 500 head office jobs
LONDON (Reuters) - Philip Green's British fashion group Arcadia plans to cut 500 of its head office workforce of 2,500, it said on Wednesday, blaming the coronavirus crisis for the restructuring. "Due...
Jul 01, 2020
U.S. Commerce chief: Firms may rethink Hong Kong offices after China security law
WASHINGTON (Reuters) - Companies with headquarters in Hong Kong may now rethink having those offices as China begins cracking down on protesters under Beijing's sweeping new security law, the U.S. com...
Jul 01, 2020
World Bank to disburse $50 million loan to Georgia
TBILISI (Reuters) - The World Bank Group has approved a 45 million euro ($50.4 million) loan for Georgia to help the country mitigate the economic impact of the COVID-19 pandemic. The World Bank said ...
Jul 01, 2020
Spain working with Airbus to keep jobs in wake of restructuring
MADRID (Reuters) - The Spanish government is working with Airbus to keep jobs in the country, Prime Minister Pedro Sanchez said on Wednesday, a day after the aerospace giant announced it would cut 15,...
Jul 01, 2020
India asks telcos, internet firms to block banned Chinese apps, ByteDance to hold talks
By Sankalp Phartiyal and Aditya Kalra NEW DELHI (Reuters) - India has ordered telecom companies and other internet providers to stop access to 59 banned Chinese-origin apps, according to notices seen ...
Jul 01, 2020
Strong bookings boost Ryanair’s hopes of return to normal
By Conor Humphries DUBLIN (Reuters) - Ryanair reported "very strong" bookings from holidaymakers as it relaunched its network with 1,000 flights on Wednesday, the start of a summer that Group Chief Ex...
Jul 01, 2020
