Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China’s Geely to explore deeper cooperation with Daimler: chairman
BEIJING (Reuters) - China's Geely will explore the possibility of deeper cooperation with German luxury automaker Daimler AG , its Chairman Li Shufu said on Friday. Geely built a 9.69% stake in Stuttg...
May 22, 2020
Column: Coronavirus is dark side of an urban interconnected world – Kemp
By John Kemp LONDON (Reuters) - Like earlier pandemics, the coronavirus is the dark side of a highly productive, urbanised, interconnected and increasingly prosperous world. Yet urbanisation has persi...
May 22, 2020
Ryanair’s Lauda airline to close Vienna base, 300 jobs to go
VIENNA (Reuters) - Ryanair's Austrian airline Lauda on Friday said it would shut down its main Vienna base on May 29 with the loss of more than 300 jobs in Austria after it did not manage to agree new...
May 22, 2020
Japan’s finance minister, central bank governor meet on pandemic response
TOKYO (Reuters) - Japanese Finance Minister Taro Aso and Bank of Japan Governor Haruhiko Kuroda met in Tokyo, the finance ministry said on Friday, in a show of resolve to coordinate fiscal and monetar...
May 22, 2020
George Soros says coronavirus threatens EU’s survival
LONDON (Reuters) - George Soros, the billionaire financier, has cautioned that the European Union's survival was threatened by the novel coronavirus unless it could issue perpetual bonds or "consols" ...
May 22, 2020
Amazon to hire 50,000 temp workers in India as lockdown boosts demand
BENGALURU (Reuters) - Amazon.com Inc's India unit said it would hire 50,000 temporary workers to meet a surge in online shopping in the country, where customers have been stuck indoors for two months ...
May 22, 2020
Bank of America calls top of cash mountain, cautions on ‘fake markets’
LONDON (Reuters) - Analysts at BofA said the cash mountain stockpiled by investors during the coronavirus outbreak looks to have now peaked and cautioned that rampant central bank stimulus was fixing ...
May 22, 2020
Hong Kong bankers worry that new laws could lead to capital flight
By Sumeet Chatterjee and Scott Murdoch HONG KONG (Reuters) - China's plans to impose national security legislation in Hong Kong are expected to lead to the flight of capital and talent from the Asian ...
May 22, 2020
Luxury stocks hammered as Chinese trade fears hit Europe
(Reuters) - European shares fell on Friday as a deterioration in U.S.-China ties compounded fears of a slower recovery from the economic damage wreaked by the COVID-19 pandemic. Beijing on Thursday pl...
May 22, 2020
Banks pursue Luckin Coffee chairman’s assets after loan default
By Scott Murdoch HONG KONG (Reuters) - The banks that lent $518 million to Luckin Coffee Chairman Charles Zhengyao Lu have started court proceedings to liquidate his private company, a government gaze...
May 22, 2020
