Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bank of Canada sees ‘bumpy’ recovery, pandemic may inflict ‘lasting damage’ to supply and demand
OTTAWA, (Reuters) - Canada's economic recovery from COVID-19 will be bumpy, and the pandemic is likely to inflict some lasting damage to supply and demand, Tiff Macklem said on Monday in his first spe...
Jun 22, 2020
ECB’s de Guindos sees risk of reopening too soon after lockdown
FRANKFURT (Reuters) - The euro zone economy may be in for more pain if measures aimed at containing the coronavirus outbreak are eased too soon, European Central Bank Vice President Luis de Guindos sa...
Jun 22, 2020
Valentino sues to close Fifth Avenue boutique in Manhattan, blames pandemic
By Jonathan Stempel NEW YORK (Reuters) - Italian fashion company Valentino SpA has sued the landlord of its American flagship store on Manhattan's Fifth Avenue, seeking to void its lease because the c...
Jun 22, 2020
UBS may increase home working after coronavirus
ZURICH (Reuters) - A significant proportion of UBS's staff could continue to work from home even after the coronavirus crisis has ended, the bank's Chief Operating Officer Sabine Keller-Busse said on ...
Jun 22, 2020
U.S. Supreme Court sets limits on SEC’s power to recover ill-gotten gains
By Andrew Chung (Reuters) - The U.S. Supreme Court on Monday placed limits on the Securities and Exchange Commission's practice of forcing defendants to surrender profits obtained through fraud as par...
Jun 22, 2020
Euro zone June consumer confidence jumps as lockdowns ease
BRUSSELS (Reuters) - Euro zone consumer confidence jumped more than expected in June, a flash estimate from the European Commission showed on Monday, as governments gradually eased lockdown restrictio...
Jun 22, 2020
U.S. existing home sales slump to 9-1/2-year low
WASHINGTON (Reuters) - U.S. home sales dropped to their lowest level in more than 9-1/2 years in May, strengthening expectations for a sharp contraction in housing market activity in the second quarte...
Jun 22, 2020
Germany’s Scholz avoids pledge to stick to debt brake next year
BERLIN (Reuters) - German Finance Minister Olaf Scholz said on Monday that the government can only make a reliable statement later this year about whether it will stick to the fiscal rules of the cons...
Jun 22, 2020
Delta to resume flights between U.S. and China
(Reuters) - Delta Air Lines Inc said on Monday it would resume flights between Seattle and Shanghai-Pudong on June 25, the first U.S. airline to re-connect the United States and China after flights we...
Jun 22, 2020
U.S. Supreme Court rejects challenge to Trump’s steel tariffs
By Lawrence Hurley WASHINGTON (Reuters) - The U.S. Supreme Court on Monday turned away a challenge to President Donald Trump's tariffs on imported steel brought by an industry group that had argued th...
Jun 22, 2020
