Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. core capital goods orders rebound in May
By Lucia Mutikani WASHINGTON (Reuters) - New orders for key U.S.-made capital goods rebounded more than expected in May, but recouped only a portion of the prior two months' declines, suggesting busin...
Jun 25, 2020
Blackstone adds Alphabet CFO Ruth Porat to its board
(Reuters) - Blackstone Group Inc said on Thursday Alphabet Inc's finance chief, Ruth Porat, will join the private equity firm's board of directors. (Reporting by C Nivedita; Editing by Vinay Dwivedi)
Jun 25, 2020
IMF warns markets at risk of correction after run-up
By Megan Davies (Reuters) - Markets for stocks and other risky assets could suffer a second swoon if the coronavirus spreads more widely, lockdowns are reimposed or trade tensions surge again, the Int...
Jun 25, 2020
Disney shares drop as company delays reopening of California Disneyland
(Reuters) - Shares of Walt Disney Co dropped 2.4% on Thursday after the media company delayed the reopening of theme parks and resort hotels in California, following a surge in fresh COVID-19 cases in...
Jun 25, 2020
‘Embarrassing’ potential ouster from MSCI index could bruise Turkish markets
By Karin Strohecker LONDON (Reuters) - Turkey's potential ejection from MSCI's widely followed emerging markets index could suck almost a billion dollars out of its stock markets, dealing another blow...
Jun 25, 2020
L’Oreal sees beauty consumers returning post-lockdown
PARIS (Reuters) - Purchases of cosmetics have picked up strongly again, particularly in China, as some countries exit coronavirus shutdowns that forced hair salons and retailers to close, L'Oreal Chie...
Jun 25, 2020
Macy’s to lay off 3,900 employees
(Reuters) - Macy's Inc said on Thursday it would lay off about 3,900 employees in corporate and management positions to help lessen some of the financial strain of dwindling sales due to the COVID-19 ...
Jun 25, 2020
ECB hits back at German court challenge
FRANKFURT (Reuters) - European Central Bank policymakers argued over the timing and size of their emergency stimulus programme this month but agreed that bond buys are the best tool in the circumstanc...
Jun 25, 2020
Moderna names Catalent as manufacturing partner for potential COVID-19 vaccine
(Reuters) - Moderna Inc said on Thursday it has partnered with contract drugmaker Catalent Inc to produce 100 million doses of its experimental COVID-19 vaccine starting in the third quarter of 2020. ...
Jun 25, 2020
Spanish economy may have shrunk near 20% in second quarter, says central bank
MADRID (Reuters) - Spain's coronavirus-battered economy may have shrunk close to 20% in the second quarter from the previous quarter, in what would be the sharpest such decline on record, the Bank of ...
Jun 25, 2020
