Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Mother of invention: the new gadgets dreamt up to fight coronavirus
By Josephine Mason, Peter Henderson and Luiza Ilie LONDON/OAKLAND/BUCHAREST (Reuters) - Driving to work at his factory to the west of London last week, designer Steve Brooks had coronavirus on his min...
Apr 01, 2020
German retail sales boom as shoppers stockpile for coronavirus
BERLIN (Reuters) - German households stocking up on daily essentials ahead of anticipated lock-down and quarantine measures caused retail sales in Germany to surge far beyond expectations in February,...
Apr 01, 2020
Swedish hotel and restaurant bankruptcies soar as pandemic hits
STOCKHOLM (Reuters) - Record numbers of hotels and restaurants went bankrupt in March in Sweden as customers stayed at home to avoid spreading the coronavirus, figures from credit information firm UC ...
Apr 01, 2020
European stock index futures slide as coronavirus damage grows
(Reuters) - European stock index futures fell more than 3% on Wednesday as dismal economic data from Asia underlined the damage to the economy from the coronavirus pandemic and fanned fears of a deep ...
Apr 01, 2020
Italy’s Economy Minister sees 6% fall in 2020 GDP as ‘realistic’ estimate: paper
ROME (Reuters) - Italy's Economy Minister Roberto Gualtieri said on Wednesday that the business lobby's forecast of a 6% fall in gross domestic product due to the coronavirus emergency this year is re...
Apr 01, 2020
U.S., South Korea scramble to seal defence cost-sharing deal as thousands put on unpaid leave
By Josh Smith and Hyonhee Shin SEOUL (Reuters) - The commander of U.S. troops in South Korea on Wednesday called for negotiators to quickly resolve a cost-sharing dispute that has put more than 4,000 ...
Apr 01, 2020
S&P says major Aussie banks not at risk of downgrade amid pandemic
(Reuters) - Major Australian banks can weather a substantial rise in credit losses triggered by the coronavirus outbreak while credit ratings of most banks in the country are not at risk of a downgrad...
Apr 01, 2020
Exclusive: KKR shelves sale of Singapore-based Goodpack amid market turmoil – sources
SINGAPORE (Reuters) - KKR & Co. has shelved a process to sell Singapore-based Goodpack, an intermediate bulk container maker, after the coronavirus outbreak impacted valuations for the proposed deal, ...
Apr 01, 2020
Macau’s gaming revenues tumble 80% in March over coronavirus impact
HONG KONG (Reuters) - Gambling revenue in Macau plunged 79.7 percent in March year-on-year, with casinos reeling from a lack of visitors in the world's biggest casino hub after authorities intensified...
Mar 31, 2020
Apple doubles China donations for COVID-19 recovery efforts
SHANGHAI (Reuters) - Apple more than doubled its donation to China's efforts to fight COVID-19 to over 50 million yuan ($7 million), CEO Tim Cook posted on Weibo on Wednesday, weeks after the iPhone m...
Mar 31, 2020
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