Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK new car sales have worst May since 1952: SMMT
LONDON (Reuters) - British new car sales tumbled by an annual 89% in May, only slightly less negative than a 97% collapse in April, as car dealerships were hit by the government's coronavirus lockdown...
Jun 04, 2020
EU court adviser backs EU antitrust fine on Lundbeck
BRUSSELS (Reuters) - An adviser to Europe's top court on Thursday said the court should uphold an EU antitrust fine imposed on Danish drugmaker Lundbeck for its deals with rivals to delay sales of gen...
Jun 04, 2020
Citi defies coronavirus with Western European corporate lending push
By Sinead Cruise and Lawrence White LONDON (Reuters) - Citigroup is looking to ramp up its commercial banking operations across Europe, Middle East and Africa, plugging gaps left by rivals facing fall...
Jun 04, 2020
Germany earmarks $7.8 billion for hydrogen strategy
FRANKFURT (Reuters) - Germany's corona recovery stimulus package has earmarked 7 billion euros ($7.84 billion) for a national hydrogen strategy aimed at cutting emissions in Europe's largest economy. ...
Jun 04, 2020
Top supplier Malaysia sees no quick end to shortages in $8 billion gloves industry
KUALA LUMPUR (Reuters) - A global shortage of medical gloves due to a coronavirus-driven surge in demand will carry over into next year, Malaysia, the world's biggest gloves supplier, said on Thursday...
Jun 04, 2020
Russia’s Novak says July oil market could see 3-5 million bpd shortage: Ifax
MOSCOW (Reuters) - Russian Energy Minister Alexander Novak said on Thursday that the global oil market may see a shortage of 3-5 million barrels per day (bpd) in July, depending on the parameters of a...
Jun 04, 2020
Unite urges finance firms to step up call centre COVID-19 safety
LONDON (Reuters) - Employee union Unite has called on finance firms to do more to protect call centre staff after a survey of almost 3,000 employees exposed widespread fears about catching COVID-19 in...
Jun 04, 2020
Ford’s China ventures increase May sales as market rebounds
BEIJING (Reuters) - Ford Motor's China ventures have reported year-on-year sales growth for May in a sign of how the world's biggest auto market is continuing its recovery from coronavirus-induced low...
Jun 04, 2020
LVMH says it is not considering buying Tiffany shares via the market
PARIS (Reuters) - LVMH said on Thursday it did not plan to buy shares in Tiffany on the market, which would be one way for the French luxury goods group to buy the U.S. jeweller for less than the $16....
Jun 04, 2020
German auto stimulus to boost Volkswagen’s electric push
BERLIN/FRANKFURT (Reuters) - Germany unveiled sweeping incentives for cheap electric cars and for hybrid vehicles, providing a boost to Volkswagen's electric push while staggered taxes for polluting c...
Jun 04, 2020
