Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Wirecard’s former boss faces criminal complaint in Austria
VIENNA (Reuters) - An Austrian lawyer has filed a criminal complaint against Wirecard's former Chief Executive Markus Braun and Chief Operating Officer Jan Marsalek at a court in Vienna, accusing them...
Jun 30, 2020
Canada GDP plunges a record 11.6 in April
OTTAWA (Reuters) - Canada's growth in April plunged by a record 11.6% from March as swaths of the economy were shut down to curb the spread of the coronavirus, Statistics Canada said on Friday. StatsC...
Jun 30, 2020
Goodbye Dubai: Photographer captures laid-off expat families as they leave
DUBAI (Reuters) - Louisa Sumagui and her family wanted a final momento of their 12 years in Dubai before returning to Australia after losing jobs in the tourism industry due to the coronavirus pandemi...
Jun 30, 2020
Hong Kong May retail sales tumble as spending, tourism evaporate
By Donny Kwok and Twinnie Siu HONG KONG (Reuters) - Hong Kong's retail sales in May slumped 32.8% from a year earlier, falling for the 16th consecutive month as the virus pandemic slammed the brakes o...
Jun 30, 2020
Fed’s offered flood of credit so far just a trickle in practice
By Howard Schneider (Reuters) - The Federal Reserve's promise in the early days of the coronavirus pandemic to flood the U.S. economy with trillions of dollars seemed like the proverbial central bank ...
Jun 30, 2020
Precious metals, biotech among second-quarter fund winners as markets rebounded
By David Randall and Simon Jessop NEW YORK/LONDON (Reuters) - Funds that rode the market's rally to generate the highest second-quarter returns included those invested in assets such as mining stocks,...
Jun 30, 2020
French group Sogeclair Aerospace eyeing up to 245 job cuts in France
TOULOUSE, France (Reuters) - French company Sogeclair Aerospace said on Tuesday that it was eyeing up to 245 job cuts in France, as the country's aerospace sector reels from the hits to business cause...
Jun 30, 2020
EasyJet says Haji-Ioannou family holding drops below 30%
LONDON (Reuters) - British low-cost airline easyJet said in a regulatory filing on Tuesday that the Haji-Ioannou family now hold under 30% of the company. Stelios Haji-Ioannou founded easyJet, and alo...
Jun 30, 2020
China’s Kingold shares tank on report of fake gold bars
BEIJING (Reuters) - Kingold Jewelry Inc's New York-listed shares fell as much as 40% on Monday following a media report that alleged the Chinese company had obtained loans by using fake gold bars as c...
Jun 30, 2020
Cautious global funds favor bonds over equities in June: Reuters poll
By Rahul Karunakar BENGALURU (Reuters) - Increasingly cautious global funds recommended an increase to bond holdings in June to the highest since early 2010 at least at the expense of equity allocatio...
Jun 30, 2020
