Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
India’s pursuit of global investors hits turbulence
By Marc Jones and Saikat Chatterjee LONDON (Reuters) - India's ambition to attract more foreign money into its financial markets is being buffeted again, having only just started to make progress afte...
Jun 19, 2020
Founder of Indonesia’s Bukalapak to head Telkom’s digital business
SINGAPORE (Reuters) - Indonesian e-commerce startup Bukalapak said that its co-founder and president Fajrin Rasyid 34 has stepped down to become the head of digital business at state-owned PT Telekomu...
Jun 19, 2020
U.S. current account barely changed in first quarter
WASHINGTON (Reuters) - The U.S. current account deficit was barely changed in the first quarter as the COVID-19 pandemic restricted the flow of goods and services. The Commerce Department said on Frid...
Jun 19, 2020
Merkel: EU leaders to continue talks on EU finances in mid-July
BERLIN (Reuters) - European Union leaders will continue their negotiations on establishing the post-coronavirus recovery fund in mid-July, German Chancellor Angela Merkel said on Friday after a videoc...
Jun 19, 2020
Canada retail sales down 26.4% in April
OTTAWA (Reuters) - Canadian retail sales plummeted 26.4% in April as the coronavirus pandemic continued to wallop the economy, Statistics Canada data showed on Friday. Analysts in a Reuters poll had f...
Jun 19, 2020
Thai central bank asks lenders to strengthen capital to cope with coronavirus risk
BANGKOK (Reuters) - Thailand's central bank on Friday asked commercial banks to prepare capital management plans for the next 1-3 years, as the widespread impact of the outbreak on businesses and indi...
Jun 19, 2020
COVID hit to UK tax revenues slightly less than feared, OBR says
LONDON (Reuters) - The slump in British government tax revenues since the start of the coronavirus lockdown has been slightly less sharp than feared, the Office for Budget Responsibility said on Frida...
Jun 19, 2020
BMW, Mercedes put automated driving alliance on hold
FRANKFURT (Reuters) - Daimler on Friday said it had put on hold a development alliance in the area of automated driving between its luxury brand and rival German luxury carmaker BMW . "Following exten...
Jun 19, 2020
Take Five: Reshuffle the decks
1/'RUSSELL RECON' After one of the most severe equity market selloffs in decades comes the June 26 "Russell Recon", the once-a-year re-jig of FTSE Russells's U.S. index range, tracked by over $9 trill...
Jun 19, 2020
Nigeria levies $598 mln from banks via cash ratio debit ahead of FX auction
By Chijioke Ohuocha ABUJA (Reuters) - Nigeria's central bank has collected 216 billion naira ($598 mln) from banks with excess cash holdings as part of measures to support the naira currency, banking ...
Jun 19, 2020
