Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Air France-KLM CEO bonus incompatible with state aid: Dutch Finance minister
AMSTERDAM (Reuters) - Air France-KLM must scrap all of Chief Executive Ben Smith's bonus payments for this year if it wants to secure state aid, Dutch Finance minister Wopke Hoekstra said on Thursday....
Apr 23, 2020
IMF approves $363 million to help Congo fight coronavirus: statement
JOHANNESBURG (Reuters) - The International Monetary Fund's (IMF) Executive Board has approved a disbursement of $363 million under its Rapid Credit Facility to help Democratic Republic of Congo confro...
Apr 23, 2020
Exclusive: China plans to boost state reserves with U.S. crops amid coronavirus – sources
By Hallie Gu, Jing Xu and Keith Zhai BEIJING/SINGAPORE (Reuters) - China is preparing to buy more than 30 million tonnes of crops for state stockpiles to help protect itself from supply chain disrupti...
Apr 23, 2020
UK budget deficit comes in above target for 2019/2020
LONDON (Reuters) - Britain's government went slightly over its budget deficit target for the recently ended 2019/20 financial year which is likely to be dwarfed soon by a surge in public borrowing to ...
Apr 23, 2020
EU leaders to take step to joint financing of post-pandemic recovery
By Jan Strupczewski BRUSSELS (Reuters) - European Union leaders will move on Thursday towards joint financing of a recovery after the coronavirus pandemic by asking the European Commission to propose ...
Apr 23, 2020
Credit Suisse warns over coronavirus uncertainties after first-quarter earnings beat
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Credit Suisse Group AG posted a 75% rise in first-quarter net profit on Thursday, even as it cautioned the global coronavirus pandemic could impact perform...
Apr 23, 2020
Japan corporate earnings enjoy benefit of doubt as profits elsewhere portend gloom
By Hideyuki Sano TOKYO (Reuters) - Analysts are sanguine about Japanese corporate earnings this year in the expectation of swift economic recovery from the coronavirus outbreak, though some strategist...
Apr 23, 2020
French lockdown still reducing economic activity by 35%: INSEE
PARIS (Reuters) - A country-wide lockdown in France is still reducing economic activity by 35% from normal levels despite a slight pick-up in the industrial and construction sectors, the INSEE officia...
Apr 23, 2020
Truck maker Volvo first-quarter profit falls less than expected
STOCKHOLM (Reuters) - Swedish truck maker AB Volvo reported a smaller-than-expected fall in first-quarter operating earnings on Thursday but warned its net order intake of trucks had been negative sin...
Apr 23, 2020
Renault’s first-quarter sales fall, outlook still unclear
PARIS (Reuters) - French carmaker Renault on Thursday posted a 19.2% drop in first-quarter revenue to 10.13 billion euros ($10.97 billion), and said it was still too early to assess what impact the co...
Apr 23, 2020
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