Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Wirecard North America seeks buyer, distances itself from German company
(Reuters) - Wirecard North America Inc, a unit of German payments company Wirecard AG, on Monday said it has put itself up for sale, days after the troubled parent firm filed for insolvency. The U.S.-...
Jun 29, 2020
Tim Tam maker Arnott’s loses 50 jobs in first cuts since KKR buyout
By Scott Murdoch and Byron Kaye HONG KONG/SYDNEY (Reuters) - Arnott's, maker of Tim Tam biscuits and other snacks, is shedding about 50 staff, a representative told Reuters, the first such cuts since ...
Jun 29, 2020
World Bank sees Thai economy shrinking by at least 5% this year
BANGKOK (Reuters) - Thailand's economy is expected to be severely impacted by the COVID-19 pandemic, shrinking by at least 5% this year and taking more than two years to return to pre-pandemic GDP out...
Jun 29, 2020
Los Angeles delays movie theater reopenings after rise in coronavirus cases
LOS ANGELES (Reuters) - Los Angeles Mayor Eric Garcetti on Monday announced he was taking a "hard pause" on when movie theaters in the city can reopen, citing an increase in coronavirus cases. Los Ang...
Jun 29, 2020
Australia’s Freedom Foods CEO Rory Macleod resigns
(Reuters) - Australia's Freedom Foods Group said on Tuesday Chief Executive Rory Macleod had resigned, days after he went on leave and the cereal and snacks maker tapped advisers to probe its financia...
Jun 29, 2020
China’s June factory activity quickens to three-month high: official PMI
BEIJING (Reuters) - China's factory activity expanded at a faster pace in June, beating expectations, as the economy continues to recover after the government lifted strict lockdowns and ramped up inv...
Jun 29, 2020
Oil prices slip as weak Japan data exposes market jitters over fragile demand
By Sonali Paul MELBOURNE (Reuters) - Oil prices fell in early trade on Tuesday after weak Japanese industrial production data, not usually a market-moving factor, was enough to jangle trader nerves ov...
Jun 29, 2020
Japan’s fussy food shoppers finally go online amid pandemic
By Ritsuko Ando TOKYO (Reuters) - The coronavirus has forced Japan's notoriously fussy food shoppers to abandon doubts about online grocery stores, sending retailers such as Aeon Co scrambling to meet...
Jun 29, 2020
Safe-haven currencies on defensive, sterling soft on spending plan
By Hideyuki Sano TOKYO (Reuters) - Safe-haven currencies were on the back foot on Tuesday as hopes of an economic turnaround boosted stock prices while sterling was under pressure after British Prime ...
Jun 29, 2020
Central banks’ heavy hand to keep sovereign bond yields low: Reuters poll
By Hari Kishan BENGALURU (Reuters) - Major sovereign bond yields, which have been low for years, are expected to be close to current levels for the next 12 months, as the global economy struggles to r...
Jun 29, 2020
