Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
European shares inch lower on doubts over COVID-19 vaccine
(Reuters) - European shares headed lower on Wednesday after a downbeat session on Wall Street, as doubts over a potential COVID-19 vaccine reignited fears about the slow recovery from a looming global...
May 20, 2020
Twenty-year Treasury bond will add to $25 trillion U.S. debt pile
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Investors expect robust demand for the Treasury Department's new $20 billion issue of 20-year bonds, set to launch Wednesday, from U.S. institutions, foreign ...
May 20, 2020
Unemployment jumps in Netherlands as pandemic hits young workers
AMSTERDAM (Reuters) - Unemployment rose at its fastest pace on record in the Netherlands in April as lockdown measures began to hit the economy with young workers hit hardest, Statistics Netherlands s...
May 20, 2020
Britain’s Rolls-Royce to cut 9,000 jobs amid air travel slump
LONDON (Reuters) - Britain's Rolls-Royce said it would cut at least 9,000 jobs from its global staff of 52,000 to adapt to the much smaller aviation market that will emerge from the coronavirus pandem...
May 20, 2020
UK inflation drops to lowest since 2016 as coronavirus hits
By David Milliken LONDON (Reuters) - Britain's inflation rate sank in April to its lowest since August 2016 as the coronavirus pandemic pushed down global oil prices and clothing retailers cut prices,...
May 20, 2020
Spike in some Hong Kong flat sales raises fraud suspicions
By Clare Jim HONG KONG (Reuters) - A jump in the number of Hong Kong flats selling for exactly HK$10 million ($1.3 million) in recent months has raised suspicions about potential fraud, following a re...
May 20, 2020
HitecVision renegotiates purchase of Total’s North Sea assets, seeks more
LONDON (Reuters) - Private-equity group HitecVision's NEO business has renegotiated its deal to buy British North Sea oilfields from Total , with Omani partner Petrogas dropping out and the French sel...
May 20, 2020
Angola’s oil exploration evaporates as COVID-19 overshadows historic reforms
By Noah Browning, Dmitry Zhdannikov and Libby George LONDON/LAGOS (Reuters) - The coronavirus pandemic has done in a handful of months what even a 27-year civil war did not: it has brought oil drillin...
May 20, 2020
Small oil palm farmers face survival crisis in risk to future output
By Mei Mei Chu and Krishna N. Das KUALA LUMPUR (Reuters) - When Shell engineer Incham Serdin quit his job four years ago to start a small palm plantation in his native Malaysia, prices of the fleshy f...
May 20, 2020
Outlook for European corporate profits worsens further
LONDON (Reuters) - Expectations for second- and third-quarter corporate profits are deteriorating further in Europe, despite a gradual easing across the continent of lockdowns aimed at curbing the cor...
May 20, 2020
