Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: Unfazed by pandemic, Bank of Japan to keep economic recovery view – sources
By Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan is likely to maintain its projection that the economy will gradually recover in the latter half of this year, four sources familia...
Jun 05, 2020
Premier Oil agrees deal with top creditor ARCM over buying BP assets
LONDON (Reuters) - Premier Oil will issue discounted shares to activist hedge fund ARCM representing 8.91% of the company to pay for North Sea assets from BP , which agreed to reduce the price, Premie...
Jun 05, 2020
Germany will need two years to recoup growth lost in recession, Bundesbank says
FRANKFURT (Reuters) - Germany's economy will shrink significantly this year and may need two years to make up the lost ground, its central bank said on Friday, joining a number of forecasters predicti...
Jun 05, 2020
Virus-hit German industry orders plummet 25.8% in April
BERLIN (Reuters) - Orders for German industrial goods fell 25.8% in April, suffering their biggest drop since records began in 1991, data showed on Friday, as the coronavirus slashed domestic and fore...
Jun 05, 2020
China May exports seen tumbling as coronavirus hits demand; imports fall: Reuters poll
BEIJING (Reuters) - China's exports likely tumbled in May after a surprising rebound the previous month as global coronavirus lockdowns continued to devastate demand, but imports showed some signs of ...
Jun 05, 2020
Japan’s coincident index falls 7.3 points in April
TOKYO (Reuters) - Japan's coincident indicator index fell in April and the government maintained its view on the index, suggesting the economy is worsening after slipping into a coronavirus-hit recess...
Jun 05, 2020
Ocean shipping shrinks as pandemic pummels retailers
By Jonathan Saul, Lisa Baertlein and Sonya Dowsett LONDON/LOS ANGELES/MADRID (Reuters) - The $1 trillion container shipping industry is in a slowdown. Literally. Some shipping lines, whose retail cust...
Jun 05, 2020
Japan’s first-quarter GDP decline likely smaller than initial estimates on firmer capex
TOKYO (Reuters) - Japan's first quarter economic contraction was likely smaller than initially estimated, a Reuters poll showed, thanks to stronger business spending although the country is still expe...
Jun 05, 2020
Germany should return to balanced budget in next legislative period: minister
BERLIN (Reuters) - Germany should return to a balanced budget in the next legislative period, German Economy Minister Peter Altmaier told a magazine, after Europe's largest economy announced a massive...
Jun 05, 2020
Half of German companies postponed investments in May: Ifo survey
BERLIN (Reuters) - Half of companies in Germany postponed investments in May while 28% cancelled investment projects completely as the coronavirus pandemic takes its toll, a survey by economic institu...
Jun 05, 2020
