Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Spain needs economic reforms to avoid ‘chronic’ debt, says central bank
By Jess Aguado and Emma Pinedo MADRID (Reuters) - Spain's tourism-dependent economy needs profound structural reforms to avoid "chronic" levels of public debt that could hinder long-term growth, the B...
Jun 30, 2020
BoE’s Haldane says economic outlook a bit less grim
LONDON (Reuters) - The outlook for Britain's economy is less negative than it was in May but there still a risk of high and persistent unemployment, the Bank of England's chief economist Andy Haldane ...
Jun 30, 2020
Dubai World makes final repayment to creditors of $8.2 billion
DUBAI (Reuters) - State conglomerate Dubai World, at the centre of Dubai's debt crisis a decade ago, said on Tuesday it had made a final payment of $8.2 billion to creditors. The payment, made ahead o...
Jun 30, 2020
UK says it will not bend on health service, standards in U.S. trade talks
LONDON (Reuters) - Britain's government said on Tuesday it would not compromise on the country's health service, environmental protection, animal welfare and food safety standards in talks with the Un...
Jun 30, 2020
From food to cars, Saudis stock up ahead of VAT hike
By Marwa Rashad and Davide Barbuscia RIYADH/DUBAI (Reuters) - People in Saudi Arabia rushed to buy goods from imported fruit juices to cars ahead of a sharp hike in value-added tax on July 1, introduc...
Jun 30, 2020
Wall Street faces danger signs after best quarter since ’98
By Saqib Iqbal Ahmed and Noel Randewich (Reuters) - A stock rebound marked by Wall Street's strongest quarter in more than two decades has slowed in recent weeks, as a resurgence in coronavirus cases ...
Jun 30, 2020
Puma pauses ads on Facebook and Instagram in July
BERLIN (Reuters) - German sportswear brand Puma said on Tuesday it will pause all paid advertising globally on Facebook and Instagram throughout July to persuade the social media company to remove hos...
Jun 30, 2020
Standard Life Aberdeen picks ex-Citi executive as CEO
By Simon Jessop LONDON (Reuters) - Standard Life Aberdeen (SLA) Chief Executive Keith Skeoch will step down after five years at the helm and former Citi executive Stephen Bird will replace him, the Br...
Jun 30, 2020
Nigeria’s WTO nominee says has ‘strong support’ from Africa
By Emma Farge GENEVA (Reuters) - Nigeria's candidate to head the World Trade Organization (WTO) said she feels "strong support" from Africa and expects African leaders to unite behind one candidate as...
Jun 30, 2020
South Africa’s economy contracts 2% in the first quarter as recession deepens
PRETORIA (Reuters) - South Africa's gross domestic product contracted 2.0% in the first quarter of 2020, following a contraction of 1.4% in the final quarter of last year when the economy entered rece...
Jun 30, 2020
