Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Canadian housing starts excluding Quebec falls 20.4% in May: CMHC
TORONTO (Reuters) - Canadian housing starts excluding the province of Quebec fell 20.4% in May compared with the previous month as groundbreaking decreased on both multiple unit and single-detached ur...
Jun 08, 2020
Oman’s sultan appoints head of new sovereign wealth fund
DUBAI (Reuters) - Oman's Sultan has appointed Abdulsalam al-Murshidi as the head of the Omani Investment Authority, a new state entity replacing the sultanate's sovereign wealth funds, Omani state tel...
Jun 08, 2020
Commvault reaches agreement with Starboard, adds independent directors
(Reuters) - Commvault has reached an agreement with activist hedge fund Starboard Value and added three independent directors to the data management software firm's board, it said on Monday. Todd Brad...
Jun 08, 2020
EU antitrust regulators reinforce case against Teva pay-for-delay deals
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust enforcers, boosted by recent court victories, on Monday reinforced their case against Israeli drugmaker Teva over its deal with rival Cephalon to dela...
Jun 08, 2020
Austria strikes 450 million eur bailout deal for Lufthansa unit: sources
VIENNA (Reuters) - Austria has agreed to a smaller-than-expected bailout package for Lufthansa unit Austrian Airlines of 450 million euros ($508 million) in loans and grants, people familiar with the ...
Jun 08, 2020
Ryanair boss sees UK quarantine dropped or quashed by end-June
LONDON (Reuters) - Ryanair believes Britain's courts will either strike down a 14-day quarantine for international travellers this week or the government will drop the measure before the end of June, ...
Jun 08, 2020
Italy’s debt unsustainable, will face eventual restructuring: Schroders
AMSTERDAM (Reuters) - Italy's debt is unsustainable in the long term and will eventually require a restructuring, Schroders' senior European economist said on Monday. The southern European economy, hi...
Jun 08, 2020
Exclusive: BP to cut 15% of workforce – sources
By Shadia Nasralla and Ron Bousso LONDON (Reuters) - BP plans to cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney's plan to shift the ...
Jun 08, 2020
Overfishing on the rise as global consumption climbs: U.N. agency
By Nigel Hunt LONDON (Reuters) - More than a third of the fish stocks around the world are being overfished and the problem is particularly acute in developing countries, the United Nations Food and A...
Jun 08, 2020
Spain’s economy could shrink by up to 21.8% in second quarter, Bank of Spain says
MADRID (Reuters) - Spain's economy could shrink by 16% to 21.8% in the second quarter against the previous quarter due to the COVID-19 pandemic, the Bank of Spain said on Monday as it charted various ...
Jun 08, 2020
