Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
No decision yet on state aid for Germany’s Lufthansa: minister
BERLIN (Reuters) - Berlin will decide on state support for Lufthansa once the country's largest airline applies for aid and all facts are on the table, the German Economy Minister said on Monday. "We ...
Apr 27, 2020
A battle far from over: Five questions for the ECB
By Dhara Ranasinghe, Yoruk Bahceli and Ritvik Carvalho LONDON (Reuters) - The European Central Bank meets on Thursday, the ink barely dry on its emergency bond-buying scheme, and markets are already a...
Apr 27, 2020
Bayer more stringent in glyphosate settlement talks due to downturn
FRANKFURT (Reuters) - German drugs and pesticides company Bayer said the economic downturn due to the coronavirus has prompted it to take a tougher stance in talks to settle claims its glyphosate-base...
Apr 27, 2020
Adidas expects sales to fall at least 40% in second quarter
BERLIN (Reuters) - German sportswear firm Adidas expects to take a bigger hit from the coronavirus lockdowns in the second quarter, predicting that sales will fall more than 40% after it reported a de...
Apr 27, 2020
U.S. Treasury currency report on trade partners delayed, Taiwan central bank sources say
By Liang-sa Loh TAIPEI (Reuters) - The U.S. Treasury's latest semi-annual report on trade practices of its major trading partners which was due this month has been delayed due to the coronavirus pande...
Apr 27, 2020
Taper Tantrum II? Fed’s slowing Treasury purchases may boost bond yields
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The Federal Reserve's gradual withdrawal from the U.S. Treasury market as the coronavirus pandemic eases and liquidity improves could dry up appetite f...
Apr 27, 2020
U.S. firm, FAW to build sports cars under Chairman Mao’s favoured brand Hongqi
BEIJING (Reuters) - A little-known U.S.-based engineering and design firm said it plans to invest 10 billion yuan ($1.41 billion) to make sports cars with China's FAW Group under the brand of choice o...
Apr 26, 2020
Australia’s NAB taps investors for $2.2 billion as coronavirus halves profit
By Byron Kaye and Paulina Duran SYDNEY (Reuters) - National Australia Bank Ltd , the country's No.3 lender, asked investors for A$3.5 billion ($2.2 billion) and slashed its dividend on Monday as its f...
Apr 26, 2020
Many U.S. businesses unlikely to seek government aid: NABE survey
WASHINGTON (Reuters) - A majority of U.S. companies expect to stay afloat for more than six months without government assistance, according to a survey on Monday, even though the novel coronavirus out...
Apr 26, 2020
U.S. Democrats urge paycheck scheme coverage for community, minority lenders
(Reuters) - Top Democrats have urged the U.S. Treasury Department and the Small Business Administration (SBA) to expand opportunities for community development financial institutions (CDFIs) and minor...
Apr 26, 2020
