Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Prague aims gets a grip on Airbnb with coronavirus crisis laws
PRAGUE (Reuters) - Officials in Prague are using the coronavirus crisis to get a firmer grip on short-term rentals like Airbnb, which they say have squeezed locals out of the Czech capital's centre. U...
Apr 09, 2020
Small caps rally but risks loom as coronavirus batters economy
By Sinad Carew and Chuck Mikolajczak (Reuters) - Some investors are casting a wary eye on a recent rally in small-cap stocks, highlighting the struggles many expect smaller companies to face as the no...
Apr 09, 2020
UniCredit renews commitment to boosting shareholder returns: chairman
MILAN (Reuters) - UniCredit remains strongly committed to increasing returns for investors in Italy's biggest bank, its chairman said, following a decision to suspend dividend payments and a share buy...
Apr 09, 2020
May is crunch time for U.S. auto suppliers amid coronavirus shutdown
By Nick Carey and Ben Klayman DETROIT (Reuters) - Auto parts maker Kevin Clay landed a series of new contracts from customers early this year, and was bullish on 2020 after two challenging years. "I h...
Apr 09, 2020
Exclusive: Wall Street firm dangled up to 175% returns to investors using U.S. aid programs
By Lawrence Delevingne BOSTON (Reuters) - A New York investment firm pitched wealthy investors in recent days on a way to make returns of 22% to 175% using U.S. government programs designed to help Am...
Apr 09, 2020
Tesla’s China sales hit record high in March: industry association
BEIJING (Reuters) - Tesla Inc sold 10,160 vehicles in China in March, its highest ever monthly sales in the world's largest auto market, the China Passenger Car Association (CPCA) said on Thursday. Te...
Apr 09, 2020
European companies ditch dividends to save cash
(Reuters) - European companies are scrapping dividends to maintain cash and comply with regulations in response to the financial havoc caused by the spread of the new coronavirus. Companies have been ...
Apr 09, 2020
Dubai tells government agencies to slash spending, freeze hiring over coronavirus
DUBAI (Reuters) - Dubai's department of finance has told all government agencies to slash capital expenditure by at least half, cut administrative and general expenses by at least 20% and halt new hir...
Apr 09, 2020
UBS CEO: executives to contribute half of fixed salaries to virus fight
ZURICH (Reuters) - UBS senior executives will contribute 50% of their fixed salaries over the next six months to efforts to fight the new coronavirus epidemic, Chief Executive Sergio Ermotti said on B...
Apr 09, 2020
Coronavirus lockdown drives jump in vodka and whisky sales in Russia
By Anton Zverev and Olga Popova MOSCOW (Reuters) - Russian retailers have seen a sharp spike in alcohol sales in recent weeks, with consumers rushing to buy vodka, whisky and beer at a time when Mosco...
Apr 09, 2020
