Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
British insurer Aviva halts executive bonuses, pay rises
LONDON (Reuters) - British insurer Aviva said on Thursday its executive directors and leadership team would not be considered for any bonus for 2020 until dividends are restarted. Basic pay rises for ...
Apr 16, 2020
EU trade chief urges for more diverse supply chains after crisis
BRUSSELS (Reuters) - The European Union and its companies need to diversify their supply chains to reduce their reliance on individual countries, but that does not mean bringing all production back to...
Apr 16, 2020
Rating agency S&P Global slashes global forecasts
LONDON (Reuters) - Credit rating agency S&P Global slashed its global forecasts on Thursday, predicting coronavirus lockdowns would now see the world economy contract 2.4% this year and cause the Unit...
Apr 16, 2020
Luxury department store retailer Neiman Marcus Group skipped bond payment: letter
NEW YORK (Reuters) - Neiman Marcus Group skipped a bond payment due this week to Marble Ridge Capital LP, according to a letter from the hedge fund to the luxury department store retailer sent Thursda...
Apr 16, 2020
Facebook’s Libra cryptocurrency revamped after backlash
By Brenna Hughes Neghaiwi and Tom Wilson ZURICH/LONDON (Reuters) - Facebook's planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled...
Apr 16, 2020
Starboard withdraws nominations to eBay board
(Reuters) - Activist investor Starboard is withdrawing its nominations to eBay Inc's board after the e-commerce company appointed Walmart executive Jamie Iannone as its chief executive officer, the fi...
Apr 16, 2020
Measures to control coronavirus weigh on U.S. homebuilding
WASHINGTON (Reuters) - U.S. homebuilding fell by the most in 36 years in March amid a broad decline in activity, offering further evidence that the economy was buckling under the weight of drastic mea...
Apr 16, 2020
Thai retailers find new ways to sell amid coronavirus outbreak
By Chayut Setboonsarng BANGKOK (Reuters) - Thai retailers have resorted to a mix of alternative sales strategies like drive-throughs and calling up customers direct to generate business as malls and a...
Apr 16, 2020
BoE’s Tenreyro sees ‘extremely large’ hit from COVID-19
LONDON (Reuters) - Britain is likely to suffer an "extremely large" hit to spending in the economy because of the lockdown to slow the spread of the coronavirus and the Bank of England will only be ab...
Apr 16, 2020
Turkish fruit, vegetable farmers wary as closed borders slice prices
By Ceyda Caglayan ISTANBUL (Reuters) - A sharp drop in the price of fruits and vegetables could force Turkish farmers to trim output this spring as the coronavirus pandemic slows exports and reduces t...
Apr 16, 2020
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