Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Devik Jain (Reuters) - U.S. stock index futures rose on Friday with S&P 500 futures hitting a three-month high, as investors focused on tentative signs of a post-coronavirus economic rebound ahead ...

LONDON (Reuters) - Tim Davie was appointed the new head of the BBC on Friday, tasked with securing the future direction and financing of the publicly funded British broadcaster in the wake of governme...

(Reuters) - Canadian business jet maker Bombardier Inc said on Friday it would reduce its aviation unit workforce by about 2,500 employees, as the COVID-19 pandemic hurts sales. "Now with business jet...

BERLIN (Reuters) - German car maker Volkswagen AG said on Friday that it had added two members to the executive committee of its supervisory board. The new members are Hans Michel Piech, who is indire...

FRANKFURT/HONG KONG (Reuters) - Allianz is in talks with Chinese regulators for a licence as the German insurer looks to eventually offer broad asset management services in the world's second-largest ...

LONDON (Reuters) - European stocks are likely to rise another 10% by the end of September as the re-opening of economies after virus lockdowns is likely to lead to a significant pick-up in business ac...

SINGAPORE (Reuters) - Singapore's finance minister said its unemployment rate could rise to a record of over 100,000 in 2020 due to fallout from the COVID-19 pandemic. Singapore's highest annual avera...

LONDON (Reuters) - British Airways parent company IAG said it is considering launching a legal challenge against the UK government's 14-day quarantine rule for incoming travellers. Willie Walsh, the c...

KUALA LUMPUR (Reuters) - Malaysia's prime minister unveiled an additional economic stimulus package worth 35 billion ringgit ($8.22 billion) on Friday in a bid to revitalise industries badly hit by th...

FRANKFURT (Reuters) - The European Central Bank still needs to underpin "fragile" financial markets despite a substantial rebound since March, the ECB's chief economist Philip Lane said on Friday, a d...