Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
GSK sells $3.35 billion stake in Hindustan Unilever
By Scott Murdoch and Anshuman Daga HONG KONG/SINGAPORE (Reuters) - GlaxoSmithKline said on Thursday it sold its stake in Unilever's Indian business for $3.35 billion, which Refinitiv says is the large...
May 07, 2020
European stocks lifted by surprise rise in Chinese exports
By Sruthi Shankar (Reuters) - European shares rose on Thursday as a surprise rise in China's exports overshadowed another set of grim results and a warning from Air France-KLM that demand could take "...
May 07, 2020
Pictet sees more market turbulence ahead, cautious on stocks
LONDON (Reuters) - Pictet Asset Management said on Thursday it remained cautious on equities as more turbulence in markets was likely given the possibility of a second wave of infections from the coro...
May 07, 2020
Turkish lira falls to record low against U.S. dollar
ISTANBUL (Reuters) - Turkey's lira fell to a record low against the U.S. dollar on Thursday after traders interpreted comments from a Federal Reserve policy maker as ruling out a Fed swap line to cush...
May 07, 2020
Thai business groups see GDP contracting 3%-5% this year
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) - Thailand's economy may shrink 3%-5% this year, sharply down from growth of 1.5%-2.0% projected in March, as the coronavirus pandemic hi...
May 07, 2020
Swiss government sees jobless payouts tripling as coronavirus hits economy
By John Revill and John Miller ZURICH (Reuters) - The Swiss government expects the cost of jobless benefits and short-time working compensation arising from the coronavirus crisis to jump to some 20 b...
May 07, 2020
World food prices fall sharply in April because of coronavirus: U.N.
ROME (Reuters) - World food prices fell for a third consecutive month in April, hit by the economic and logistical impact of the coronavirus pandemic, the United Nations food agency said on Thursday. ...
May 07, 2020
Media giant Vivendi raises stake in Lagardere to 13.36%
PARIS (Reuters) - French media conglomerate Vivendi has increased its stake in Lagardere to 13.36% from 10.6%, an AMF regulatory filing published on Thursday showed. Vivendi in the filing said it had ...
May 07, 2020
Climate activists spray ‘fake oil’ onto Barclays HQ in London’s Canary Wharf
LONDON (Reuters) - Climate activists from the Extinction Rebellion group sprayed "fake oil" onto the Barclays headquarters in London's Canary Wharf on Thursday, calling on the bank to divest from foss...
May 07, 2020
China to give foreign firms equal access to govt support policies: commerce ministry
BEIJING (Reuters) - China will ensure foreign firms have equal access to government support policies, including those on land and tax cuts, the commerce ministry said on Thursday. The Ministry made th...
May 07, 2020
