Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fund giant BlackRock ‘warming up’ to European assets
LONDON (Reuters) - BlackRock's Investment Institute said on Tuesday it was "warming up" to European assets following what it called the eurozone's "impressive" efforts to tackle the coronavirus. The r...
Jun 23, 2020
Rising French corporate debt straining balance sheets: central bank
PARIS (Reuters) - Rising French corporate debt could leave firms struggling to survive and saddle banks with dud loans, the central bank said on Tuesday in its biannual financial risk report. French c...
Jun 23, 2020
Banks to cut office space in London after COVID, minister says
LONDON (Reuters) - Some banks will cut office space in London's financial district as they "reset" their operations following the COVID-19 pandemic, Britain's financial services minister said on Tuesd...
Jun 23, 2020
UK grocery sales surge as Britons shop online, locally during lockdown
By James Davey LONDON (Reuters) - Grocery sales in Britain surged 18.9% in the four weeks to June 14, driven by the popularity of online and convenience stores during the coronavirus lockdown, industr...
Jun 23, 2020
Volkswagen sees V-shaped recovery lasting into 2022
LONDON (Reuters) - Volkswagen expects a V-shaped recovery lasting into 2022, its sales chief said on Tuesday, as businesses try to work out how quickly they will rebound from the coronavirus pandemic ...
Jun 23, 2020
Britain’s coronavirus slump tapers off in June, PMIs show
By David Milliken LONDON (Reuters) - Britain's private sector shrank less than expected this month as more businesses restarted work after the COVID-19 lockdown, putting the economy on course to retur...
Jun 23, 2020
Former Wirecard CEO detained on accusation of inflating balance sheet: prosecutors
FRANKFURT (Reuters) - Former Wirecard Chief Executive Markus Braun has been detained on accusations of inflating the company's balance sheet and revenues to make it appear stronger and more attractive...
Jun 23, 2020
WTO less downbeat on trade for 2020, more muted for 2021
BRUSSELS (Reuters) - The World Trade Organization said on Tuesday that global merchandise trade would likely fall by less than its worst case scenario this year due to the COVID-19 pandemic, but an ex...
Jun 23, 2020
Lufthansa says it has not yet reached agreement with unions on crisis package
FRANKFURT (Reuters) - Lufthansa said on Tuesday it had not yet reached an agreement with unions on a package to cut staff costs but added that talks with two unions would continue to try and seal a de...
Jun 23, 2020
Euro zone downturn eased in June as economies opened up: PMI
By Jonathan Cable LONDON (Reuters) - The historic downturn in the euro zone economy eased again this month as vast swathes of businesses forced to close in order to stem the spread of the coronavirus ...
Jun 23, 2020
