Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Egypt sees growth slowing to 2% in 2020-21 if coronavirus continues to December: minister
CAIRO (Reuters) - Egypt was expecting growth of 3.5% in the fiscal year 2020-21 which starts in July, but growth could slow to 2% if the coronavirus crisis continues to December, Planning Minister Hal...
May 03, 2020
Thyssenkrupp sees coronavirus cash squeeze despite elevator sale: letter
By Tom Kckenhoff DUESSELDORF, Germany (Reuters) - Germany's Thyssenkrupp expects the coronavirus crisis to cause a new financial squeeze, scuppering hopes that selling its elevator business would deli...
May 03, 2020
Israel’s Delek fourth-quarter loss widens, auditors place ‘going concern’ warning
TEL AVIV (Reuters) - Israeli conglomerate Delek Group reported a wider loss in the fourth quarter and its auditors placed a "going concern" warning on the company due to the impact from the coronaviru...
May 03, 2020
Intel in talks to buy Israel’s Moovit public transit app for $1 billion: media
TEL AVIV (Reuters) - Chipmaker Intel Corp is in advanced talks to acquire Israeli public transit app developer Moovit for $1 billion, financial news website Calcalist reported on Sunday. Moovit has ra...
May 03, 2020
South Africa deputy finance minister urges central bank to print money to fund government: report
JOHANNESBURG (Reuters) - South Africa's finance deputy minister was quoted in a leading newspaper on Sunday as urging the central bank to temporarily create money to fund the government response to th...
May 03, 2020
UAE’s ADNOC restarts Ruwais oil refinery after maintenance
DUBAI (Reuters) - Abu Dhabi National Oil Company (ADNOC) has begun a gradual restart of its Ruwais oil refinery complex after a scheduled maintenance shutdown, a company spokesman said on Sunday. The ...
May 03, 2020
Wizz Air’s Abu Dhabi joint venture to start flights this year
DUBAI (Reuters) - Wizz Air's planned Abu Dhabi-based joint venture carrier is expected to start flying this year, the European budget airline said in a statement on Sunday. The joint venture with Abu ...
May 03, 2020
Singapore minister says RCEP trade deal on track for year-end signing
SINGAPORE (Reuters) - The Regional Comprehensive Economic Partnership (RCEP) trade deal is still on track to be signed by the end of 2020, Singapore's Minister of Trade and Industry Chan Chun Sing sai...
May 03, 2020
Roche gets FDA emergency use approval for COVID-19 antibody test
(Reuters) - Roche Holding AG received emergency use approval from the U.S. Food and Drug Administration for an antibody test to help determine if people have ever been infected with the coronavirus, t...
May 02, 2020
Ashford Group to return $59 million U.S. payroll loan
(Reuters) - Ashford Group of companies will return $58.7 million provided by the Small Business Administration's (SBA) Paycheck Protection Program (PPP), the company said in a statement on Saturday. T...
May 02, 2020
