Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
German investor morale improves on hopes for economic turnaround
BERLIN (Reuters) - German investor sentiment improved much more than expected in May as concerns about the impact of the coronavirus pandemic on Europe's largest economy eased and hopes for a recovery...
May 19, 2020
Deutsche Boerse chief says plans to fulfill his term as CEO
FRANKFURT (Reuters) - Deutsche Boerse Chief Executive Theodor Weimer said on Tuesday that he planned to complete his term at the helm of the stock exchange operator. Weimer, speaking to shareholders, ...
May 19, 2020
Britain’s fraud office closes investigation into Switzerland’s ABB
LONDON (Reuters) - The UK Serious Fraud Office has closed a three-year bribery and corruption investigation into the British subsidiaries of Swiss engineering company ABB, it said on Tuesday. The inve...
May 19, 2020
London pulls ahead in commercial insurance but workforce ageing: report
LONDON (Reuters) - London has cemented its position as the world's biggest centre for commercial insurance through a focus on specialist risks but its workforce is ageing and the sector needs to attra...
May 19, 2020
S&P recovery will be far faster than 2008: Citigroup
(Reuters) - U.S. stock markets will deliver among the steepest recoveries in their history over the next year, returning to levels from before March's coronavirus lockdowns more than twice as fast as ...
May 19, 2020
Fidelity International applies to set up China mutual fund unit
SHANGHAI (Reuters) - Fidelity International has applied to set up a wholly owned mutual fund unit in China, an official filing showed on Tuesday. The company's application for qualification to establi...
May 19, 2020
Franco-German recovery grants idea a ‘historic step’: Le Maire
BRUSSELS (Reuters) - The Franco-German idea that the European Union should borrow to issue grants for its economic recovery is a historic step as it would be the first time that budget spending is fin...
May 19, 2020
German minister: Recovery Fund will strengthen EU
BERLIN (Reuters) - Germany's finance minister said on Tuesday that a 500 billion euro ($546.60 billion) Recovery Fund that Berlin and Paris have proposed would help Europe out of the crisis and streng...
May 19, 2020
Bank of Japan to hold emergency meeting Friday to decide on new loan scheme
TOKYO (Reuters) - The Bank of Japan said it will hold an emergency policy meeting on Friday to sign off on a new lending programme to help firms combat the fallout from the coronavirus crisis. The eme...
May 19, 2020
Abu Dhabi’s Etihad cuts hundreds of jobs: sources
By Aziz El Yaakoubi and Alexander Cornwell DUBAI (Reuters) - Abu Dhabi's Etihad Airways has laid off hundreds of employees this month, including cabin crew, after the coronavirus pandemic forced it to...
May 19, 2020
