Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Blackstone risks paying damages in dispute with Italy’s RCS
MILAN (Reuters) - Milan's Arbitral Tribunal has judged that the contracts over the sale of Italy's RCS headquarters to Blackstone in 2013 were valid but found that the purchaser's behaviour may entitl...
May 26, 2020
Saudi public sector employees will return to work starting May 31
RIYADH (Reuters) - Saudi public sector employees will start returning to work gradually as of Sunday May 31, after more than two months of suspension amid strict measures to help curb the novel corona...
May 26, 2020
‘Rally of hope’: Why the S&P soared back past 3,000
By David Randall NEW YORK (Reuters) - Unthinkable just two months ago as the world economy shut down in response to the coronavirus pandemic, the U.S. stock benchmark S&P 500 index broke through the p...
May 26, 2020
Netherlands wants loans for EU recovery, Germany favours grants
BERLIN/AMSTERDAM (Reuters) - The Netherlands insists that the planned European Recovery Fund should hand out financial aid for virus-hit member states only as loans rather than grants that would not h...
May 26, 2020
JPMorgan CEO: bank will again boost credit reserves in second quarter
NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Tuesday that he expects the bank to take another significant credit reserve build in the second quarter that is "ro...
May 26, 2020
UK to stop new workers joining furlough scheme: FT
LONDON (Reuters) - Britain's government will soon stop new workers joining the 8 million who have already been put on temporary publicly funded leave by their employers, the Financial Times reported o...
May 26, 2020
Fund manager GMO reduces equity exposure after rebound
LONDON (Reuters) - Money manager GMO has cut exposure to equities in some of its multi-asset funds, it said on Tuesday, saying the rebound in stock prices over the past month may have been overly swif...
May 26, 2020
Apple to reopen about 100 stores in U.S., most with curbside pickup
(Reuters) - Apple Inc said on Tuesday that it plans to reopen about 100 stores in the United States, most with curbside pickup but some with walk-in service. Apple shuttered stores around the world as...
May 26, 2020
Austrian Airlines, government agree financing package: Kurier
VIENNA (Reuters) - Austria's government and Lufthansa-owned carrier Austrian Airlines on Tuesday reached agreement on loans for the airline and to keep Vienna airport as a long-haul hub, a major step ...
May 26, 2020
BMW to begin gradual restart in San Luis Potosi, Mexico on May 27
MEXICO CITY (Reuters) - German carmaker BMW said on Tuesday it would begin a gradual restart of operations at its plant in the central Mexican state of San Luis Potosi on Wednesday, May 27. The compan...
May 26, 2020
