Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Coronavirus raises stakes as auto unions ready for a fight
By Gilles Guillaume, Edward Taylor and Jan Schwartz PARIS/FRANKFURT (Reuters) - The coronavirus crisis has forced carmakers to speed up layoffs that must be matched with hefty payouts and deft negotia...
Jun 18, 2020
BoE to keep Carney’s environment focus, Bailey says
LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Thursday he wanted the central bank to retain the focus on the potential financial risks from climate change which his predecessor Mar...
Jun 18, 2020
ADB cuts 2020 economic forecasts for South Caucasus countries
By Margarita Antidze TBILISI (Reuters) - The Asian Development Bank (ADB) has slashed its 2020 economic forecasts for the South Caucasus countries as they are hit by the spread of the new coronavirus,...
Jun 18, 2020
Audi boss to head carmaker’s R+D division: sources
MUNICH (Reuters) - Markus Duesmann, the head of Audi , will also head the research and development division at German carmaker Volkswagen's premium brand, two sources told Reuters on Thursday. Hans-Jo...
Jun 18, 2020
Thyssenkrupp’s elevator division set for multi-billion euro debt issue: sources
By Abhinav Ramnarayan and Christoph Steitz LONDON/FRANKFURT (Reuters) - Thyssenkrupp's elevator division is set to launch a multi-billion euro high-yield debt package in the coming weeks to help finan...
Jun 18, 2020
Argentina debt markets rattled as bond revamp talks stall
BUENOS AIRES (Reuters) - Argentina's debt markets were rattled on Thursday after bond restructuring talks with creditors appeared to stall, pushing the country's risk spread up sharply over safe-haven...
Jun 18, 2020
IMF says deeper-than-expected contraction in U.S. economy likely in second quarter
WASHINGTON (Reuters) - A defacto lockdown in the United States has lasted longer than expected despite a rollback in some restrictions on mobility, pointing to a deeper-than-expected contraction in gr...
Jun 18, 2020
Prudential sells Jackson equity stake to Apollo-backed Athene for $500 million
By Sinead Cruise and Svea Herbst-Bayliss LONDON/BOSTON (Reuters) - Prudential sold a minority stake in its U.S. business, Jackson, to Apollo Global-backed Athene Holding for $500 million, the insurer ...
Jun 18, 2020
Exclusive: EU must engage in lithium standards or lose to China, EU’s Breton says
By Foo Yun Chee BRUSSELS (Reuters) - EU industry chief Thierry Breton has urged EU governments to be more active in setting global standards for ultralight battery metal lithium, key to many strategic...
Jun 18, 2020
Vans, not glamorous, but key as EU weighs autos mega-merger
By Giulio Piovaccari and Gilles Guillaume MILAN/PARIS (Reuters) - Their silhouettes don't stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European ca...
Jun 18, 2020
