Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Cost of UK response to COVID rises to 132.5 billion pounds: OBR
LONDON (Reuters) - The cost of Britain's emergency spending and its tax cuts to soften the economic hit from the coronavirus crisis is likely to be 132.5 billion pounds ($166.1 billion), up from a pre...
Jun 04, 2020
Futures slip ahead of jobless data
By Devik Jain (Reuters) - U.S. stock index futures slipped on Thursday as a rally fueled by optimism over an economic rebound from a coronavirus-led downturn ran out of steam, with investors awaiting ...
Jun 04, 2020
Germany hinges EU recovery funding on democratic values
By Gabriela Baczynska and Andreas Rinke BRUSSELS/BERLIN (Reuters) - Germany, set to take over the European Union's rotating presidency on July 1, will put the rule of law at the heart of the bloc's ec...
Jun 04, 2020
Germany finally splurges, but not without fresh criticism
By Michael Nienaber BERLIN (Reuters) - Under pressure from its European peers for years to spend more, Germany has finally served up a bumper stimulus package financed with new debt, but Berlin's redi...
Jun 04, 2020
Spain to investigate airlines which haven’t offered refunds for cancelled flights
MADRID (Reuters) - Spain's government has requested an investigation into several airlines for allegedly breaching European Union regulations on compensation for cancelled flights, Consumer Protection...
Jun 04, 2020
EU watchdog piles more pressure on asset management fees
LONDON (Reuters) - The European Union's markets watchdog published guidance for the bloc's national regulators on Thursday to tighten scrutiny of how asset managers charge fees on investors in funds. ...
Jun 04, 2020
Exclusive: GM plans electric van for business users in bid to pre-empt Tesla
By Ben Klayman and Paul Lienert DETROIT (Reuters) - General Motors Co is developing an electric van aimed at business users, joining a growing list of carmakers planning EVs for the same segment which...
Jun 04, 2020
British Airways boss says burning through cash, urges unions to engage
LONDON (Reuters) - The boss of British Airways said its parent company IAG was burning through 178 million pounds ($223 million) a week and could not guarantee its survival, prompting him to urge unio...
Jun 04, 2020
Exclusive: Amazon in talks to buy $2 billion stake in Indian telco Bharti Airtel – sources
By Aditya Kalra and Sumeet Chatterjee NEW DELHI/HONG KONG (Reuters) - Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel , three source...
Jun 04, 2020
Shenzhen drafts China’s first personal bankruptcy laws as virus pressures economy
SHENZHEN, China (Reuters) - Shenzhen has drafted China's first personal bankruptcy laws as the southern city tackles broader economic troubles stemming from the coronavirus outbreak, paving the way fo...
Jun 04, 2020
