Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Employees worried about Valero response to virus cases at Texas refinery: sources
By Erwin Seba HOUSTON (Reuters) - Employees at Valero Energy Corp's Port Arthur, Texas, refinery expressed worries about the company's slow response to keep the coronavirus from spreading there after ...
Apr 07, 2020
Germany’s Ifo: Industrial output expectations post biggest fall since 1991
BERLIN (Reuters) - German industrial output will likely tumble in the coming three months, the Ifo institute said on Tuesday as its index for production expectations saw its biggest drop since the sur...
Apr 07, 2020
Japan households gloomiest on outlook since 2008 – BOJ survey
TOKYO (Reuters) - Japanese households were the gloomiest on the economic outlook since the collapse of Lehman Brothers in 2008, a quarterly central bank survey for March showed on Tuesday, adding to w...
Apr 07, 2020
France’s Thales withdraws final dividend, suspends outlook
By Tim Hepher PARIS (Reuters) - France's Thales on Tuesday became the latest major company to slash its dividend, suspend profit guidance and top up liquidity in response to the coronavirus crisis. Th...
Apr 07, 2020
Britain’s supermarkets wrestle with coronavirus demand conundrum
By James Davey LONDON (Reuters) - Britain's big supermarkets fear they won't be able to supply the country's 60 million people without longer opening hours or a relaxation of social distancing rules i...
Apr 07, 2020
Singapore central bank to adjust banks’ capital requirements
SINGAPORE (Reuters - Singapore's central bank will adjust selected regulatory requirements and supervisory programs to enable financial institutions to focus on tackling issues stemming from the coron...
Apr 06, 2020
China’s Ucar, in which Luckin chairman is top shareholder, halts shares
SHANGHAI (Reuters) - China's Ucar Inc, in which Luckin Coffee Chairman Charles Zhengyao Lu is the biggest shareholder, suspended trading of its shares on Tuesday after regulators questioned the car se...
Apr 06, 2020
China’s big developers shrug off short-term virus impact to splurge on land
By Clare Jim HONG KONG (Reuters) - China's top developers are prising open their war chests to snap up land this year as local governments sell more prime real estate to boost revenues and smaller, di...
Apr 06, 2020
Australia’s central bank holds cash rate at 0.25%
SYDNEY (Reuters) - Australia's central bank left its cash rate at a record low of 0.25% on Tuesday, a widely expected decision since it only recently cut rates as part of an aggressive easing campaign...
Apr 06, 2020
Toshiba should sell stake in ex-chip unit at IPO, says HK activist fund in letter
By Makiko Yamazaki TOKYO (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has asked the Japanese conglomerate to sell its entire stake in Kioxia Holdings when the flash memory chip firm...
Apr 06, 2020
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