Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
With debt crunch looming, Sri Lanka needs help from its friends
By Marc Jones LONDON (Reuters) - Sri Lanka's finances were fragile long before the coronavirus delivered its blow, but unless the country can secure aid from allies like China, economists say it may h...
May 27, 2020
Ralph Lauren posts bigger-than-expected loss as lockdowns hammer sales
(Reuters) - Ralph Lauren Corp posted a bigger-than-expected quarterly loss on Wednesday as stores across the world that sell its jackets, coats and Polo shirts were forced to close due to the COVID-19...
May 27, 2020
Swiss National Bank says expansive policy more important in pandemic
By John Revill and Brenna Hughes Neghaiwi ZURICH (Reuters) - Swiss monetary policy must remain accommodative, Swiss National Bank Chairman Thomas Jordan said on Wednesday, saying the central bank was ...
May 27, 2020
Americas will be hardest hit by COVID-19 job losses :ILO
By Emma Farge GENEVA (Reuters) - The Americas will bear the brunt of an estimated 305 million job losses that the COVID-19 pandemic will cause worldwide between April and June, the International Labou...
May 27, 2020
Cuomo to press Trump on reviving U.S. economy with roads, bridges in White House meeting
WASHINGTON (Reuters) - New York Governor Andrew Cuomo will press President Donald Trump to invest in the nation's roads, bridges and rails during a White House meeting on Wednesday as U.S. states begi...
May 27, 2020
Trump threatens to regulate or shut down social media companies
WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after Twitter Inc for the first time added a warning to some of his ...
May 27, 2020
Greensill drops libel suit against Reuters over bond story
LONDON (Reuters) - Greensill Capital said it has dropped a libel suit against Reuters over a story which said that the financing group had provided a false statement to market participants in 2018. Th...
May 27, 2020
Without tourists, Europe’s luxury shops struggle to reopen in style
By Silvia Aloisi MILAN (Reuters) - As European luxury shopping capitals from Paris to Milan slowly emerge from coronavirus lockdowns, stores are reopening to a trickle of customers, and virtually no t...
May 27, 2020
Carlyle’s Africa dealmakers leave to start their own buyout firm
By Chibuike Oguh (Reuters) - Four dealmakers responsible for Carlyle Group Inc's Sub-Saharan Africa Fund are leaving to launch their own firm, Carlyle said on Wednesday, in the latest private equity r...
May 27, 2020
Auto parts maker Marelli secures $1.2 billion financing to withstand crisis
MILAN (Reuters) - Auto parts maker Marelli said on Wednesday it had secured additional capital and loans worth 130 billion yen ($1.2 billion) from top shareholder U.S. investment firm KKR and Japanese...
May 27, 2020
