Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EU heads to meet over next budget, coronavirus recovery on July 17-18
BRUSSELS (Reuters) - European Union leaders will meet in Brussels on July 17-18 to haggle over a proposed COVID-19 economic stimulus and their next joint budget, a spokesman said, the first such in-pe...
Jun 23, 2020
Italy’s Campari says to complete move to Netherlands by July
MILAN (Reuters) - Campari will move its registered office to the Netherlands by July, the Aperol producer said on Tuesday after its controlling shareholder spent more than 250 million euros ($282 mill...
Jun 23, 2020
ADNOC inks $10 billion deal, keeps tight control of costs amid market downturn
By Rania El Gamal DUBAI (Reuters) - Abu Dhabi National Oil Company (ADNOC) said on Tuesday it had signed a $10 billion gas infrastructure deal with a consortium of investors, while its chief executive...
Jun 23, 2020
Italy arrests Siemens, Alstom executives over Milan subway deals
MILANO (Reuters) - Italian tax police arrested 13 people, including executives of the Italian units of Germany's Siemens and France's Alstom , in an investigation into alleged bribery relating to Mila...
Jun 23, 2020
India puts restrictions to curb sale of ‘Chinese’ products to government agencies
By Manoj Kumar NEW DELHI (Reuters) - Amid growing calls for a boycott of Chinese goods after a clash on the border in which 20 Indian soldiers were killed, India's government instructed sellers to dec...
Jun 23, 2020
Bayer close to glyphosate settlement worth $8-10 billion: Handelsblatt
BERLIN (Reuters) - Bayer AG is close to agreeing a settlement worth $8-10 billion with plaintiffs in a case over its glyphosate-based weedkiller, German business daily Handelsblatt reported on Tuesday...
Jun 23, 2020
Iran’s Rouhani says national currency’s fall is temporary: TV
DUBAI (Reuters) - A further slump in Iran's rial is "temporary", Iranian President Hassan Rouhani said on Tuesday after the currency sank to its lowest value in decades. A U.S. dollar was offered for ...
Jun 23, 2020
Bank of Spain head wants economic reforms, sees late 2020 recovery
By Jess Aguado and Emma Pinedo MADRID (Reuters) - Spain's damaged economy needs urgent structural reforms to cope with the coronavirus impact, including letting smaller companies grow to compete bette...
Jun 23, 2020
Luckin Coffee picks Houlihan Lokey for financial, strategic advice: sources
By Tom Arnold and Arno Schuetze LONDON/FRANKFURT (Reuters) - Luckin Coffee has picked investment bank Houlihan Lokey as an adviser, according to sources close to the matter, following an accounting sc...
Jun 23, 2020
German economy to shrink by 6.5% this year due to coronavirus: economic advisers
BERLIN (Reuters) - The German economy will shrink by 6.5% this year due to the coronavirus pandemic, the government's council of economic advisers said on Tuesday, adding that the slump will be prolon...
Jun 23, 2020
