Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Russian GDP could fall by more than 8% second quarter 2020: Nabiullina
MOSCOW (Reuters) - Russia's economy could contract by more than 8% in the second quarter of 2020, central bank governor Elvira Nabiullina said on Friday, adding that the bank would revise its most rec...
May 22, 2020
Deere profit tops as demand slump not as bad as feared
(Reuters) - Deere & Co topped quarterly estimates for profit on Friday as demand for farm equipment fell less than feared and the company kept a tight lid on costs. Deere typically sees a pick-up in s...
May 22, 2020
Cabin crew union demands Lufthansa bailout safeguards jobs
FRANKFURT (Reuters) - Germany's airline cabin crew union called on Friday for Berlin to include measures to safeguard jobs in the bailout package which is being finalised for airline Lufthansa . The U...
May 22, 2020
U.S. shale bust slams rural economies as oil checks shrivel
By Jennifer Hiller DeWITT COUNTY, Texas (Reuters) - Royalties from oil pumped on Paul Ruckman's land allowed the South Texas retiree to build a six-bedroom, seven-bathroom vacation home. He had plenty...
May 22, 2020
UK short-dated gilt yields hit record lows after weak data, BoE comments
LONDON (Reuters) - Short-dated British government bond yields fell further below zero on Friday, setting fresh all-time lows, after data showed a record collapse in retail sales due to the coronavirus...
May 22, 2020
EasyJet founder fails to oust management, proxy votes show
LONDON (Reuters) - EasyJet said founder Stelios Haji-Ioannou had failed in his attempt to oust key management including the CEO, according to the initial results of a shareholder vote brought over the...
May 22, 2020
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
