Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fast Retailing CEO criticises Japan’s lack of virus tests: report
TOKYO (Reuters) - The head of Fast Retailing Co , owner of fashion chain Uniqlo, criticised Japan's lack of coronavirus testing in a media interview, joining a chorus of executives questioning Prime M...
Apr 22, 2020
Safe as houses? Trading from home tests bank defences during crisis
By Huw Jones LONDON (Reuters) - Trading worth billions of dollars has shifted to kitchen tables or bedrooms as traders work through the coronavirus crisis from home, testing patchy fixes to make sure ...
Apr 22, 2020
‘A disaster’: Roche CEO’s verdict on some COVID-19 antibody tests
By John Miller ZURICH (Reuters) - Some blood tests being marketed to tell people if they have had the new coronavirus are a "disaster", Roche Chief Executive Severin Schwan said on Wednesday as he pre...
Apr 22, 2020
Exxon Mobil starts building $10 billion China petrochemical complex: Xinhua
SINGAPORE (Reuters) - Exxon Mobil Corp kicked off construction on Wednesday of its $10 billion petrochemical complex in south Chinese city Huizhou, state news agency Xinhua reported. The complex, whic...
Apr 22, 2020
Hong Kong Monetary Authority sells HK$1.55 billion as HKD hits strong end of trading range
HONG KONG (Reuters) - The Hong Kong Monetary Authority (HKMA) sold HK$1.55 billion ($200.01 million) into the market as the Hong Kong Dollar strengthened to its trading limit. The aggregate balance - ...
Apr 22, 2020
Toyota’s South African unit sees 15-20% hit to production due to virus
JOHANNESBURG (Reuters) - The South African unit of Toyota could see its production drop by around 15-20% in 2020, its president and CEO Andrew Kirby said on Wednesday. The division had already lost pr...
Apr 22, 2020
Coffee, chocolates and pills shield Swiss stocks from virus rout
By Julien Ponthus LONDON (Reuters) - Shielded by the resilience of three behemoth defensive stocks, the Swiss blue-chip index has comfortably weathered the coronavirus storm compared with other Europe...
Apr 22, 2020
Zagreb earthquake caused $6 billion of damage: minister
ZAGREB (Reuters) - The earthquake that struck the Croatian capital Zagreb a month ago caused around 42 billion kuna ($6.03 billion) of damage and country will be seeking outside help to pay for the re...
Apr 22, 2020
EU antitrust regulators resume probe into Boeing, Embraer deal
BRUSSELS (Reuters) - EU antitrust regulators have resumed their investigation into Boeing's bid to buy the jetmaking arm of Embraer , with a decision due by Aug. 7, a European Commission filing showed...
Apr 22, 2020
Elevator maker Kone’s first-quarter profit beats forecasts
HELSINKI (Reuters) - Finland's Kone reported a 10% fall in first-quarter profit hurt by the coronavirus outbreak but beat forecasts and stuck with its recently adjusted 2020 outlook. The elevator make...
Apr 22, 2020
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