Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
LHV to buy Danske’s Estonian corporate, public credit portfolio
TALLINN (Reuters) - Estonian bank LHV said on Monday it has agreed to buy Danske Bank's Estonian corporate and public sector credit portfolio, which at end-April amounted to approximately 312 million ...
Jun 08, 2020
Risk-taking billionaires offer rich reward for Credit Suisse
By Brenna Hughes Neghaiwi and Oliver Hirt ZURICH (Reuters) - Credit Suisse is banking on risk-taking billionaires to drive revenue growth at its wealth management division. While most private banking ...
Jun 08, 2020
Coronavirus widens the cracks in Egypt’s cement industry
CAIRO (Reuters) - The coronavirus is putting Egypt's private cement industry under even more pressure. Already scrambling to respond to competition from a vast new factory owned by the military, the p...
Jun 08, 2020
Gulf mall operators rein in expansion as retailers reel from COVID-19
By Hadeel Al Sayegh DUBAI (Reuters) - Mall operators in the Gulf region are delaying new mega-projects as the coronavirus pandemic and low oil prices upend a retail industry built around huge centres ...
Jun 08, 2020
Europe’s Detroit? Pandemic bursts Toulouse aerospace bubble
By Johanna Decorse TOULOUSE (Reuters) - Barely three months ago, Serge Dumas had one problem: how to keep up with record demand for the metal fasteners and bolts his small aerospace supply firm manufa...
Jun 08, 2020
German industry sees production declining further but at slower rate: Ifo
BERLIN (Reuters) - German manufacturers expect their production levels to decline further in the coming three months, but at a slower pace than previously, the Ifo institute said on Monday. Ifo said i...
Jun 08, 2020
Japan’s service sector sentiment rises 7.6 points in May
TOKYO (Reuters) - Japan's service sector sentiment index rose in May, a Cabinet Office survey showed on Monday, although the coronavirus pandemic continues to weigh on firms' business confidence. The ...
Jun 08, 2020
Sugar shipping rush in Brazil amid COVID surge causes huge vessel logjam
By Marcelo Teixeira, Roberto Samora and Mayank Bhardwaj NEW YORK/SAO PAULO/NEW DELHI (Reuters) - More than 70 ships are lined up at Brazil's port of Santos to load sugar for export in a queue that may...
Jun 08, 2020
Fed says beating pandemic is key, but how will it know things are better?
By Howard Schneider WASHINGTON (Reuters) - With a full three months of responding to a global pandemic under their belt, U.S. Federal Reserve officials have united around one point: lasting progress o...
Jun 08, 2020
Chinese mutual funds to raise money for New Third Board investments
SHANGHAI (Reuters) - Chinese mutual funds are raising money to invest in the country's New Third Board exchange, as Beijing pushes forward with reforms in its capital markets to help shore up its econ...
Jun 07, 2020
