Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Spirits maker Diageo to raise $2.5 billion from debt offering
(Reuters) - Diageo , the world's largest spirits maker, launched a $2.5 billion bond offering on Tuesday, weeks after suspending its share buyback programme in response to the coronavirus crisis. The ...
Apr 28, 2020
German minister eyes gastronomy rescue fund if lockdown very long
BERLIN (Reuters) - Germany is ready to offer further financial aid to companies if necessary due to the coronavirus and a fund for the gastronomy sector may be needed if the lockdown lasts longer than...
Apr 28, 2020
Nissan slashes full-year results forecast, sees operating loss
TOKYO (Reuters) - Nissan Motor Co on Tuesday said it expected to post an operating loss for the year that ended in March, as an ongoing decline in sales is exacerbated by the coronavirus outbreak. In ...
Apr 28, 2020
China’s April factory activity seen expanding as lockdowns ease: Reuters poll
BEIJING (Reuters) - China's factory activity likely rose for a second straight month in April as more businesses re-opened from strict lockdowns implemented to contain the coronavirus outbreak, which ...
Apr 28, 2020
Airline SAS to cut up to 5,000 jobs due to pandemic
STOCKHOLM (Reuters) - Scandinavian airline SAS said on Tuesday it would reduce its workforce by up to 5,000 full-time positions, due to the COVID-19 pandemic and its impact on air travel. Given the cu...
Apr 28, 2020
Thailand shelves Asia-Pacific trade pact membership decision amid growing opposition
BANGKOK (Reuters) - Thailand's cabinet will not consider on Tuesday whether Thailand will seek membership of an Asia-Pacific trade agreement, which could boost its economy hit by the coronavirus pande...
Apr 28, 2020
Bayer faces second investor reckoning over glyphosate litigation
FRANKFURT (Reuters) - Bayer on Tuesday faces its second annual investor reckoning over its handling of a wave of U.S. lawsuits claiming its glyphosate-based weedkillers cause cancer. Criticism from in...
Apr 28, 2020
Japan to amend first-quarter GDP calculation method to better reflect coronavirus impact
TOKYO (Reuters) - Japan's government said on Tuesday it will change the way it compiles preliminary gross domestic product (GDP) data for the January to March period to better reflect the impact of th...
Apr 28, 2020
Novartis sales, profit rise amid coronavirus as drugmaker confirms 2020 outlook
ZURICH (Reuters) - Swiss drugmaker Novartis boosted first-quarter sales and profit and confirmed its 2020 targets as its generics unit's sales were lifted during the coronavirus epidemic without disru...
Apr 28, 2020
German government agrees rescue package worth 9 billion euros for Lufthansa: Business insider
BERLIN (Reuters) - The German government has agreed to help airline Lufthansa with a rescue package worth around 9 billion euros ($9.74 billion) in return for a blocking minority and one or two superv...
Apr 28, 2020
