Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
NY Fed’s Williams says U.S. economy could rebound in second half but uncertainty remains
NEW YORK (Reuters) - The U.S. economy could reach a bottom in May or June and see a strong recovery in the second half of the year, New York Federal Reserve Bank President John Williams said Wednesday...
May 27, 2020
UK can help companies prepare for Brexit and COVID-19, minister says
LONDON (Reuters) - The British government is working with businesses to help them prepare for the departure from the European Union even as it helps them cope with the coronavirus pandemic, cabinet of...
May 27, 2020
Hershey says mint, gum sales hit as lockdowns restrict social gatherings
(Reuters) - Hershey Co said on Wednesday sales of gums and mints have taken a hit as social distancing protocols spurred by the COVID-19 pandemic discouraged people from participating in gatherings. T...
May 27, 2020
Roberto Fendt named as Brazil’s deputy economy minister for foreign trade
BRASILIA (Reuters) - Economist Roberto Fendt, Executive Secretary of the Brazil-China Business Council and a graduate of the University of Chicago, is to be Brazil's new deputy economy minister for fo...
May 27, 2020
Central bankers must devise strategy for return to normal policy, BIS head says
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Central bankers must work to get monetary policy back to normal and create an exit strategy from aggressive measures "as soon as possible" to counteract hi...
May 27, 2020
EU warns against overloading pandemic relief package for banks
By Huw Jones LONDON (Reuters) - Expanding a "quick fix" package of measures for helping European Union banks keep credit flowing to pandemic-hit companies would defeat its objective, a top EU official...
May 27, 2020
Blackstone says Milan court ruled only on validity of 2013 property sale
MILAN (Reuters) - Milan's arbitral court has ruled only that the 2013 sale to Blackstone of RCS' headquarters is valid while it has taken no decision on possible compensation for the Italian publisher...
May 27, 2020
Lufthansa supervisory board unable to approve bailout package
FRANKFURT (Reuters) - Lufthansa's supervisory board was unable to approve a 9-billion euro ($9.90 billion) bailout in light of conditions imposed by the European Union, the airline group said on Wedne...
May 27, 2020
‘Mothership’ office on horizon but don’t write off London: Canary Wharf
By Matt Gooderick and Guy Faulconbridge LONDON (Reuters) - The coronavirus crisis is accelerating a move to a new type of office which will be more of a "mothership" model with people working from mul...
May 27, 2020
EU needs to focus on Brexit negotiations: UK negotiator
LONDON (Reuters) - The UK's chief negotiator David Frost said the European Union needed to focus on Brexit negotiations and pay attention to certain areas in order for the two sides to come to an agre...
May 27, 2020
