Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
South Korean court denies arrest warrant request for Samsung heir Jay Y. Lee
SEOUL (Reuters) - A South Korean court on Tuesday denied an arrest warrant request for Samsung Group heir Jay Y. Lee after prosecutors accused him of accounting fraud and stock manipulation, the court...
Jun 08, 2020
Argentina to present amended debt revamp offer to U.S. regulators -source
BUENOS AIRES (Reuters) - Argentina will present an amended bond restructuring offer to U.S. regulators on Thursday or Friday, a source at the economy ministry told Reuters on Monday, as the government...
Jun 08, 2020
Private equity scouts for China take-private deals amid tension, volatile markets
By Kane Wu and Julie Zhu HONG KONG (Reuters) - Private equity investors are seeking Chinese companies to take private in the hope they can snap up bargains amid the coronavirus-related sell-off, but t...
Jun 08, 2020
Canadian banks’ mortgage deferrals, at double the U.S. rate, likely to curb earnings
By Nichola Saminather TORONTO (Reuters) - Canada's top six banks have deferred mortgage repayments at nearly double the rate of their U.S. counterparts, setting themselves up for a tough slog to retur...
Jun 08, 2020
Dutch protesters demand end to fur farming after coronavirus outbreak
THE HAGUE (Reuters) - More than 100 people calling for an end to fur farming protested in front of the Dutch parliament on Monday following an outbreak of coronavirus on mink farms that has led to a c...
Jun 08, 2020
Nasdaq sets new record, close to confirming bull market in place
(Reuters) - The Nasdaq composite rose to a new record high on Monday, and looks on track to confirm that it has been in a bull market for two and a half months according to many definitions, after Wal...
Jun 08, 2020
Volkswagen replaces Herbert Diess as CEO of VW brand
BERLIN (Reuters) - Volkswagen on Monday named Ralf Brandstaetter as the new chief executive (CEO) of its core VW car brand, replacing Herbert Diess, who retains his title as head of Volkswagen Group, ...
Jun 08, 2020
EU banks shouldn’t pay dividends this year, watchdog says
FRANKFURT (Reuters) - Banks in the European Union shouldn't be allowed to pay dividends, bonuses, or buy back shares at least until the end of this year, the European Systemic Risk Board (ESRB) said o...
Jun 08, 2020
Mexican auto output, exports could fall by almost a third in 2020: AMIA
MEXICO CITY (Reuters) - Mexican auto industry group AMIA expects auto output could fall between 28-30% in 2020 while exports may slide by 30-33%, the association's chief executive Fausto Cuevas said o...
Jun 08, 2020
Russia to participate fully in G20 debt standstill for poor countries: U.S. Treasury
WASHINGTON (Reuters) - Russian Finance Minister Anton Siluanov told U.S. Treasury Secretary Steven Mnuchin on Monday that Russia intends to "participate fully" in a G20 official debt service suspensio...
Jun 08, 2020
