Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Indonesia gives tax break to makers of personal protective equipment
JAKARTA (Reuters) - Indonesia announced a tax break on Friday for manufacturers of personal protective equipment and household antiseptic products used during the coronavirus outbreak. Manufacturers w...
Jun 19, 2020
ECB’s Lagarde tells EU leaders their economy in ‘dramatic fall’: sources
BRUSSELS (Reuters) - European Central Bank head, Christine Lagarde, told European Union leaders on Friday that their economy was in a "dramatic fall" and called on the bloc to act to spearhead revival...
Jun 19, 2020
China seen keeping lending benchmark rate steady in June: Reuters poll
SHANGHAI (Reuters) - China is expected to keep its benchmark lending rate unchanged for the second straight month at its June fixing on Monday, a Reuters survey of traders and analysts found, after th...
Jun 19, 2020
Exclusive: Chief of Malaysia’s Petronas quit over payment to state, sources say
By A. Ananthalakshmi, Joseph Sipalan and Krishna N. Das KUALA LUMPUR (Reuters) - The chief of Malaysian energy giant Petronas quit this month after disagreement with the prime minister over giving mor...
Jun 19, 2020
EU parliament wants new EU taxes to finance recovery fund, EU budget
BRUSSELS (Reuters) - The European Parliament wants European Union governments to assign new sources of revenue to the bloc to repay European Commission borrowing for the recovery and finance the next ...
Jun 19, 2020
Time is money: the armchair traders of lockdown
By Colm Fulton STOCKHOLM (Reuters) - At 7am on Friday morning, Dean d'Arco, 31, a phone shop manager from Belfast, Northern Ireland, logged on for his last day as a round-the-clock armchair stock mark...
Jun 19, 2020
UK watchdog proposes extension to consumer credit payment holiday
By Carolyn Cohn LONDON (Reuters) - Britain's markets watchdog on Friday proposed enabling some consumers to extend a payment freeze on their credit cards by a further three months as part of measures ...
Jun 19, 2020
Deutsche Telekom targets U.S. top spot
BERLIN (Reuters) - Deutsche Telekom boss Tim Hoettges has his sights on becoming market leader in the United States, setting a high bar for U.S. unit T-Mobile after its $23 billion takeover of Sprint....
Jun 19, 2020
South Korea’s wealthy, passed over by pandemic pain, splurge on Porsches and BMWs
By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) - Hwang Min-yong, a 37-year-old South Korean businessman, recently received his black Porsche Cayenne coupe with red leather seats after a seven-month wait...
Jun 19, 2020
ECB cuts frequency of dollar operations as markets improve
FRANKFURT (Reuters) - The European Central Bank will cut the frequency of its dollar swap operations conducted in partnership with the U.S. Federal Reserve as funding conditions have improved, it said...
Jun 19, 2020
