Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Thailand shelves Asia-Pacific trade pact membership decision amid growing opposition
BANGKOK (Reuters) - Thailand's cabinet will not consider on Tuesday whether Thailand will seek membership of an Asia-Pacific trade agreement, which could boost its economy hit by the coronavirus pande...
Apr 28, 2020
Bayer faces second investor reckoning over glyphosate litigation
FRANKFURT (Reuters) - Bayer on Tuesday faces its second annual investor reckoning over its handling of a wave of U.S. lawsuits claiming its glyphosate-based weedkillers cause cancer. Criticism from in...
Apr 28, 2020
Japan to amend first-quarter GDP calculation method to better reflect coronavirus impact
TOKYO (Reuters) - Japan's government said on Tuesday it will change the way it compiles preliminary gross domestic product (GDP) data for the January to March period to better reflect the impact of th...
Apr 28, 2020
Novartis sales, profit rise amid coronavirus as drugmaker confirms 2020 outlook
ZURICH (Reuters) - Swiss drugmaker Novartis boosted first-quarter sales and profit and confirmed its 2020 targets as its generics unit's sales were lifted during the coronavirus epidemic without disru...
Apr 28, 2020
German government agrees rescue package worth 9 billion euros for Lufthansa: Business insider
BERLIN (Reuters) - The German government has agreed to help airline Lufthansa with a rescue package worth around 9 billion euros ($9.74 billion) in return for a blocking minority and one or two superv...
Apr 28, 2020
Mirae Asset says sued after deadline miss on $5.8 billion Anbang U.S. hotels deal
SEOUL (Reuters) - South Korean asset manager Mirae Asset Global Investments has been sued over a $5.8 billion deal to buy 15 U.S. hotels from China's Anbang Insurance Group after missing a deadline fo...
Apr 28, 2020
Deflation fears to force Japan to trim inflation-linked bond issuance
By Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) - Japan plans to cut the amount of inflation-linked bonds it sells to the market next month to the lowest level in seven years, sources said, as pl...
Apr 28, 2020
With virus war still raging, Fed peers out of the foxhole
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve has two core jobs assigned by Congress: Foster maximum employment and stable prices. The U.S. central bank begins a two-day policy meetin...
Apr 28, 2020
Swiss government agrees aid for aviation sector: Tages-Anzeiger
ZURICH (Reuters) - The Swiss government has agreed in principle to support an aid package worth around 1.5 billion Swiss francs ($1.54 billion) for Lufthansa unit Swiss via state-backed bank loans, th...
Apr 27, 2020
UBS posts 40% first-quarter net profit rise as transaction levels jump
ZURICH (Reuters) - The world's largest wealth manager, UBS , reported a 40% increase in first-quarter net profit on Tuesday, as clients upped trading activity during market turmoil sparked by the coro...
Apr 27, 2020
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