Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Australia jobless rate surges to 19-year high in May, slow recovery seen
By Swati Pandey SYDNEY (Reuters) - Australia's unemployment rate jumped to the highest in about two decades in May as nearly a quarter of a million people lost their jobs due to the coronavirus pandem...
Jun 17, 2020
China extends anti-dumping investigation into synthetic rubber products
BEIJING (Reuters) - China's Commerce Ministry said on Thursday it is extending an anti-dumping investigation into imports of a synthetic rubber product from the United States, South Korea and the Euro...
Jun 17, 2020
Glass Lewis opposes Tesla chairwoman’s re-election to Board: Bloomberg News
(Reuters) - Proxy-adviser Glass Lewis has urged Tesla Inc investors to vote against re-electing chairwoman Robyn Denholm to the company's board due to an arrangement with Elon Musk that raises corpora...
Jun 17, 2020
Oil prices drop on demand worries as coronavirus cases rise
By Sonali Paul MELBOURNE (Reuters) - Oil prices fell more than 1% in early trade on Thursday as a spike in new coronavirus cases in China and the United States renewed fears that people would stay hom...
Jun 17, 2020
New Zealand to feel biggest economic impact in June quarter, finance minister says
WELLINGTON (Reuters) - New Zealand's finance minister said on Thursday that the biggest economic impact from COVID-19 restrictions will only be seen in the June quarter, after the country reported gro...
Jun 17, 2020
Australia’s Westpac agrees sale of Pendal stake for $128 million
(Reuters) - Westpac Banking Corp said on Thursday it has agreed to sell its remaining 9.5% stake in fund operator Pendal Group Ltd to institutional investors for about A$185.4 million ($128 million). ...
Jun 17, 2020
Australian regulator raises concerns over Google, Fitbit deal
(Reuters) - Australia's consumer watchdog on Thursday raised initial competition concerns over Alphabet Inc-owned Google's $2.1 billion bid for fitness tracker company Fitbit . "Our concerns are that ...
Jun 17, 2020
Dollar holds advantage as anxiety grows over rise in coronavirus cases
By Stanley White TOKYO (Reuters) - The dollar held onto gains on Thursday as growing concerns about a rise in coronavirus cases underpinned safe-haven demand for the U.S. currency. The British pound t...
Jun 17, 2020
Qantas halts most international flights until October on border closure
SYDNEY (Reuters) - Qantas Airways Ltd said on Thursday it had cancelled most international flights until late October after the Australian government indicated its border closure because of the corona...
Jun 17, 2020
Aussie house prices to go down under this year, no respite in sight – Reuters poll
By Tushar Goenka BENGALURU (Reuters) - Australian house prices will decline this year and next as the damage from the coronavirus pandemic's disruption to the economy lingers on, with demand wilting o...
Jun 17, 2020
