Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
France, Germany in standoff with Silicon Valley on contact tracing
By Mathieu Rosemain and Douglas Busvine PARIS/BERLIN (Reuters) - A standoff between the two largest nations in the European Union and Silicon Valley escalated on Friday as Apple and Google rebuffed de...
Apr 24, 2020
U.S. retailers offer purses, shoes ‘to go’ as restrictions ease
By Melissa Fares NEW YORK (Reuters) - Several staffers at major retail chains, including J.C. Penney Co Inc and Saks Fifth Avenue, reported for duty at some Texas-based stores on Friday, selling merch...
Apr 24, 2020
Factbox: What U.S. states are doing for their oil industries
(Reuters) - Numerous U.S. states are considering aid for their ailing oil industry, as jobs are disappearing fast and companies have been declaring bankruptcy due to a 30% drop in fuel demand due to t...
Apr 24, 2020
ECB begins reluctant journey into junk debt
By Tommy Wilkes LONDON (Reuters) - European markets are hoping the ECB, again facing the task of rescuing the euro zone, will soon add junk-rated company debt to its stimulus programmes, but some inve...
Apr 24, 2020
Lufthansa CEO sees smaller fleet and reduced staff after crisis
FRANKFURT (Reuters) - Lufthansa expects it will operate 100 fewer aircraft with 10,000 fewer staff after the coronavirus crisis ends, its chief executive Carsten Spohr told employees on Friday. Spohr ...
Apr 24, 2020
Ireland should consider forcing Google, Facebook to pay media for content: PM
DUBLIN (Reuters) - The Irish government should consider copying Australia's plan to force Facebook Inc and Alphabet Inc's Google to share advertising revenue with local media, Prime Minister Leo Varad...
Apr 24, 2020
Italy targets surge in public debt as coronavirus impact bites
By Giuseppe Fonte and Gavin Jones ROME (Reuters) - Italy on Friday targeted its budget deficit at 10.4% of gross domestic product this year and said the public debt would rise to 155.7% of GDP, the hi...
Apr 24, 2020
U.S. core capital goods orders post surprise gain in March
By Lucia Mutikani WASHINGTON (Reuters) - New orders for key U.S.-made capital goods unexpectedly rose in March, but the gains are not likely to be sustainable amid the novel coronavirus outbreak, whic...
Apr 24, 2020
Wall Street backs off European corporate lending to focus on America: sources
By Arno Schuetze, Pamela Barbaglia and Maya Nikolaeva FRANKFURT/LONDON/PARIS (Reuters) - U.S. investment banks are shrinking lending activity in Europe as the pandemic forces them to focus on home, al...
Apr 24, 2020
EU’s amorphous recovery fund bails out Italian PM, for now
By Crispian Balmer ROME (Reuters) - Prime Minister Giuseppe Conte, struggling to map a way out of Italy's coronavirus crisis and facing political fire from all sides, has won much-needed breathing spa...
Apr 24, 2020
