Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China faces increasing downward pressure on foreign trade this year: commerce ministry
BEIJING (Reuters) - China faces increasing downward pressure on foreign trade this year due to the huge shock the coronavirus pandemic has caused to the world economy and global supply chains, the com...
May 14, 2020
European shares drop as Powell fans recovery fears
(Reuters) - European shares retreated on Thursday as comments from U.S. officials fanned concerns of a prolonged economic downturn due to the coronavirus outbreak, while investors eyed the prospect of...
May 14, 2020
As Japan slow-walks stimulus, small businesses fear collapse
By Junko Fujita TOKYO (Reuters) - For Japan's shell-shocked small businesses, a promised $1.1 trillion in stimulus is proving too little, too late, raising the likelihood of a surge in bankruptcies at...
May 14, 2020
China unicorn creation falls to six-year low as investors play it safe
By Kane Wu HONG KONG (Reuters) - China's rate of creating unicorns has dropped to a six-year low as venture capital funds shy away from early-stage funding while the economic impact of the coronavirus...
May 14, 2020
Japan to weigh proposals to support rent, jobs in next extra budget
TOKYO (Reuters) - Japan wants to swiftly consider proposals from the ruling coalition to include support for rent, employment, students and the provinces in its next extra budget, Economy Minister Yas...
May 14, 2020
India’s investment policy upsets Xiaomi, Oppo’s consumer finance plans
By Aditya Kalra and Nupur Anand NEW DELHI/MUMBAI (Reuters) - Tougher scrutiny of foreign investment in India has soured the plans of China's smartphone manufacturers seeking to expand beyond selling h...
May 14, 2020
Japan’s Abe aims to compile second supplementary budget: Kyodo
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Thursday he will aim to pass a second supplementary budget at the current parliament session to fund steps for combating the fallout from t...
May 14, 2020
Finland to grant almost one billion euros in support to companies
HELSINKI (Reuters) - Finland's government will grant crisis support worth nearly a billion euros to companies hit by the economic blow from the coronavirus outbreak, Minister of Economic Affairs Mika ...
May 14, 2020
Clariant sticks to extra $1 billion payout, scrubs dividend in crisis
ZURICH (Reuters) - Clariant is scrapping a regular dividend as it hunkers down to survive the COVID-19 crisis, the Swiss specialty chemicals maker said on Thursday, while still planning a special $1 b...
May 14, 2020
Lloyd’s of London to pay up to $4.3 billion in coronavirus claims
By Carolyn Cohn LONDON (Reuters) - Lloyd's of London is likely to pay out $3.0-4.3 billion in claims related to the coronavirus pandemic and underwriting and investment losses for the global non-life ...
May 14, 2020
