Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Russian sovereign fund chief says no point extending OPEC+ cuts: RBC
MOSCOW (Reuters) - With global economies and oil demand recovering, there is no point in extending oil output cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and other produce...
Jun 19, 2020
Wirecard hits out at fraudsters amid search for missing billions
By Michelle Martin and John O'Donnell FRANKFURT (Reuters) - German payments company Wirecard lashed out against unidentified fraudsters on Friday after $2.1 billion went missing from its accounts, sen...
Jun 19, 2020
UK retail sales rebound in May, public debt passes 100% of GDP
By David Milliken and William Schomberg LONDON (Reuters) - British retail sales rebounded much more strongly than expected last month as the country gradually relaxed its coronavirus lockdown, but pub...
Jun 19, 2020
Exclusive: Blackstone, Taisho Pharma among final bidders for Takeda’s Japan OTC unit – sources
By Junko Fujita and Rocky Swift TOKYO (Reuters) - Blackstone, Bain Capital and Taisho Pharmaceutical are among the final bidders for Takeda Pharmaceutical's consumer drug business in Japan, a deal tha...
Jun 19, 2020
Discount grocers look to jump on home delivery bandwagon
By Emma Thomasson and James Davey BERLIN/LONDON (Reuters) - Discount supermarket chains Aldi and Lidl look poised to accelerate their push into home delivery to satisfy burgeoning demand for online gr...
Jun 19, 2020
Main Street investors bank profits on rally that Wall Street doubted
By Tom Westbrook and Cynthia Kim SINGAPORE/SEOUL (Reuters) - Main Street investors who have reaped windfall gains from the steepest stock market rebound on record now seem to be making for safety, bro...
Jun 19, 2020
Automakers see untapped market as Japanese ‘paper drivers’ ease onto the roads
By Maki Shiraki TOKYO (Reuters) - Ryota Kawamata hadn't driven for more than a decade, but as Japan's COVID-19 crisis worsened in May, his employer near Tokyo rented him a car so he wouldn't have to u...
Jun 19, 2020
McDonald’s accused of firing worker who sued over COVID-19 claims: Bloomberg
(Reuters) - McDonald's Corp has been accused of firing a worker from its Chicago restaurant for suing the fast-food chain over claims that it failed to protect employees during the coronavirus outbrea...
Jun 18, 2020
Pandemic to sink Japan business mood to lowest since 2009 global financial crisis: Reuters poll
By Leika Kihara TOKYO (Reuters) - Business sentiment among Japan's big manufacturers in the second quarter likely tanked to levels last seen during the 2009 global financial crisis as the coronavirus ...
Jun 18, 2020
Air freight rates head back to earth as virus-driven boom cools
By Jamie Freed and Lisa Baertlein SYDNEY/LOS ANGELES (Reuters) - An air cargo boom driven by demand for protective gear against the coronavirus has peaked and rates, while still 50% above normal level...
Jun 18, 2020
