Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
GCC economies expected to shrink by 7.6% this year – IMF
DUBAI (Reuters) - Gulf Cooperation Council (GCC) countries will see their economies shrink by 7.6% this year amid low oil prices and the new coronavirus crisis, a senior International Monetary Fund of...
Jun 30, 2020
Virus fears lead futures lower after strong quarterly rebound
By Pawel Goraj (Reuters) - U.S. index futures dipped on the last trading day of the second quarter on Tuesday as coronavirus-related worries and simmering U.S.-China tensions weighed on sentiment at t...
Jun 30, 2020
New rules may be needed for payments in wake of Wirecard, BIS boss says
LONDON (Reuters) - More joined up rules may be needed across the payments sector after the collapse of Germany's Wirecard AG, Bank for International Settlements president Augustin Carstens said. Wirec...
Jun 30, 2020
Madrid taxi drivers demand fleet limits amid weak demand
MADRID (Reuters) - Thousands of taxi drivers took to the streets of Madrid on Tuesday, honking their horns and clogging up the roads around city hall to demand a limit on the number of vehicles allowe...
Jun 30, 2020
BIS warns of market ‘exuberance’ over virus efforts
By Marc Jones LONDON (Reuters) - The Bank for International Settlements has urged central banks to outline how they plan to reel in coronavirus support measures, but also warned that financial markets...
Jun 30, 2020
Slumping fleet sales weigh on U.S. auto market
By Nick Carey (Reuters) - Collapsing demand from rental car companies, corporations and government agencies has sapped U.S. auto sales during the coronavirus pandemic and a recovery will likely be slo...
Jun 30, 2020
Uber bus just around the corner on post-pandemic public transit map
By Tina Bellon WARWICK, Rhode Island (Reuters) - Urban transportation's transformation has shifted up a gear as the coronavirus crisis turns travel habits on their head, with Uber making allies of pub...
Jun 30, 2020
Valuations, yields help stocks sustain lead over main street
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) - As world stock markets end a turbulent six months near record highs, investors appear to be betting heavily that economies will recover quickly...
Jun 30, 2020
Factbox: Hoping for coronavirus recovery, UK PM Johnson sets out infrastructure plans
LONDON (Reuters) - Prime Minister Boris Johnson set out plans on Tuesday to try to spur Britain's economy, promising to fast-track 5 billion pounds ($6.15 billion) of infrastructure investment and to ...
Jun 30, 2020
Hoping to boost the economy, UK PM Johnson unveils new planning rules
LONDON (Reuters) - British Prime Minister Boris Johnson unveiled new planning rules on Tuesday to boost the number of homes and allow commercial premises to be repurposed more easily, part of a packag...
Jun 30, 2020
