Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Norway approves new law that could help rescue Norwegian Air
By Victoria Klesty OSLO (Reuters) - Norway's parliament voted through a new company restructuring law on Friday that could help save Norwegian Air and many other companies from potential bankruptcy as...
Apr 24, 2020
IKEA says visitors returning fast to reopened shopping centres in China and Germany
STOCKHOLM (Reuters) - Furniture brand IKEA's main retail vehicle said on Friday shoppers were returning quickly to its shopping centres after it reopened three in China last week, and one in Germany t...
Apr 24, 2020
U.S. core capital goods orders unexpectedly rise in March
New orders for key U.S.-made capital goods unexpectedly rose in March, but the gains are not likely to be sustainable amid the novel coronavirus outbreak, which has abruptly shut down the economy and ...
Apr 24, 2020
Indecisive EU to force ECB into more emergency action
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - After another disappointing EU summit, the European Central Bank finds itself in a familiar position as the leading saviour of the euro, on...
Apr 24, 2020
UK government considering relaxing power backup scheme rules
LONDON (Reuters) - The British government has launched a consultation on relaxing certain obligations under its capacity market scheme which pays utilities to provide back-up electricity, in response ...
Apr 24, 2020
Brazil industrial confidence crashes to record low in April: FGV
BRASILIA (Reuters) - Brazilian industrial confidence crashed to its lowest level on record in April, a survey showed on Friday, as the lockdowns and sudden halt to swathes of activity lashed Latin Ame...
Apr 24, 2020
German engineering union says 77% of firms are in crisis mode or shut
BERLIN (Reuters) - German engineering union IG Metall said on Friday that 77% of firms it represents were in crisis or completely shut down - 10 percentage points more than in a survey it published be...
Apr 24, 2020
UBS ups estimates for COVID-19 insured losses to $30-60 billion
LONDON (Reuters) - Swiss bank UBS raised its estimates for COVID-19 insured losses to $30-60 billion from $20-40 billion on Friday, citing increasing uncertainty about non-U.S. business interruption c...
Apr 24, 2020
Britain has set tight deadline, not moving in talks: EU’s Barnier
BRUSSELS (Reuters) - The clock is ticking even more than before in talks on the future relationship between Britain and the European Union, but Britain is failing to move despite setting a tight timet...
Apr 24, 2020
Singtel secures $3 billion in bank credit for subsidiaries
SINGAPORE (Reuters) - Singapore Telecommunications' (Singtel) subsidiaries have secured close to $3 billion in bank credit facilities, it said on Friday. The deals include S$3.45 billion ($2.4 billion...
Apr 24, 2020
