Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Roberto Fendt named as Brazil’s deputy economy minister for foreign trade
BRASILIA (Reuters) - Economist Roberto Fendt, Executive Secretary of the Brazil-China Business Council and a graduate of the University of Chicago, is to be Brazil's new deputy economy minister for fo...
May 27, 2020
Central bankers must devise strategy for return to normal policy, BIS head says
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Central bankers must work to get monetary policy back to normal and create an exit strategy from aggressive measures "as soon as possible" to counteract hi...
May 27, 2020
EU warns against overloading pandemic relief package for banks
By Huw Jones LONDON (Reuters) - Expanding a "quick fix" package of measures for helping European Union banks keep credit flowing to pandemic-hit companies would defeat its objective, a top EU official...
May 27, 2020
Blackstone says Milan court ruled only on validity of 2013 property sale
MILAN (Reuters) - Milan's arbitral court has ruled only that the 2013 sale to Blackstone of RCS' headquarters is valid while it has taken no decision on possible compensation for the Italian publisher...
May 27, 2020
Lufthansa supervisory board unable to approve bailout package
FRANKFURT (Reuters) - Lufthansa's supervisory board was unable to approve a 9-billion euro ($9.90 billion) bailout in light of conditions imposed by the European Union, the airline group said on Wedne...
May 27, 2020
‘Mothership’ office on horizon but don’t write off London: Canary Wharf
By Matt Gooderick and Guy Faulconbridge LONDON (Reuters) - The coronavirus crisis is accelerating a move to a new type of office which will be more of a "mothership" model with people working from mul...
May 27, 2020
EU needs to focus on Brexit negotiations: UK negotiator
LONDON (Reuters) - The UK's chief negotiator David Frost said the European Union needed to focus on Brexit negotiations and pay attention to certain areas in order for the two sides to come to an agre...
May 27, 2020
EU to borrow $8.5 billion to boost spending on vaccines, drugs, health
BRUSSELS (Reuters) - The European Commission on Wednesday proposed borrowing 7.7 billion euros ($8.49 billion) on financial markets to fund extra spending on vaccines, drugs and healthcare over the ne...
May 27, 2020
UK govt in talks with companies about additional customs declarations: Gove
LONDON (Reuters) - Britain's government is in talks with businesses on the additional customs declarations needed after the country leaves the European Union's customs union, cabinet office minister M...
May 27, 2020
With debt crunch looming, Sri Lanka needs help from its friends
By Marc Jones LONDON (Reuters) - Sri Lanka's finances were fragile long before the coronavirus delivered its blow, but unless the country can secure aid from allies like China, economists say it may h...
May 27, 2020
