Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Britain’s Next expands beauty business with former Debenhams stores
LONDON (Reuters) - British clothing retailer Next said on Thursday it will expand its beauty business by taking on five former Debenhams beauty departments and rebranding them as "The Beauty Hall from...
May 07, 2020
Bottler Coca Cola HBC’s April sales lose fizz as lockdowns weigh
(Reuters) - Soft drinks bottler Coca Cola HBC AG on Thursday said sales in April fell by more than a third as fast-food chains, theatres and other public arenas stayed shut to limit the spread of the ...
May 07, 2020
British banks can withstand pandemic fallout on economy: BoE
LONDON (Reuters) - A "desk top" stress test has shown that top banks and building societies could keep lending to an economy hit by anticipated fallout from the coronavirus pandemic, the Bank of Engla...
May 07, 2020
China’s April trade surplus with U.S. widens to $22.87 billion
BEIJING (Reuters) - China's trade surplus with the United States stood at $22.87 billion in April, Reuters calculation based on Chinese customs data showed on Thursday. That was much bigger than a sur...
May 07, 2020
IAG says CEO Willie Walsh to stay until September
LONDON (Reuters) - British Airways-owner IAG said CEO Willie Walsh would stay on until 24 September, and that flights could return to service in July. The coronavirus pandemic has halted most flights,...
May 07, 2020
Rolls-Royce furloughs over 4,000 staff in UK amid pandemic
(Reuters) - British aero-engine maker Rolls-Royce said on Thursday it placed over 4,000 staff on furlough in the UK as it combats the impact of the COVID-19 pandemic on its business. (Reporting by Yad...
May 07, 2020
BT pulls dividend until 2021/22
LONDON (Reuters) - Britain's biggest telecoms group BT has suspended its dividend until 2021/22 and pulled its financial outlook in response to the COVID-19 pandemic. "Of course, Covid-19 is affecting...
May 07, 2020
Norwegian Air’s April passenger count drops 99% year-on-year
OSLO (Reuters) - Norwegian Air's passenger volume fell by 98.7% in April from a year ago as most of its fleet was grounded amid travel restrictions caused by the novel coronavirus pandemic, the budget...
May 07, 2020
Coronavirus sinks German industry output to record low in March
BERLIN (Reuters) - German industry output plunged 9.2% in March to its lowest level since records began in 1991, data showed on Thursday, as the coronavirus pandemic slashed demand for goods from Euro...
May 07, 2020
Russian services sector activity dives to record low in April: PMI
MOSCOW (Reuters) - Russian services sector activity dived to a record low in April as emergency restrictions to limit the impact of the coronavirus pandemic closed businesses and caused demand to plum...
May 07, 2020
