Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
After splurging on coronavirus, EU seeks state aid compromise with Britain
By Gabriela Baczynska and John Chalmers WARSAW/BRUSSELS (Reuters) - The European Union could soften demands in trade talks that Britain follow its state aid rules, diplomats and officials have said, j...
Jun 22, 2020
Number of unemployed triple in Portugal’s tourist-haven Algarve
By Catarina Demony LISBON (Reuters) - Portugal's tourism-dependent Algarve region saw its number of unemployed triple in May compared with a year ago as the coronavirus crisis kept foreign visitors aw...
Jun 22, 2020
Brazil’s BTG to raise $400 million to challenge rival XP
By Carolina Mandl SAO PAULO (Reuters) - Brazilian investment bank BTG Pactual plans to raise roughly 2 billion reais ($376.61 million) through a share offering to boost its digital retail banking, acc...
Jun 22, 2020
Japan to promote digitalisation in this year’s long-term policy framework
TOKYO (Reuters) - Japan's government will focus on promoting digitalisation to more efficiently cope with challenges posed by the coronavirus pandemic, an outline of this year's long-term economic pol...
Jun 22, 2020
Small, medium businesses feel brunt of lockdown pain: survey
GENEVA (Reuters) - Small and mid-sized businesses around the world are being hit hardest by the impact of COVID-19 lockdowns and about a fifth say they risk shutting down permanently within three mont...
Jun 22, 2020
ECB money-printing shouldn’t become ‘unbound’, says Weidmann
FRANKFURT (Reuters) - The European Central Bank's massive buying of government bonds shouldn't become a form of "unbound", permanent help to indebted governments, ECB policymaker Jens Weidmann said on...
Jun 22, 2020
China targets rise in oil, natural gas output this year
BEIJING (Reuters) - China aims to produce 1% more crude oil this year than in 2019 and to boost natural gas output by 4.3%, official targets showed on Monday, as the country seeks to safeguard energy ...
Jun 22, 2020
Italy readies 15-20 billion euros of new stimulus, pushing deficit beyond 11% of GDP: source
By Giuseppe Fonte ROME (Reuters) - Italy is preparing a new spending package worth 15-20 billion euros to help its battered economy through the coronavirus crisis, which will push its budget deficit b...
Jun 22, 2020
Virgin Galactic, NASA to develop program for private missions to space station
(Reuters) - Billionaire Richard Branson's space tourism company Virgin Galactic Holdings Inc has signed an agreement with NASA to develop a program to promote private astronaut missions to the Interna...
Jun 22, 2020
Indian state puts three Chinese investment proposals on hold after deadly border clash
MUMBAI (Reuters) - An Indian state has put on hold three initial investment proposals from Chinese companies worth 50 billion rupees ($658 million), a state minister said on Monday, after a deadly bor...
Jun 22, 2020
