Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Federated Hermes questions HSBC’s stance on Hong Kong law
By Lawrence White LONDON (Reuters) - HSBC investor Federated Hermes said it has questions about the bank's support for China's new security law for Hong Kong, the second investor in Europe's biggest b...
Jun 30, 2020
Coronavirus strikes down global M&A as companies keep their distance
By Joshua Franklin and Pamela Barbaglia NEW YORK/LONDON (Reuters) - Global M&A activity tumbled to its lowest level in more than a decade in the second quarter, according to data provider Refinitiv, a...
Jun 30, 2020
China releases FedEx pilot after nine month long detention
SHANGHAI (Reuters) - Chinese authorities have released a U.S. pilot for FedEx Corp who was detained last year on suspicion of smuggling weapons and ammunition, the pilot's lawyer said. Todd Hohn, a fo...
Jun 30, 2020
Airbus slows services push amid coronavirus crisis
By Tim Hepher PARIS (Reuters) - Airbus has postponed its target of building a $10 billion services business amid the coronavirus crisis, but is sticking with a strategy of supporting airline operation...
Jun 30, 2020
Euro zone inflation defies expectations to rise to 0.3% in June
BRUSSELS (Reuters) - Euro zone inflation rose in June from a four-year low in May, defying expectations that it would be stable, as the negative impact of low energy prices decreased. The European Uni...
Jun 30, 2020
BMW to source battery cells produced using renewable energy
FRANKFURT (Reuters) - German carmaker BMW on Tuesday said its electric cars will use battery cells produced using renewable energy, a step which will compel the biggest suppliers to source more non-co...
Jun 30, 2020
Airbus to announce restructuring on Tuesday, union sources say
TOULOUSE (Reuters) - Airbus will announce restructuring plans expected to include thousands of job cuts later on Tuesday after markets close, union sources said. Airbus, which has said it will announc...
Jun 30, 2020
Google stymies media companies from chipping away at its data dominance
By Paresh Dave OAKLAND, Calif. (Reuters) - Alphabet Inc's Google upended plans by European media companies to block it from harvesting data about their readers and slash some of its dominance in onlin...
Jun 30, 2020
European shares tepid at the end of strong quarter
(Reuters) - European shares were largely flat on Tuesday as investors booked some profits following a strong quarterly rebound, while improving China factory data and hopes of more U.S. stimulus buoye...
Jun 30, 2020
UK economy shows biggest drop in 40 years in early 2020
By Andy Bruce LONDON (Reuters) - Britain's economy shrank by the most since 1979 in early 2020 as households slashed their spending, according to official data that included the first few days of the ...
Jun 30, 2020
