Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Germany pledges 2 billion euros to help start-ups through coronavirus crisis
BERLIN (Reuters) - Germany is planning to allocate 2 billion euros ($2.19 billion) to help support start-ups during the coronavirus crisis, Finance Minister Olaf Scholz said on Wednesday. "All the nor...
Apr 01, 2020
Glencore’s chrome joint venture in South Africa with Merafe declares force majeure
By Zandi Shabalala LONDON (Reuters) - Glencore's chrome joint venture in South Africa with Merafe Resources has declared force majeure on qualifying contracts after a nationwide lockdown forced operat...
Apr 01, 2020
Boom in Denmark’s economy may be replaced by 10% contraction, central bank says
By Jacob Gronholt-Pedersen and Stine Jacobsen COPENHAGEN (Reuters) - A boom in Denmark's economy may be replaced by a contraction of as much as 10% this year as the coronavirus outbreak hits the Nordi...
Apr 01, 2020
UK factories suffer biggest hit since 2012 at onset of coronavirus crisis: PMI
LONDON (Reuters) - Output from Britain's manufacturing sector shrank at the fastest pace since the euro zone debt crisis in March as the spread of coronavirus led to a spiraling of delays and hammered...
Apr 01, 2020
Asian equities in March see biggest foreign outflows since 2008
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) - Asian equities recorded their biggest foreign outflow in at least 12 years in March, hit by the coronavirus pandemic and its impact on business...
Apr 01, 2020
Coronavirus sinks German manufacturing output in March: PMI
BERLIN (Reuters) - Germany's export-dependent manufacturing sector saw the steepest decrease in output in almost 11 years in March, a survey showed on Wednesday, as the coronavirus pandemic forced pla...
Apr 01, 2020
French manufacturing plunges into deepest slump in seven years: PMI
PARIS (Reuters) - French manufacturing activity fell in March at the fastest pace in more than seven years as a nationwide lockdown to contain the coronavirus outbreak hits companies and their clients...
Apr 01, 2020
China’s ports brace for second hit as virus spread wipes out exports
By Muyu Xu and Shivani Singh BEIJING (Reuters) - China's ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than during the countr...
Apr 01, 2020
Europe’s 2020 dividends expected to fall by about 40%: Barclays
LONDON (Reuters) - Dividend paid by companies listed on the pan-European STOXX 600 index for this year are expected to fall by about 40%, Emmanuel Cau, head of European equity strategy at Barclays tol...
Apr 01, 2020
Italy’s factory activity contracts at fastest rate for 11 years: PMI
ROME (Reuters) - Italian manufacturing activity plunged in March at the steepest rate for 11 years, hit by a lockdown imposed by the government to try to contain the country's coronavirus outbreak. Th...
Apr 01, 2020
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