Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
French government’s crisis measures have cost 450 billion euros – finance minister
PARIS (Reuters) - French government measures to prop up the economy through the coronavirus crisis have cost 450 billion euros ($490 billion), the equivalent of 20% of GDP, the finance minister said o...
May 25, 2020
France’s Le Maire in favour of delaying summer sales
PARIS (Reuters) - France's Finance Minister Bruno Le Maire said on Monday he favoured delaying French summer sales by three to four weeks to beef up the cash situation of retailers who were hit by a l...
May 25, 2020
Asahi to borrow $11 billion for purchase of AB InBev’s Australia unit
TOKYO (Reuters) - Japanese beer maker Asahi Group Holdings said on Monday it would borrow 1.185 trillion yen ($11 billion) from Sumitomo Mitsui Banking Corp (SMBC) to pay for its acquisition of Anheus...
May 25, 2020
Slump in consumption, exports push Germany into recession in first quarter
BERLIN (Reuters) - A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed on Monday, giving a glimpse of ...
May 25, 2020
Thai central bank governor Veerathai will not seek 2nd term
BANGKOK (Reuters) - Thailand's central bank governor Veerathai Santiprabhob, whose five-year term ends on Sept. 30, will not apply for a second term because of family reasons, the Bank of Thailand (BO...
May 25, 2020
Nordic investors turn up heat on coal in climate campaign
By Gwladys Fouche and Simon Jessop OSLO/LONDON (Reuters) - Five years after first ditching some coal companies, Nordic investors are turning their focus to bigger carbon emitters in a range of industr...
May 25, 2020
German regulators approve trial of French group Abivax’s coronavirus product
PARIS (Reuters) - French biotech group Abivax said on Monday German regulators had approved a trial to test its 'ABX464' product to help COVID-19 patients, following earlier French regulatory approval...
May 25, 2020
Virgin Australia lessors agree in principle to delay plane repossession: administrators
SYDNEY (Reuters) - Virgin Australia Holdings Ltd's administrators have reached in-principle agreements with aircraft lessors covering the bulk of its fleet to wait until after Aug. 31 to repossess pla...
May 24, 2020
Mexican auto industry groups urge Puebla state to allow operations to restart
By Sharay Angulo MEXICO CITY (Reuters) - Mexican auto industry groups on Sunday urged the governor of the state of Puebla to allow a gradual restart of operations after economic activity was curbed to...
May 24, 2020
Japan’s Uniqlo to make masks using underwear fabric
TOKYO (Reuters) - Japanese casual clothing chain Uniqlo, owned by Fast Retailing , said it plans to sell face masks made of fabric used for its Airism underwear line in response to strong demand for p...
May 24, 2020
