Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK economy still shrinking but pace of decline eases: PMI
LONDON (Reuters) - Britain's economy remained in a severe downturn in May although the pace of the slump moderated from April's crash and some companies benefited from the easing of coronavirus lockdo...
Jun 03, 2020
Some global firms consider moving treasury operations out of Hong Kong: sources
By Sumeet Chatterjee HONG KONG (Reuters) - Some global companies are considering shifting some of their treasury operations out of Hong Kong as the United States moves to end the city's privileges, se...
Jun 03, 2020
Poland may fine Gazprom over Nord Stream 2 pipeline case
WARSAW (Reuters) - Poland's UOKiK watchdog may fine Russian gas producer Gazprom up to 50 million euros ($56 million) due to a lack of cooperation in anti-monopoly proceedings related to the Nord Stre...
Jun 03, 2020
Geely’s Volvo Cars sales soar 40% in May vs month-ago as virus curbs ease
STOCKHOLM (Reuters) - Volvo Cars, owned by China's Geely Holding, said on Wednesday it sold 40% more cars in May than in April, as restrictions to contain the spread of the COVID-19 pandemic started t...
Jun 03, 2020
SMBC Aviation Capital defers 68 Boeing 737 MAX jets to 2025-27
DUBLIN (Reuters) - Aircraft leasing firm SMBC Aviation Capital has deferred the delivery of 68 of Boeing's grounded 737 MAX jet until 2025-2027, it said in its annual results on Tuesday. Dublin-based ...
Jun 03, 2020
Nomura considers having fewer staff at headquarters permanently
By Takashi Umekawa and Takaya Yamaguchi TOKYO (Reuters) - Nomura Holdings Inc is considering having fewer staff work at its Tokyo headquarters permanently now that the coronavirus pandemic has spurred...
Jun 03, 2020
Euro zone deep downturn eased in May, growth some way off: PMI
LONDON (Reuters) - Euro zone businesses suffered another devastating contraction in activity in May and while there are signs the worst is over, it could be months before there is a return to growth, ...
Jun 03, 2020
U.S. senator Cotton cautions Britain over Huawei cooperation
LONDON (Reuters) - U.S. Republican Senator Tom Cotton cautioned Britain on Wednesday that a decision to allow China's Huawei a role in 5G networks could hurt military cooperation and be an issue in tr...
Jun 03, 2020
Germany’s services sector activity improves in May, outlook still bleak: PMI
BERLIN (Reuters) - Activity in Germany's services sector declined at a slower pace in May after a record contraction the previous month as restrictions to contain the coronavirus were lifted, a survey...
Jun 03, 2020
French service activity pulls back from the brink in May: PMI
PARIS (Reuters) - French service sector activity improved more than initially thought in May as the country began emerging from a nationwide coronavirus lockdown, although it remained at depressed lev...
Jun 03, 2020
