Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
From zero to hero: physical oil rally might be short-lived
By Julia Payne and Olga Yagova LONDON/MOSCOW (Reuters) - From Kazakhstan to the North Sea and the United States, physical crude has jumped in value in recent days but the rally will likely be tactical...
May 07, 2020
LG Chem says India factory gas leak under control, investigating cause
SEOUL (Reuters) - South Korea's LG Chem said a gas leak at its plant in southern India had been brought under control, after an incident on Thursday that police estimate killed at least nine people an...
May 07, 2020
Spain’s Telefonica to merge British unit O2 with Virgin Media
(Reuters) - Liberty Global has agreed to merge its Virgin Media cable company with the O2 mobile business owned by Spain's Telefonica to create a major new force in the British telecoms market. The co...
May 07, 2020
Fair company MCH scraps Baselworld watch exhibition in 2021
ZURICH (Reuters) - MCH Group has canceled its Baselworld watch exhibition in 2021, the trade exhibition company said on Thursday, a further blow for the event that was once one of the watch industry's...
May 07, 2020
Air France-KLM loss gives first taste of coronavirus impact
PARIS (Reuters) - Two weeks of coronavirus shutdown were enough to hit Air France-KLM with an 815 million-euro ($880 million) first-quarter operating loss, the airline group said on Thursday - predict...
May 07, 2020
U.S. unemployment rolls seen swelling as coronavirus restrictions bite
By Lucia Mutikani WASHINGTON (Reuters) - Millions more Americans likely sought unemployment benefits last week, suggesting a broadening of layoffs from consumer facing industries to other segments of ...
May 07, 2020
Samsung heir’s apology fans skepticism as watchdog panel meets
By Hyunjoo Jin SEOUL (Reuters) - Samsung Group heir Jay Y. Lee's vow to end dynastic succession at South Korea's biggest conglomerate following three generations of Lee family control sparked skeptici...
May 06, 2020
BOJ’s commercial paper holdings jump nearly 30% as pandemic pain deepens
By Leika Kihara TOKYO (Reuters) - The Bank of Japan's holdings of commercial paper jumped nearly 30% in April, data showed on Thursday, a sign the central bank intervened heavily in the market to help...
May 06, 2020
China’s exports unexpectedly rise even as coronavirus batters global demand
By Stella Qiu and Ryan Woo BEIJING (Reuters) - China's exports unexpectedly rose in April for the first time this year, taking some pressure off manufacturers in the world's second-largest economy aft...
May 06, 2020
Philippines economy unexpectedly shrinks in first quarter as virus hits demand
By Neil Jerome Morales and Karen Lema MANILA (Reuters) - The Philippines' economic growth unexpectedly shrank in the first quarter as the coronavirus pandemic brought domestic consumption and business...
May 06, 2020
