Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
BOJ to pump nearly $16 bln to economy via loan scheme, amount doubles on new incentive
TOKYO (Reuters) - The Bank of Japan offered on Tuesday to pump 1.7 trillion yen ($15.8 billion) into the economy under its lending scheme aimed at boosting loans to companies hit by the widening fallo...
May 26, 2020
BoE not remotely close to any decision on negative rates: Haldane
LONDON (Reuters) - The Bank of England is not yet remotely close to any decision to take interest rates below zero, the central bank's Chief Economist Andy Haldane said on Tuesday. Haldane also said s...
May 26, 2020
UK gives 32 billion pounds in loans and guarantees to COVID-hit companies
LONDON (Reuters) - The British government has awarded more than 32 billion pounds ($39 billion) in loans and guarantees to businesses to see them through the coronavirus pandemic, finance minister Ris...
May 26, 2020
Swedish Finance Minister: functioning internal market bigger boost to Europe than recovery fund
STOCKHOLM (Reuters) - Returning to a fully functioning internal market in the European Union would do more to help economic recovery than a mooted recovery fund, Swedish Finance Minister Magdalana And...
May 26, 2020
EU readies to drop ‘maximalist’ fish demands in UK talks: sources
BRUSSELS (Reuters) - The European Union is willing to drop its current "maximalist" approach on fisheries in negotiations with Britain next week, sources said, in what would be the first major concess...
May 26, 2020
Lufthansa unit Eurowings to cut a third of head-office staff
DUESSELDORF, Germany (Reuters) - Eurowings, the low-cost airline owned by Lufthansa , said it would cut a third of the jobs at its headquarters as part of wider efforts to return the German airline gr...
May 26, 2020
U.S. stock futures rise 2% to 3,012 points
SINGAPORE (Reuters) - U.S. stock futures rose 2% on Tuesday and breached a major chart barrier as investors brushed aside China-U.S. trade tension and braced for a re-opening of the world economy. S&P...
May 26, 2020
Tencent to invest $70 billion in ‘new infrastructure’
By Pei Li HONG KONG (Reuters) - Chinese tech giant Tencent Holdings will invest 500 billion yuan ($70 billion) over the next five years in technology infrastructure including cloud computing, artifici...
May 26, 2020
European shares near 11-week high, UK stocks surge
(Reuters) - European shares hovered near a 11-week high on Tuesday, with UK markets surging after a long weekend, as businesses worldwide gradually reopened following a months-long lockdown. The pan-E...
May 26, 2020
Insurer AXA to pay out to restaurants after court ruling
PARIS (Reuters) - AXA said on Tuesday it would meet the bulk of claims from some restaurant owners after a Paris court ruled last week the French insurer should pay one owner two-months' worth of coro...
May 26, 2020
