Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. lawmakers to unveil bill banning investment in firms tied to China’s military: document
By Alexandra Alper WASHINGTON (Reuters) - A group of Republican lawmakers plans to unveil legislation this week to keep Americans from investing in foreign defense companies with ties to China's milit...
May 31, 2020
Pandemic set to shrink Australian economy in first quarter, worse yet to come
By Swati Pandey SYDNEY (Reuters) - Australia's economy is expected to have shrunk in the first quarter as the global coronavirus pandemic is set to tip the country into its first recession in three de...
May 31, 2020
Asia’s factory pain worsens as China’s recovery fails to lift demand
By Leika Kihara TOKYO (Reuters) - Asia's factory pain deepened in May as the slump in global trade caused by the coronavirus pandemic worsened, with export powerhouses Japan and South Korea suffering ...
May 31, 2020
Australian mall giant Vicinity to raise $932 million in virus cash dash
By Byron Kaye and Anushka Trivedi SYDNEY/BENGALURU (Reuters) - Australian No. 2 shopping mall manager Vicinity Centres cancelled its dividend on Monday and said it planned to raise A$1.4 billion ($932...
May 31, 2020
China’s May factory activity returns to growth but demand remains weak: Caixin PMI
BEIJING (Reuters) - China's factory activity unexpectedly returned to growth in May as strict measures to contain the coronavirus outbreak were eased, but the improvement was marginal as export orders...
May 31, 2020
Dollar slips as investors focus on recovery outlook
By Tom Westbrook SINGAPORE (Reuters) - The dollar slipped on Monday as investors looked past unrest in the United States to the global economic recovery from the coronavirus and hoped for an easing in...
May 31, 2020
Panama will fine ships up to $10,000 if they tamper with transponders
By Elida Moreno PANAMA CITY (Reuters) - Panama's Maritime Authority said it will impose sanctions on vessels, including fines of up to $10,000 and withdrawing its flag from the ship, if they deliberat...
May 31, 2020
Delta, union working to avoid furloughs of 2,300 pilots
By Tracy Rucinski (Reuters) - Delta Air Lines Inc and its pilots union said on Sunday they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffin...
May 31, 2020
South Korean exports fall for third month but at a slower pace
By Joori Roh and Cynthia Kim SEOUL (Reuters) - South Korean exports tumbled in May for the third straight month, though at a slower pace, as extended global lockdown measures to contain the wider spre...
May 31, 2020
South Korea’s May factory activity contracts at fastest rate since 2009: PMI
SEOUL (Reuters) - South Korea's manufacturing activity shrank at the sharpest pace in more than a decade in May, as worldwide lockdowns continued to weigh on demand and production, dashing hopes of a ...
May 31, 2020
