Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Swedish labour board says unemployment at 8% as virus hits economy
STOCKHOLM (Reuters) - Sweden's Public Employment Service (SPES) said on Monday unemployment rose to 8% in the past week after a wave of redundancies due to the effects of the novel coronavirus on the ...
Apr 20, 2020
Coronavirus pushes Latin America’s budding startups into survival mode
By Julia Love and Daina Beth Solomon MEXICO CITY (Reuters) - The chief executive of Colombian food technology startup Muy had expected to spend the past few weeks gearing up to raise a dollop of fresh...
Apr 20, 2020
ICICI seeks impounding of ships operated by HLT unit Ocean Tankers: source
By Nidhi Verma NEW DELHI/SINGAPORE (Reuters) - India's ICICI Bank is seeking the impounding of two vessels operated by Ocean Tankers (Pte) Ltd, a unit of Singapore oil-trading company Hin Leong Tradin...
Apr 20, 2020
Germany to recover slowly after severe recession: Bundesbank
FRANKFURT (Reuters) - The Germany economy is in a severe recession and recovery is unlikely to be quick as many coronavirus-related restrictions could stay in place for an extended period, the Bundesb...
Apr 20, 2020
At mercy of banks, India’s cash-tight shadow lenders face new turmoil
By Nupur Anand MUMBAI (Reuters) - India's banks are freezing credit lines to shadow lenders as the coronavirus crisis shuts down commerce in Asia's third-largest economy, but leaving this sector in th...
Apr 20, 2020
Empty resorts spell long crisis for Caribbean as coronavirus hits
By Marc Frank and Kate Chappell VARADERO, Cuba/KINGSTON (Reuters) - No one is swimming in the turquoise Caribbean waters of Cuba's Varadero beach resort, nor lounging on its white, palm-fringed beache...
Apr 20, 2020
China to build commodity trading centre in Caofeidian, aims over $7 billion trade by 2022
BEIJING (Reuters) - China will beef up its Caofeidian pilot free trade zone, prioritising the development of international commodities trade and bringing in more foreign investments, local government ...
Apr 20, 2020
BoCom Securities arm fined $2.5 million in Hong Kong for regulatory failings
HONG KONG (Reuters) - Hong Kong's markets watchdog said on Monday it had fined a securities arm of one of China's largest banks, Bank of Communications , HK$19.6 million ($2.53 million) for a range of...
Apr 20, 2020
Euro zone trade surplus grows, with decline in China imports
BRUSSELS (Reuters) - The euro zone's trade surplus with the rest of the world grew in February, with a decline in imports from China as well as sharply lower energy needs because of mild winter weathe...
Apr 20, 2020
South Africa to increase welfare provision over coronavirus: Ramaphosa
JOHANNESBURG (Reuters) - South Africa will increase welfare provision to help poor households suffering because of a nationwide lockdown aimed at containing the country's coronavirus outbreak, Preside...
Apr 20, 2020
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