Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
New Aston Martin chief says focus on SUV launch, restart
(Reuters) - Aston Martin's immediate priorities will be restarting manufacturing and launching production of its crucial first sport utility vehicle, its new boss, Canadian businessman and Formula 1 t...
Apr 20, 2020
Virgin Australia preparing to enter voluntary administration: SMH
SYDNEY (Reuters) - Virgin Australia Holdings Ltd is preparing to enter voluntary administration, the Sydney Morning Herald reported on Monday, citing unnamed sources, with the cash-strapped carrier un...
Apr 20, 2020
Coronavirus takes toll on global M&A as $1 billion deals disappear
By Kane Wu HONG KONG (Reuters) - For the first time since September 2004, no merger and acquisition deal worth more than $1 billion was announced worldwide last week, according to data provider Refini...
Apr 20, 2020
Casino operator Rank furloughs nearly 90% of UK staff
(Reuters) - Casino and gaming operator Rank Group Plc said on Monday it had furloughed nearly 90% of its workforce in the UK as its venues remain closed due to coronavirus-led lockdowns. The company s...
Apr 20, 2020
ECB to give banks ample time to resume pre-crisis capital rules: press
FRANKFURT (Reuters) - The European Central Bank will give banks ample time to return to normal capital and liquidity levels after the coronavirus crisis passes, the ECB's chief supervisor told Spanish...
Apr 20, 2020
Picking for Britain – coronavirus crisis draws workers to farms
By Natalie Thomas and James Davey BRAUNTON, England (Reuters) - Thousands of Britons have answered the call for backbreaking work on the country's fruit and vegetable farms this summer as the coronavi...
Apr 20, 2020
Mind the gap: Rising Italy yield premia put bond markets back on ECB watch
By Dhara Ranasinghe LONDON (Reuters) - Bond markets are again testing the ECB's resolve to contain a rise in Italian borrowing costs, betting the central bank will have no choice but to unleash greate...
Apr 20, 2020
EU economics chief: 1.5 trillion euros in aid could be needed to tackle coronavirus
BERLIN (Reuters) - The European Union's Economics Commissioner Paolo Gentiloni told German magazine Der Spiegel that aid worth around 1.5 trillion euros ($1.63 trillion) could be needed to tackle the ...
Apr 20, 2020
Spectacles group EssilorLuxottica to scrap dividend, cut costs
PARIS (Reuters) - EssilorLuxottica , the spectacles company whose brands include Oakley and Ray-Ban, said on Monday that it would scrap its dividend and would look to cut costs, in order to cope with ...
Apr 20, 2020
China to prevent short-term economic shocks from becoming long-term stagnation
BEIJING (Reuters) - China still has plenty of room to work with on its macro hedging policies and the government will act to prevent short-term economic shocks from becoming long-term stagnation trend...
Apr 19, 2020
