Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China’s central bank approves business operations of newly revamped Baoshang Bank
BEIJING (Reuters) - China's central bank said on Thursday it had approved business operations of Mengshang Bank to take over the assets and operations of Baoshang Bank. China's financial regulators to...
Apr 30, 2020
Nigerian funds switch to stocks, hoping for rebound as foreigners exit
By Chijioke Ohuocha ABUJA (Reuters) - Nigerian funds are switching back to equities from fixed-income securities, hoping for a stock market rebound later this year after a coronavirus-induced rout in ...
Apr 30, 2020
Irish monthly retail sales fall 12.7% on motor trade collapse
DUBLIN (Reuters) - Irish retail sales fell 12.7% month-on-month in March to stand 11.1% lower year-on-year, according to data on Thursday that captured the gradual shut down of most traders last month...
Apr 30, 2020
Lufthansa, unions: we want to keep as many jobs as possible
BERLIN (Reuters) - Lufthansa and unions representing much of its staff told the German government that their joint top priorities were to maintain the airline's competitiveness after the coronavirus c...
Apr 30, 2020
Trump’s tariffs add to pandemic-induced turmoil of U.S. manufacturers
By Rajesh Kumar Singh CHICAGO (Reuters) - Dan Digre, head of MISCO Speakers, was on edge before the coronavirus outbreak hit the global economy. Payment of hundreds of thousands of dollars in Chinese ...
Apr 30, 2020
‘W-shaped’ recovery may be too optimistic, Fed’s Powell suggests
By Lindsay Dunsmuir WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell has sketched out an altogether bumpier ride for the U.S. economy than many are predicting - one that sees business activi...
Apr 30, 2020
Indonesia first-quarter GDP growth seen at slowest in 18 years, worse to come: Reuters poll
JAKARTA (Reuters) - Indonesia's economic growth likely slowed to the weakest in 18 years in the first quarter, but there is probably worse to come during the rest of 2020 due to the impact of the coro...
Apr 30, 2020
Visa gives Kenya’s Safaricom ‘missing link’ for global payments
By Duncan Miriri NAIROBI (Reuters) - Visa and Safaricom have agreed a deal which will connect the Kenyan telecom operator's M-Pesa financial services platform with Visa's global network of merchants a...
Apr 30, 2020
Facebook could address some U.S. antitrust concerns with new photo transfer tool
By Nandita Bose WASHINGTON (Reuters) - Facebook Inc will allow users in the United States and Canada to transfer photos and videos to a rival tech platform for the first time - a step that could assua...
Apr 30, 2020
Irish banks extend coronavirus loan breaks to six months
DUBLIN (Reuters) - Ireland's five retail banks, specialist and non-bank lenders agreed on Thursday to extend loan repayment breaks for customers hit by the coronavirus crisis to six months from three ...
Apr 30, 2020
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