Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Thailand plans extra stimulus measures to support virus-hit economy
BANGKOK (Reuters) - Thailand plans to introduce additional stimulus measures from the third quarter to spur domestic consumption and tourism as the coronavirus outbreak hits the Southeast Asian countr...
Jun 08, 2020
World Bank expects Tanzania’s economic growth to fall to 2.5% in 2020
DAR ES SALAAM (Reuters) - Tanzania's economic growth is expected to drop to 2.5% in 2020 from 6.9% last year, the World Bank said on Monday, citing the impact of the coronavirus pandemic. "Internation...
Jun 08, 2020
The future is orange: Campari tests selling Aperol in China
By Francesca Landini MILAN (Reuters) - Campari is testing selling Aperol in China as the Italian spirits group looks to its photogenic orange-flavoured aperitif to revive sales hit by the coronavirus ...
Jun 08, 2020
Brazil’s BNDES suspends interest, debt payments owed by regional governments
RIO DE JANEIRO (Reuters) - Brazilian development bank BNDES has suspended the payment of interest and principal on debt owed by municipalities and states through the end of the year, chief executive G...
Jun 08, 2020
‘Hunger is worse than corona’: Sudanese demand end to lockdown amid economic woes
By Khalid Abdelaziz KHARTOUM (Reuters) - Like many Sudanese, car mechanic Mohamed Othman says the government must end its coronavirus lockdown now so that he can get back to work because "me and my fa...
Jun 08, 2020
Belgium to lose three years of growth due to pandemic
By Philip Blenkinsop BRUSSELS (Reuters) - Belgium's economy is set for three years of lost growth from the COVID-19 pandemic as the 2021-2022 recovery fails to make up for a 9% decline forecast for th...
Jun 08, 2020
ECB’s actions ‘proportionate’ to the risk it faces, Lagarde says
FRANKFURT (Reuters) - The European Central Bank's aggressive stimulus measures in response to the coronavirus pandemic are proportionate to the risks faced by the euro zone economy, ECB President Chri...
Jun 08, 2020
One third of 2019 Swiss investment sustainable, study finds
By Oliver Hirt ZURICH (Reuters) - Roughly one third of assets managed in Switzerland was invested sustainably in 2019, an increase of 62% from the previous year, a study published on Monday found. The...
Jun 08, 2020
British financier Staveley’s $2 billion Barclays lawsuit hits High Court
By Kirstin Ridley LONDON (Reuters) - British buinesswoman Amanda Staveley's private equity firm told London's High Court on Monday it had received a "substantially worse" deal than Qatar when its synd...
Jun 08, 2020
Israel Aerospace wins $350 million European special mission aircraft deal
TEL AVIV (Reuters) - Israel Aerospace Industries (IAI) [ISRAI.UL] has received a $350 million contract from a European country for special mission aircraft, the state-controlled company said on Monday...
Jun 08, 2020
