Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
DHL temporarily suspends Chinese import shipments to India
By Maria Ponnezhath (Reuters) - German logistics company DHL said on Wednesday it has temporarily suspended picking up import shipments from China to India, after border tensions between the countries...
Jul 01, 2020
Geely’s Volvo announces its biggest ever recall over seat belt cable
STOCKHOLM (Reuters) - Volvo Cars said on Wednesday it was recalling nearly 2.2 million cars built between 2006 and 2019 to address a potential issue with cables attached to their front seat belts in t...
Jul 01, 2020
Renault sees June recovery in French car sales stretching into third quarter
PARIS (Reuters) - Renault expects a pick-up in the French car market in June, after the country's coronavirus lockdown was lifted, to carry on into the third quarter, the brand's sales chief for Franc...
Jul 01, 2020
Euro zone factory downturn eased in June as lockdowns loosened
LONDON (Reuters) - The downturn in euro zone manufacturing was not as bad as initially thought last month after more economies in the bloc eased restrictions imposed to quell the spread of the coronav...
Jul 01, 2020
U.S. property reinsurance rates rise up to 30% at July renewals: Willis
LONDON (Reuters) - Property reinsurance rates in the United States rose as high as 30% during renewals in June and July, following years of heavy natural catastrophe losses, data from broker Willis sh...
Jul 01, 2020
European shares kick off new quarter with subdued gains
(Reuters) - European shares started the new quarter on a somber tone on Wednesday, as surging U.S. coronavirus cases kept optimism in check ahead of a slew of economic data. The pan-European STOXX 600...
Jul 01, 2020
Chinese police say Tencent likely swindled by chilli sauce impostors
SHANGHAI (Reuters) - Chinese police on Wednesday said Tencent appears to have been duped by a group of people masquerading as representatives of China's best-known chilli oil maker, Lao Gan Ma, after ...
Jul 01, 2020
Watchdog puts British banks on notice but no overdraft inquiry
By Huw Jones LONDON (Reuters) - Britain's financial watchdog will not open a formal inquiry into how banks charge for overdrafts, but put them on notice on Wednesday of a full evaluation of their pric...
Jul 01, 2020
Britain extends pandemic credit card relief
By Huw Jones LONDON (Reuters) - Consumers in difficulties due to the COVID-19 pandemic will have more time to ask for a temporary freeze on their credit card payments, Britain's Financial Conduct Auth...
Jul 01, 2020
French government calls on Airbus to make as few compulsory job cuts as possible
PARIS (Reuters) - The French government is urging Airbus to make as few compulsory redundancies as possible, French junior transport minister Jean-Baptiste Djebbari told BFM TV on Wednesday. Airbus an...
Jul 01, 2020
