Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Charging points surge ahead of electric car boom
By Christoph Steitz FRANKFURT (Reuters) - The number of publicly accessible charging points for electric vehicles (EV) jumped 60% in 2019, the biggest increase in three years and outpacing sales of ba...
Jun 15, 2020
H&M’s March-May sales tumble by less than expected 50%
STOCKHOLM (Reuters) - H&M , the world's second-biggest fashion retailer, on Monday reported a sharp but slightly smaller than expected drop in second-quarter sales as measures to slow the COVID-19 pan...
Jun 15, 2020
Dutch Tata Steel employees hold further strike actions
AMSTERDAM (Reuters) - Dutch Tata Steel employees held further strike actions on Monday to protest against job cuts planned as part of a broader restructuring, the FNV union said. A strike by workers o...
Jun 15, 2020
Intesa, BPER revise terms aiming to avert antitrust hurdles to UBI deal
MILAN (Reuters) - Italian bank Intesa Sanpaolo has increased the number of branches and amount of assets it will sell to rival BPER if its proposed takeover of UBI Banca goes through in an effort to o...
Jun 15, 2020
UK lawmakers urge Sunak to add 1 million workers to income schemes
LONDON (Reuters) - British finance minister Rishi Sunak must extend the government's already huge coronavirus income support measures to include over 1 million more workers who have missed out, lawmak...
Jun 15, 2020
Germany set to pay 42% more into EU budget in coming years: report
BERLIN (Reuters) - Germany would see its contribution to the European Union's budget rise by 42%, or 13 billion euros ($14.63 billion) annually, over the coming years, based on proposals from Brussels...
Jun 15, 2020
Recovery rally has further to run, so buy stocks: Morgan Stanley
SINGAPORE (Reuters) - Stock market gains have further to run and investors are still under-pricing the scale of the world's coronavirus recovery, investment bank Morgan Stanley said in an outlook note...
Jun 15, 2020
Exclusive: Mexico’s oil hedge to be pricier, but government likely doing it anyway
By Devika Krishna Kumar and Stefanie Eschenbacher NEW YORK/MEXICO CITY (Reuters) - Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely...
Jun 15, 2020
China’s factory output perks up but consumers stay cautious
By Gabriel Crossley and Kevin Yao BEIJING (Reuters) - China's factories stepped up production for a second straight month in May, as the country shook off the economic torpor of the coronavirus, altho...
Jun 14, 2020
Japan will resume fiscal reform once economy out of deflation: PM Abe
TOKYO (Reuters) - Japan will resume efforts to improve its fiscal health once the economy emerges from deflation and overcomes the hit from the coronavirus pandemic, Prime Minister Shinzo Abe said on ...
Jun 14, 2020
