Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Wirecard files for insolvency
BERLIN (Reuters) - German payments company Wirecard said on Thursday it was filing to open insolvency proceedings after disclosing a $2.1 billion financial hole in its accounts. Shares were suspended ...
Jun 25, 2020
ECB to provide euro loans to non euro zone central banks
FRANKFURT (Reuters) - The European Central Bank will offer euro loans against collateral to central bank outside the euro area to backstop funding markets amid the coronavirus pandemic, it said on Fri...
Jun 25, 2020
Western donors hope to Sudan cash scheme with $500 million: diplomats
By John Irish and Sabine Siebold PARIS/BERLIN (Reuters) - Western countries hope donors will provide at least $500 million at a Sudan conference to support a cash programme for poor families launched ...
Jun 25, 2020
European stocks tumble on concerns over recovery
(Reuters) - European shares fell again on Thursday on dimming prospects for a recovery in the global economy, but shares in Lufthansa soared after a major shareholder agreed to endorse a 9-billion-eur...
Jun 25, 2020
Unilever, rivals mull changes amid global backlash against skin-lightening products
By Rupam Jain and Charlotte Greenfield MUMBAI/ISLAMABAD (Reuters) - Unilever is considering marketing changes to its dominant line of skin lightening creams, according to a company source in South Asi...
Jun 25, 2020
Google to pay some publishers in Australia, Brazil, Germany for content
By Foo Yun Chee BRUSSELS (Reuters) - Alphabet's Google on Thursday took a step to resolving its spat with publishers, saying it would pay some media groups in Australia, Brazil and Germany for high-qu...
Jun 25, 2020
IEA calls for measures to boost EU’s post-pandemic ‘green’ recovery
By Kate Abnett (Reuters) - The International Energy Agency (IEA) on Thursday called for the European Union to accelerate low-carbon building renovations and introduce schemes to encourage consumers to...
Jun 25, 2020
Coronavirus and Merkel’s quest for legacy speed up German rebalancing
By Michael Nienaber and Rene Wagner BERLIN (Reuters) - A coronavirus-induced plunge in German exports and a fiscal U-turn by Chancellor Angela Merkel as she seeks to cement her place in history are ac...
Jun 25, 2020
Lufthansa shares soar after major shareholder backs bailout plan
BERLIN (Reuters) - Lufthansa shares jumped more than 27% in early trade on Thursday after billionaire investor Heinz Hermann Thiele endorsed a 9 billion euro ($10.12 billion) government bailout to res...
Jun 25, 2020
Maersk heads zero-carbon drive in shipping sector with $60 million research center
By Nikolaj Skydsgaard COPENHAGEN (Reuters) - The world's largest container shipper, A.P. Moller-Maersk , will team up with industry majors to set up a research center in Denmark with the aim of reduci...
Jun 25, 2020
