Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Spanish government readies $170 billion investment with EU funds: El Pais
MADRID (Reuters) - The Spanish government is readying a 150 billion euro ($170 billion) investment plan to kick-start the economy, ravaged by the coronavirus epidemic and the related lockdown, newspap...
Jun 16, 2020
EU must act urgently on fiscal measures, ECB says
FRANKFURT (Reuters) - The European Union must urgently decide on a package of fiscal measures to help the bloc through its pandemic-induced economic crisis, European Central Bank board member Fabio Pa...
Jun 16, 2020
Thailand approves $722 million domestic tourism stimulus as virus hits global travel
BANGKOK (Reuters) - Thailand's cabinet approved on Tuesday a domestic tourism package worth 22.4 billion baht ($722.35 million) to revitalise a key sector hit by the coronavirus pandemic, an official ...
Jun 16, 2020
Concerns mount as Lebanon struggles to take first steps out of crisis
By Tom Perry and Eric Knecht BEIRUT (Reuters) - Lebanon is struggling to take the first steps out of a deep financial crisis, with hopes of reforms getting under way shaken by what government critics ...
Jun 16, 2020
Swiss govt. expects economy to shrink 6.2% in 2020
By John Revill ZURICH (Reuters) - Switzerland's economy will shrink by 6.2% in 2020, the government said on Tuesday, the worst downturn in more than 40 years, as the country grapples with the conseque...
Jun 16, 2020
Workers on UK payrolls falls in May, vacancies plunge: ONS
LONDON (Reuters) - The number of people on company payrolls fell by 1.7% in May as the coronavirus lockdown continued to hurt the labour market and vacancies plunged, official data showed on Tuesday. ...
Jun 16, 2020
European stock index futures bounce on Fed’s bond buying plan
(Reuters) - European stock index futures joined a global rally on Tuesday, ahead of the U.S. Federal Reserve's plan to kick off its corporate bond buying programme in an attempt to contain the economi...
Jun 16, 2020
As virus upends Japan’s economy, activist investors ease off on pushing firms to return cash
By Tomo Uetake SYDNEY (Reuters) - Shareholder activists in Japan are taming calls for their targets to return their cash piles to investors, ceding ground to the view such corporate hoards are assets ...
Jun 16, 2020
U.S. expected to report record rise in monthly retail sales
(Reuters) - U.S. retail sales likely experienced a record rise in May as 2.5 million Americans went back to work, although any rebound will retrace only a fraction of the historic drops in March and A...
Jun 16, 2020
SoftBank-backed ride-hailing firm Grab set to announce layoffs: sources
SINGAPORE (Reuters) - Southeast Asian ride-hailing and payments firm Grab is set to announce layoffs on Tuesday, sources told Reuters. Grab, Southeast Asia's most valuable startup that is backed by So...
Jun 15, 2020
