Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
German retail sales fall far less than expected in April
BERLIN (Reuters) - German retail sales fell at their fastest pace since 2007 in April, data showed on Friday, but the drop was not as steep as expected in a sign of the relative resilience of Europe's...
May 29, 2020
Britain needs to start tapering its COVID furlough scheme: minister
LONDON (Reuters) - Britain cannot run its COVID-19 jobs protection scheme indefinitely and needs to start tapering it down as people slowly return to work, environment minister George Eustice said on ...
May 29, 2020
Stick or twist? Investors face coronavirus-induced property dilemma
By Sinead Cruise LONDON (Reuters) - The coronavirus pandemic has emptied offices and shuttered shops but filled warehouses and highlighted demand for work-from-home spaces, leaving investors wondering...
May 29, 2020
Nepali Sherpas wait, grow potatoes as Himalayas remain closed due to coronavirus
By Gopal Sharma KATHMANDU (Reuters) - Had it not been for the coronavirus, Nepali climbing guide Tashi Lakpa Sherpa would have been on Mount Everest now, guiding clients and trying to add another feat...
May 29, 2020
Crisis-hit Wall Street checks in to Zandi’s ‘impairment studio’
By David Henry NEW YORK (Reuters) - When Wall Street doesn't know where the world economy is heading, it books a session at Mark Zandi's "impairment studio". Faced with a pandemic-fueled recession wit...
May 29, 2020
UK business confidence matches 2008 low in May: Lloyds Bank
LONDON (Reuters) - British business confidence fell to its lowest since the 2008 financial crisis in May, according to a survey for Lloyds Bank which contrasts with other surveys which have shown a sm...
May 29, 2020
Japan April household spending seen due to coronavirus emergency: Reuters poll
TOKYO (Reuters) - Japan's April household spending likely tumbled at the fastest pace in decades, a Reuters poll showed on Friday, as the nation's state of emergency to fight the spread of the coronav...
May 29, 2020
Renault to restructure French factories in high-stakes reboot plan
PARIS (Reuters) - French carmaker Renault said on Friday it was launching talks with unions to reorganise and cease assembling vehicles at several plants in France as it cuts some 15,000 jobs worldwid...
May 29, 2020
Japan’s consumer mood higher in May but still ‘extremely severe’: government
TOKYO (Reuters) - Japan's consumer confidence index rose slightly in May but stayed near a record low as the new coronavirus pandemic took a heavy toll on the economy, a Cabinet Office survey showed o...
May 29, 2020
With ‘Main Street’ in view, Fed weighs risks of job, productivity shocks
By Howard Schneider WASHINGTON (Reuters) - U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of ...
May 29, 2020
