Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China’s trade faces unprecedented challenges amid pandemic: commerce minister
BEIJING (Reuters) - Global demand has slumped significantly due to the coronavirus outbreak and trade faces unprecedented challenges, China's commerce minister said on Monday. Companies are having an ...
May 17, 2020
China home prices rise again in April, adding momentum to recovery
BEIJING (Reuters) - China's new home prices rose at a slightly faster pace in April, adding to signs that the country's property market is slowly recovering as coronavirus lockdowns are eased and the ...
May 17, 2020
Village Roadshow opens books to BGH Capital’s 40% lower offer
(Reuters) - Village Roadshow Ltd said on Monday it has allowed BGH Capital to conduct due diligence, saying the private equity firm has slashed its takeover offer by 40% and made the price conditional...
May 17, 2020
BGH, Bain, Indigo Partners, Cyrus Capital make Virgin Australia shortlist: source
By Scott Murdoch and Paulina Duran HONG KONG/SYDNEY (Reuters) - Virgin Australia Holdings Ltd's administrators have short-listed potential buyers BGH Capital, Bain Capital, Indigo Partners and Cyrus C...
May 17, 2020
Freeport cuts workforce at Grasberg mine as coronavirus cases in area rise
By Fathin Ungku and Wilda Asmarini SINGAPORE (Reuters) - Freeport-McMoRan Inc's Indonesian unit said it will operate the giant Grasberg mine with a "skeletal team" after a rise in coronavirus infectio...
May 17, 2020
GM instructs Mexican suppliers to prepare to resume operations
(Reuters) - The president of General Motors Co's Mexican unit advised suppliers to prepare to resume operations after the Mexican government said the automotive industry could exit the coronavirus loc...
May 17, 2020
Dollar holds firm on China tensions; negative rates talk sinks pound
By Tom Westbrook SINGAPORE (Reuters) - The dollar held its ground on Monday as concern about global tensions with China overshadowed improving sentiment from easing coronavirus lockdowns, while talk o...
May 17, 2020
Oil prices climb more than $1 ahead of WTI June contract expiry
By Florence Tan SINGAPORE (Reuters) - Oil prices jumped by more than $1 a barrel on Monday to their highest in more than a month, supported by ongoing output cuts and signs of gradual recovery in fuel...
May 17, 2020
New Zealand’s resident population tops 5 million
SYDNEY (Reuters) - New Zealand's resident population has climbed above 5 million, with the milestone to be the fastest million to be added in the country's history, according to data released by Stati...
May 17, 2020
Visitors to UK shops vanish during virus lockdown: survey
LONDON (Reuters) - The number of Britons visiting shops collapsed in April as the economy shut down to stem the spread of the coronavirus, a survey showed on Monday. The British Retail Consortium trad...
May 17, 2020
