Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Australia targets litigation funders in class action clampdown
SYDNEY (Reuters) - The Australian government is tightening regulatory scrutiny of wealthy litigation funders, clamping down on the industry following a surge in costly class action lawsuits. Treasurer...
May 21, 2020
SoftBank Group’s sale of 5% telco unit stake to raise $2.9 billion
TOKYO (Reuters) - SoftBank Group Corp said on Friday its planned sale of 5% in its domestic telco SoftBank Corp would fetch 310.2 billion yen ($2.9 billion), as part of a programme to raise $41 billio...
May 21, 2020
Wesfarmers expects up to $315 million impairment in 2020 as part of Target review
(Reuters) - Australia's Wesfarmers Ltd said on Friday it expects a pre-tax non-cash charge of up to A$480 million ($315.22 million) in fiscal year 2020 as part of a strategic review of Target, which i...
May 21, 2020
Japan’s core consumer prices fall for first time in three years
By Daniel Leussink TOKYO (Reuters) - Japan's core consumer prices fell for the first time in more than three years in April on an annual basis, as weak oil prices and coronavirus lockdown measures hei...
May 21, 2020
Asia shares set to fall as Sino-U.S. strains hit confidence
By Chris Prentice WASHINGTON (Reuters) - Asian shares were set for another retreat on Friday as U.S.-China tensions curbed investor risk appetite and caused global equity markets to stumble. Hong Kong...
May 21, 2020
UK PM Johnson orders for plans to end reliance on Chinese imports: The Times
(Reuters) - British Prime Minister Boris Johnson has instructed civil servants to make plans to end UK's reliance on China for vital medical supplies and other strategic imports in light of the corona...
May 21, 2020
Let car showrooms reopen urgently, industry body urges UK government
LONDON (Reuters) - Britain's nearly 5,000 new-car showrooms should be allowed to reopen urgently, an automotive industry body said on Friday, lobbying the government ahead of the next stage in plans t...
May 21, 2020
UK consumer confidence back at joint lowest level since 2009: GfK
LONDON (Reuters) - British consumer confidence in early May dipped back down to its joint-lowest level since the global financial crisis in 2009, despite moves by the government to start loosening its...
May 21, 2020
EasyJet board looks set to win latest battle with Stelios
By Sarah Young LONDON (Reuters) - EasyJet's board looks poised to win a shareholder vote on Friday and deal a blow to its founder and long-term critic over the British low-cost airline's plan to stick...
May 21, 2020
IMF reaches staff agreement for $5 billion Ukraine financing
WASHINGTON (Reuters) - The International Monetary Fund said it has reached a staff-level agreement with Ukraine for a new $5 billion, 18-month Stand-By Arrangement to help the Eastern European country...
May 21, 2020
