Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Japan’s low unemployment rate conceals deeper labour market pain
By Daniel Leussink TOKYO (Reuters) - Japan's labour market in April appeared to be weathering a severe slowdown in economic activity due to the coronavirus pandemic, but a closer look at official data...
May 29, 2020
We’re still a long way off concluding EU recovery fund talks: Germany
BERLIN (Reuters) - There is still a long way to go until talks on a European coronavirus recovery fund are concluded, Germany's foreign minister said on Friday, adding that Berlin aims to act as an "h...
May 29, 2020
Exclusive: Russia’s Rosneft finds extended oil cuts painful – sources
By Olga Yagova, Olesya Astakhova and Gleb Gorodyankin MOSCOW (Reuters) - Rosneft does not have enough crude to ship to buyers with which it has long-term supply deals, making it hard for the Russian c...
May 29, 2020
Explainer: How important is Hong Kong to China as a free finance hub?
By Noah Sin HONG KONG (Reuters) - Bankers and investors fear China's push to impose national security laws on Hong Kong threaten the city's future as an international financial centre. If it gets to t...
May 29, 2020
China’s Didi Chuxing raises over $500 million for autonomous driving unit
SHANGHAI (Reuters) - China's Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary. The ridehailing giant said the round was led b...
May 29, 2020
Exclusive: Barrick offers PNG landowners a stake to resolve Porgera mine dispute
By Tom Westbrook and Melanie Burton SINGAPORE/MELBOURNE (Reuters) - Barrick Gold Corp has offered an extra 15% stake in its Porgera gold mine in Papua New Guinea to local landowners, according to a le...
May 29, 2020
Virgin Australia administrator to shortlist two bidders early next week
By Jamie Freed and Scott Murdoch SYDNEY/HONG KONG (Reuters) - The administrator of Virgin Australia Holdings expects to shortlist two preferred bidders early next week after parties on Friday confirme...
May 29, 2020
German official sees Lufthansa bailout in reach, demands fairness
FRANKFURT (Reuters) - The Berlin government is likely to reach a deal with Brussels on a $10 billion government bailout of stricken airline Lufthansa , senior government official Thomas Jarzombek said...
May 29, 2020
Volkswagen says it will have full control of JAC-VW Chinese venture
BEIJING/SHANGHAI (Reuters) - German automaker Volkswagen will have full management control of its JAC-VW joint venture, the company's China CEO said on Friday. Stephan Wollenstein told a media briefin...
May 29, 2020
European shares step back, Trump’s China response awaited
(Reuters) - European shares pulled back on Friday as market participants turned their focus to Washington's response to the Chinese parliament's approval of a national security law for Hong Kong, but ...
May 29, 2020
