Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
ECB’s Villeroy: inflation target is symmetrical, flexible and mid-term
PARIS (Reuters) - The European Central Bank's inflation objective is symmetrical, flexible and can be targeted over the mid-term, ECB policymaker Francois Villeroy de Galhau said on Tuesday. The ECB s...
May 26, 2020
Uber India cuts 600 jobs amid coronavirus outbreak
BENGALURU (Reuters) - Ride hailing company Uber Technologies Inc's Indian arm will cut 600 jobs across functions, as it navigates a strict coronavirus lockdown that has brought businesses to a grindin...
May 26, 2020
Frozen UK property funds face existential crisis
By Carolyn Cohn LONDON (Reuters) - British property funds are set to remain frozen for months as the market is impossible to value due to the coronavirus crisis, and some may need to change structure ...
May 26, 2020
France’s Macron says support for car sector to be ‘massively amplified’
PARIS (Reuters) - President Emmanuel Macron said on Tuesday that support for the French car sector, hard hit by the coronavirus lockdown, will be "massively amplified". "The health crisis massively an...
May 26, 2020
EasyJet says finance chief Findlay to leave in 2021
LONDON (Reuters) - British low cost airline easyJet said chief financial officer Andrew Findlay will leave the company in May 2021, and it had started the search for his successor. Findlay, who joined...
May 26, 2020
Aston Martin confirms Mercedes boss Moers will replace CEO Palmer
LONDON (Reuters) - Aston Martin confirmed on Tuesday that Tobias Moers, CEO of Mercedes-AMG, would become chief executive on August 1, replacing Andy Palmer who stepped down on Monday. The Financial T...
May 26, 2020
Macau gambling king Stanley Ho dies aged 98
HONG KONG (Reuters) - Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died on Tuesday at the age of 98, s...
May 26, 2020
German consumer morale improves slightly, job fears remain high: GfK
BERLIN (Reuters) - German consumer morale improved slightly heading into June after hitting its lowest level on record in the previous month, a survey showed on Tuesday, suggesting that Europe's large...
May 26, 2020
