Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. landlords, retailers play hardball as mall rent collections plunge
By Uday Sampath Kumar and Medha Singh (Reuters) - Tapestry Inc Chief Executive Officer Jide Zeitlin has been negotiating lower rents for the company's Coach and Kate Spade stores for more than a month...
May 11, 2020
Australia expects China to keep barley, COVID-19 issues separate
By Colin Packham SYDNEY (Reuters) - Australian Prime Minister Scott Morrison said on Monday he expects Beijing to keep its judgment on whether Australia dumped barley into China separate from protests...
May 10, 2020
South Korea’s May 1-10 exports dive as coronavirus wipes out global demand
SEOUL (Reuters) - South Korean exports and imports suffered a precipitous decline in the first 10 days of May, underlining a bleak outlook for Asia's fourth largest economy and international trade as ...
May 10, 2020
Chinese investment in U.S. drops, pandemic to weigh on this year’s bilateral flows: report
BEIJING (Reuters) - Chinese direct investment in the United States dropped to the lowest level since 2009 last year amid bilateral tensions, and the COVID-19 pandemic will continue to weigh on investm...
May 10, 2020
For central banks, hope for precision fades amid pandemic uncertainty
By Howard Schneider and Leika Kihara WASHINGTON/TOKYO (Reuters) - Central bankers who have spent a generation researching how their words influence the economy and honing the craft of "forward guidanc...
May 10, 2020
Tesla China sold 3,635 Model 3 vehicles in April, down 64% vs March: CPCA
BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc sold 3,635 Shanghai-made Model 3 vehicles in China in April, down 64% from March, according to the China Passenger Car Association (CPCA). Tes...
May 10, 2020
Vietnam’s growth to slow to 2.7% this year but rise to 7% in 2021: IMF
HANOI (Reuters) - Vietnam's economic growth is seen slowing down to 2.7% this year due to the coronavirus pandemic, but may pick up to 7% next year, the International Monetary Fund (IMF) said on Monda...
May 10, 2020
China cut interest rates for standing lending facility loans in April
SHANGHAI (Reuters) - China's central bank said it lowered interest rates on its standing lending facility (SLF) in April, catching up with similar reductions in other liquidity tools as part of Beijin...
May 10, 2020
Indian start-ups get creative as coronavirus crisis fuels funding crunch
By Nivedita Bhattacharjee and Sachin Ravikumar BENGALURU (Reuters) - Samik Sarkar was managing to eke a profit out of his online apparel store before the coronavirus crisis hit India, forcing the 36-y...
May 10, 2020
China’s April passenger car retail sales down 5.6% year-on-year: industry body
BEIJING (Reuters) - China's passenger car retail sales in April fell 5.6% from a year earlier to 1.43 million, the China Passenger Car Association said on Monday, as the country gradually recovers fro...
May 10, 2020
