Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Germany sets up protective shield for credit insurers
BERLIN (Reuters) - Germany's Finance Ministry said on Thursday that the government was setting up a protective shield for credit insurers for 2020 that amounts to 30 billion euros ($32.66 billion) and...
Apr 16, 2020
Investors trim bearish bets on Asia FX on coronavirus recovery hopes: Reuters poll
By Nikhil Nainan (Reuters) - Investors trimmed short positions on Asian currencies, a Reuters poll showed, as China tries to jump-start its economy that has been ravaged by the coronavirus pandemic, a...
Apr 16, 2020
Apple’s new budget iPhone unlikely to make splash in China where 5G now commonplace
By Josh Horwitz SHANGHAI (Reuters) - Apple Inc's new iPhone SE for the budget-conscious is unlikely to be a major driver of sales in China, with analysts noting it lacks the 5G capability that most ne...
Apr 16, 2020
Dutch new unemployment claims soar 42% as coronavirus measures bite
AMSTERDAM (Reuters) - The number of people filing for unemployment benefits in the Netherlands soared 42% in March as many businesses were shut down in an attempt to contain the spread of the coronavi...
Apr 16, 2020
Norway wealth fund says excess gain from external managers was $4.5 billion from 1999-2018
OSLO (Reuters) - Norway's sovereign wealth fund, the world's largest, said on Tuesday its use of external fund managers had led to the accumulation of 47 billion Norwegian crowns ($4.45 billion) in ex...
Apr 16, 2020
EasyJet says able to survive a lengthy fleet grounding
LONDON (Reuters) - British low cost airline easyJet , whose aircraft are all grounded due to the coronavirus pandemic, said steps it had taken to shore up its finances meant it would be able to surviv...
Apr 16, 2020
IMF boss says UK should seek longer Brexit transition
LONDON (Reuters) - Britain should ask for an extension to its post-Brexit transition period to ease uncertainty at a time when the world economy is being hammered by the coronavirus pandemic, the head...
Apr 16, 2020
Lazard boosts restructuring team as coronavirus-hit firms run into trouble
By Pamela Barbaglia LONDON (Reuters) - Lazard Ltd has bolstered its senior restructuring team as it seeks to win business from companies struggling to stay afloat in the midst of the economic turbulen...
Apr 16, 2020
As Japan slows down, prices at risk of falling while bars, restaurants suffer
By Kaori Kaneko TOKYO (Reuters) - For someone like Sumako Furihata, who owns two small restaurants in Tokyo's Akasaka nightlife district, the coronavirus pandemic has been a nightmare that crushed sal...
Apr 15, 2020
Man GLG hires Asia equities head from rival BlackRock
HONG KONG (Reuters) - Man GLG, the discretionary investment arm of asset manager Man Group , has hired Andrew Swan from rival BlackRock to lead its Asia ex-Japan equities business, it said on Thursday...
Apr 15, 2020
