Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fiat, PSA $50 billion merger faces lengthy EU antitrust probe: sources
BRUSSELS (Reuters) - Fiat Chrysler and Peugeot maker PSA face a lengthy EU antitrust investigation after they declined to offer concessions in a bid to allay EU antitrust concerns about their planned ...
Jun 10, 2020
PSA’s UK Vauxhall car factory to resume output after September 1
LONDON (Reuters) - Peugeot-maker PSA's Vauxhall car factory in Britain, which stopped production in March due to the coronavirus outbreak, will not resume production until after Sept. 1, the company s...
Jun 10, 2020
Mexico central bank says economic, financial outlook worsens, now more uncertain
MEXICO CITY (Reuters) - The outlook for the economy and Mexico's financial system have worsened and become more uncertain, the Mexican central bank said on Wednesday. The Bank of Mexico made the asses...
Jun 10, 2020
Column: Central banks can’t back off now – Mike Dolan
By Mike Dolan LONDON (Reuters) - Having inflated balance sheets once again to keep a lid on long-term borrowing costs during the pandemic, central banks now face a conundrum over how to keep the steep...
Jun 10, 2020
U.S. May deficit nearly doubles to $399 billion
WASHINGTON (Reuters) - The U.S. federal budget deficit in May nearly doubled to $399 billion from a year earlier amid continued strong spending on coronavirus relief programs and a 25% drop in receipt...
Jun 10, 2020
U.S. to probe if plywood imports from Vietnam circumvent duties on Chinese goods
WASHINGTON (Reuters) - The U.S. Commerce Department on Wednesday said it would examine whether hardwood plywood imports completed in Vietnam using Chinese components are circumventing U.S. duties on i...
Jun 10, 2020
Mexican same-store retail sales fall 19% in May: ANTAD
MEXICO CITY (Reuters) - The members of Mexican retailers' association ANTAD said on Wednesday that same-store sales tumbled by 19.0% in May compared with the same month a year earlier, as the impact o...
Jun 10, 2020
U.S. economy has hit turning point: White House’s Kudlow
WASHINGTON (Reuters) - White House Economic Adviser Larry Kudlow said on Wednesday it appears that the U.S. economy, plunged rapidly into a recession by the coronavirus pandemic about three months ago...
Jun 10, 2020
Inditex invests in technology to merge online with in-store shopping
MADRID (Reuters) - Zara owner Inditex unveiled a 2.7 billion euro ($3 billion) investment in technology on Wednesday to make it easier for customers to track the items they want, blurring the lines be...
Jun 10, 2020
French man chains himself outside insurer’s HQ in coronavirus payout protest
POITIERS, France (Reuters) - The French owner of a wedding planning business has chained himself up in the parking lot of his insurance company in Poitiers in western France, to protest his insurer's ...
Jun 10, 2020
