Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Ireland sees GDP shrinking 10.5% in 2020; deficit of 7.4% of GDP
DUBLIN (Reuters) - Ireland expects gross domestic product to fall by 10.5% in 2020 but recovery swiftly to grow 6% the following year, the finance ministry said on Tuesday. The country expects to post...
Apr 21, 2020
European recovery fund makes more sense outside EU budget: France
PARIS (Reuters) - France suggested on Tuesday that a proposed European recovery fund would be more effective if it stands apart from the EU budget, even though that might be hard to stomach for some m...
Apr 21, 2020
India eases fundraising rules for companies as coronavirus hurts deals
MUMBAI (Reuters) - India's market regulator on Tuesday temporarily eased some fund-raising regulations for listed entities to give them easier and faster access to capital markets amid the ongoing cor...
Apr 21, 2020
Sweden’s Vattenfall cuts dividend payout to government amid pandemic uncertainty
STOCKHOLM (Reuters) - Swedish state-owned energy company Vattenfall said on Tuesday it was reducing its proposed dividend for 2019, citing the economic impact of the coronavirus on electricity markets...
Apr 21, 2020
Pan-European response needed in Coronavirus crisis: ECB’s Knot
FRANKFURT (Reuters) - A pan-European response is needed to help euro zone members hit hardest in a coronavirus crisis that is likely to last and end only gradually, European Central Bank policymaker K...
Apr 21, 2020
Factbox: German companies seek state aid to cope with coronavirus
(Reuters) - A number of German companies, including Adidas and Lufthansa , have taken out government-guaranteed loans as part of the Germany's federal government's aid package to deal with the coronav...
Apr 21, 2020
Italy PM says EU summit unlikely to reach final deal on stimulus
ROME (Reuters) - Italian Prime Minister Giuseppe Conte said he did not believe European Union leaders will reach a final solution over how to help the bloc's economies recover from the coronavirus cri...
Apr 21, 2020
U.S. existing home sales tumble in March
WASHINGTON (Reuters) - U.S. home sales dropped by the most in nearly 4-1/2 years in March as extraordinary measures to control the spread of the novel coronavirus brought buyer traffic to a virtual st...
Apr 21, 2020
SoftBank shares attractive near-term as buyback eyed: UK’s AVI
By Sam Nussey and Makiko Yamazaki TOKYO (Reuters) - SoftBank Group's planned $22.5 billion share buyback presents an attractive buying opportunity but it is not a clear longterm investment, said a Lon...
Apr 21, 2020
Italy’s next stimulus package worth at least 50 billion euros: Conte
ROME (Reuters) - The Italian government is working on a new stimulus package worth at least 50 billion euros ($54.2 billion) to mitigate the impact of the coronavirus crisis, Prime Minister Giuseppe C...
Apr 21, 2020
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