Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
World Bank says no ‘free ride’ for commercial creditors on debt relief
WASHINGTON (Reuters) - Commercial creditors need to support debt relief for the poorest countries and cannot just "free ride" on a suspension in debt payments by official bilateral creditors, World Ba...
Apr 17, 2020
Credit Suisse gets approval to take majority stake in China JV
HONG KONG (Reuters) - Credit Suisse has received regulatory approval to take a majority stake in its Chinese investment banking joint venture, the bank said in a statement on Friday. It is the latest ...
Apr 17, 2020
UK to delay retail sales and GDP data for quality checks
LONDON (Reuters) - Britain's Office for National Statistics said it would delay the release of upcoming retail sales and gross domestic product data to allow more time for quality checks due to challe...
Apr 17, 2020
Deutsche Bank investor files motion to oust chair at shareholder meeting
FRANKFURT (Reuters) - Deutsche Bank investor Riebeck-Brauerei on Friday filed a motion seeking a vote to oust the lender's chairman Paul Achleitner at this year's annual general meeting, according to ...
Apr 17, 2020
Kansas City Southern withdraws full-year forecast on coronavirus uncertainty
(Reuters) - U.S. railroad operator Kansas City Southern on Friday withdrew its full-year forecast for earnings and revenue, citing economic uncertainty created by the coronavirus pandemic. The company...
Apr 17, 2020
Altria CEO Howard Willard steps down
(Reuters) - Marlboro cigarette maker Altria Group Inc said on Friday that its Chief Executive Officer Howard Willard, who is recovering from COVID-19, has stepped down from the role. Altria said Willa...
Apr 17, 2020
After market storm, hedge funds launch to catch the recovery wave
By Olga Cotaga and Maiya Keidan LONDON (Reuters) - At least eight European hedge funds are launching portfolios betting on a recovery in corporate debt and emerging markets after the coronavirus pande...
Apr 17, 2020
Lockdown exits will need more open borders: EU jobs chief
By Philip Blenkinsop BRUSSELS (Reuters) - European Union (EU) countries will need to ease border restrictions to let in cross-border and seasonal workers as they gradually pull out of lockdowns and re...
Apr 17, 2020
China says it will step up macro policies to offset coronavirus pandemic impact
BEIJING (Reuters) - China will step up macroeconomic policies to offset the impact of the coronavirus pandemic as its economy faces unprecedented challenges, the ruling Communist Party's politburo sai...
Apr 17, 2020
Goldman predicts 36% drop in iPhone shipment, says time to sell Apple shares
(Reuters) - Goldman Sachs said on Friday it expects iPhone shipment to drop 36% during the third quarter due to coronavirus-related lockdowns around the world and downgraded Apple Inc stock to "sell"....
Apr 17, 2020
