Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
California regulator wants changes in PG&E reorganization plan, proposes $2 billion fine
(Reuters) - A California regulator has asked PG&E Corp for governance and oversight changes in its reorganization plan, while also proposing penalties of about $2 billion on the San-Francisco based ut...
Apr 21, 2020
EU may need $1.7 trillion post-coronavirus package: French EU commissioner
By Sudip Kar-Gupta and Matthieu Protard PARIS (Reuters) - An economic support package being readied to help the European Union recover from the coronavirus crisis may need be to worth around 1.6 trill...
Apr 21, 2020
Daimler teams up with Volvo Trucks in fuel cell venture
FRANKFURT (Reuters) - Daimler and Volvo Trucks have agreed to join forces to develop, produce and sell fuel cell systems for heavy-duty vehicles, in a sign that the coronavirus crisis is accelerating ...
Apr 21, 2020
European shares tumble on oil crash, dour earnings
(Reuters) - European stocks fell on Tuesday as the double whammy from a crash in U.S. crude to minus $40 per barrel and dismal first-quarter earnings reports spooked investors about the lasting damage...
Apr 21, 2020
As China splashes out vouchers to revive retail, many just buy necessities
By Sophie Yu and Tony Munroe BEIJING (Reuters) - China is handing out billions of yuan in shopping coupons to support retailers crushed by the COVID-19 outbreak, but the subsidies are doing little to ...
Apr 21, 2020
South Korea’s April 1-20 exports collapse as pandemic paralyses production, demand
By Joori Roh SEOUL (Reuters) - South Korean exports plunged nearly 27% in the first 20 days of April as the coronavirus health crisis paralyzed global manufacturing activity and crushed consumer deman...
Apr 21, 2020
Euro zone fiscal response to crisis inadequate: ECB’s Panetta
FRANKFURT (Reuters) - The euro zone's fiscal response to the coronavirus crisis has been inadequate so far and threatens the single market, European Central Bank board member Fabio Panetta said in an ...
Apr 21, 2020
Volvo and Daimler tie up to develop fuel cell for trucks
STOCKHOLM (Reuters) - Swedish truck maker Volvo said on Tuesday it had signed a deal with German rival Daimler to set up a joint venture to develop and produce fuel cell systems for heavy-duty vehicle...
Apr 21, 2020
UK employment growth slowed in March as COVID began to hit: ONS
LONDON (Reuters) - The number of people in work in Britain grew more slowly last month than in February, official figures showed on Tuesday in one of the first signs of the impact of the coronavirus s...
Apr 21, 2020
Ferrari rolls out coronavirus testing to get staff ready for work
By Giulio Piovaccari and Elvira Pollina MILAN (Reuters) - Workers at Ferrari are signing up en masse for voluntary coronavirus screening so they can return to work as soon as possible in an ambitious ...
Apr 21, 2020
