Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Indonesia trying to avert recession due to virus outbreak: finance minister
JAKARTA (Reuters) - Indonesian authorities are making efforts to prevent an economic recession due to the coronavirus outbreak, but their worst case scenario is for contraction in two consecutive quar...
Apr 14, 2020
UK new welfare benefit claims soar to 1.4 million, minister says
LONDON (Reuters) - Britain has received about 1.4 million new benefit claims for welfare payments as the coronavirus lockdown stalls swathes of the economy. "It's now up to about 1.4 million," British...
Apr 14, 2020
UK’s Heathrow Airport sees passenger demand down by 90% in April
LONDON (Reuters) - Heathrow Airport, traditionally the busiest in Europe, forecast that passenger demand would plunge by over 90% in April, as coronavirus restrictions stop most people from travelling...
Apr 14, 2020
EU could finance 1.5 trillion euro recovery fund with bonds: Dombrovskis
BERLIN (Reuters) - The European Union could finance a recovery fund worth up to 1.5 trillion euros ($1.64 trillion) with bonds guaranteed by member states, European Commission Vice President Valdis Do...
Apr 14, 2020
Car parts group Valeo drops 2020 targets, gets 1 billion euros of new credit lines
PARIS (Reuters) - French car parts group Valeo abandoned its 2020 financial targets on Tuesday because of the hit to its business from the coronavirus outbreak, although it got 1 billion euros ($1.1 b...
Apr 14, 2020
British clothing retailer Next to reopen online business
LONDON (Reuters) - British clothing retailer Next said on Tuesday it would reopen its online business having implemented "very extensive" additional safety measures to cope with the coronavirus emerge...
Apr 14, 2020
Administrators of NMC Health revamp company’s board
DUBAI (Reuters) - The administrators of troubled hospital operator NMC Health have announced a new board for the London-listed company that brings in four new non-executive directors with internationa...
Apr 14, 2020
Exclusive: BOJ considering steps to ease funding strains in April – sources
TOKYO (Reuters) - The Bank of Japan will discuss taking further steps to ease corporate funding strains at this month's rate review to pump more money to small firms grappling with slumping sales due ...
Apr 14, 2020
Renault sells its stake in Chinese joint venture to partner Dongfeng Motor
PARIS (Reuters) - French carmaker Renault said on Tuesday it was selling out of its stake in a Chinese joint venture with Dongfeng Motor Corporation to Dongfeng, which Renault said would help it maxim...
Apr 14, 2020
Julius Baer to postpone AGM, propose split dividend
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Swiss wealth manager Julius Baer will propose splitting its 2019 dividend payment into two halves following a regulatory request, it said on Tuesday, postp...
Apr 14, 2020
