Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
German government has no reason to change its growth forecast, says minister
BERLIN (Reuters) - The German government has no reason currently to change its forecast for growth in Europe's largest economy, Economy Minister Peter Altmaier said on Friday. In April, the government...
Jun 12, 2020
EU regulators to decide on Alstom, Bombardier deal by July 16
BRUSSELS (Reuters) - EU antitrust regulators have set a July 16 deadline for a decision on whether to clear French TGV high-speed train maker Alstom's bid for Bombardier Inc's rail division, according...
Jun 12, 2020
Spanish banks’ ECB borrowing reached highest level since 2014
MADRID (Reuters) - Spanish banks borrowed around 176 billion euros ($199.3 billion) from the European Central Bank in May, according to Bank of Spain data released on Friday, the most in more than six...
Jun 12, 2020
Stimulus package aims to pull Germany out of corona crisis with ‘full strength’
BERLIN (Reuters) - A stimulus package that includes lower value-added tax, handouts for parents and support for companies is designed to lift Germany out of the coronavirus crisis promptly and effecti...
Jun 12, 2020
SoftBank share buybacks near $3 billion despite May slowdown
By Sam Nussey TOKYO (Reuters) - SoftBank's share buybacks slowed in May, a company filing showed on Friday, although total purchases to support its share price since March reached 312 billion yen ($2....
Jun 12, 2020
Wall St Week Ahead: Investors bet bounce in value stocks will stick
By David Randall NEW YORK (Reuters) - As the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that un...
Jun 12, 2020
UK public inflation expectations slump due to COVID, BoE says
LONDON (Reuters) - The British public's long-term expectations for inflation slumped to a record low in May as the coronavirus hit the economy, a quarterly Bank of England survey showed on Friday. The...
Jun 12, 2020
Investors rush into bonds, equities: BofA
LONDON (Reuters) - Investors rushed back into investing in bond and equity funds, BofA's weekly fund flow statistics showed on Friday, as unprecedented stimulus measures led to global markets recoupin...
Jun 12, 2020
German cabinet agrees to reduce VAT as part of stimulus package: source
BERLIN (Reuters) - The German cabinet has agreed to temporarily slash value-added tax and give parents a cash handout of 300 euros per child as part of its 130 billion euro ($147.20 billion) economic ...
Jun 12, 2020
ECB’s Enria urges banks to eat into capital and lend
FRANKFURT (Reuters) - The European Central Bank's top supervisor urged banks on Friday to eat into their capital buffers and continue lending during the coronavirus crisis, insisting the ECB would be ...
Jun 12, 2020
