Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
European shares extend gains on stimulus boost
(Reuters) - European shares rose for the fourth straight session on Thursday, as optimism over businesses returning to work and a massive stimulus plan for the European Union outweighed concerns over ...
May 28, 2020
German economy likely to shrink 6.6% this year due to coronavirus: Ifo
BERLIN (Reuters) - The German economy is likely to shrink by 6.6% this year as a consequence of the coronavirus crisis before growing by 10.2% in 2021, the Ifo Institute said on Thursday in its latest...
May 28, 2020
French finance minister hopes for deal on EU’s 750 billion euro recovery plan in coming weeks
PARIS (Reuters) - French Finance Minister Bruno Le Maire told France 2 television on Thursday that he hoped the European Union could reach a deal on the EU's planned 750 billion euros ($826.1 billion)...
May 28, 2020
Trump’s executive order targets political bias at Twitter and Facebook: draft
By Nandita Bose and David Shepardson WASHINGTON (Reuters) - U.S. President Donald Trump is expected to order a review of a law that has long protected Twitter, Facebook and Alphabet's Google from bein...
May 28, 2020
Gum, mints and snack bar sales slump, as U.S. consumers order online amid COVID-19 crisis
By Martinne Geller LONDON (Reuters) - Impulse purchases - gum, mints and snack bars tossed into a shopping basket as one snakes through the supermarket checkout line - are falling as more people get g...
May 28, 2020
U.S. stocks to end year around current levels as virus takes toll: Reuters poll
By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks will end this year around current levels as the coronavirus pandemic cripples the economy and eats into earnings, according to strategists pol...
May 27, 2020
A long and winding road to recovery for European stocks: Reuters poll
By Julien Ponthus LONDON (Reuters) - The recovery from the coronavirus financial crash will take time for European stocks which are expected to end 2021 around 10% below this February's record high, a...
May 27, 2020
New wave of U.S. layoffs feared as coronavirus pain deepens
By Lucia Mutikani WASHINGTON (Reuters) - Job cuts by U.S. state and local governments whose budgets have been crushed fighting the COVID-19 pandemic and more second-wave layoffs in the private sector ...
May 27, 2020
American Airlines says to cut management and support staff by 30%
By Tracy Rucinski (Reuters) - American Airlines Group Inc must reduce its management and support staff by about 30% and may have to cut frontline employees as it downsizes due to the coronavirus outbr...
May 27, 2020
U.S. business to Trump: Go slowly on Hong Kong response
By David Lawder WASHINGTON (Reuters) - Business groups are urging U.S. President Donald Trump to go slowly in responding to Bejing's planned imposition of new national security laws on Hong Kong, warn...
May 27, 2020
