Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
After pandemic hoarding, Belgium ends supermarket discounts ban
By Philip Blenkinsop BRUSSELS (Reuters) - Belgium will end a two-week ban on supermarket promotions and discounts designed to discourage panic-buying after complaints that consumers were facing higher...
Mar 30, 2020
Investors look past UK rating downgrade but flag risks ahead
By Dhara Ranasinghe and Ritvik Carvalho LONDON (Reuters) - Britain's finances put it among the most vulnerable major economies in the face of the coronavirus crisis, investors warned on Monday, even a...
Mar 30, 2020
Airbus struggles to lift crisis-hit jet output
By Tim Hepher and Johanna Decorse PARIS/TOULOUSE (Reuters) - Europe's Airbus is grappling with labor and supply chain shortages and may only be able to restore aircraft production to some 10-20% of no...
Mar 30, 2020
Ray-Ban maker EssilorLuxottica suspends dividend, postpones AGM
PARIS (Reuters) - Ray-Ban maker EssilorLuxottica on Monday said it was suspending its dividend payment due to the coronavirus outbreak and pushed back its annual shareholders' meeting by a month. The ...
Mar 30, 2020
Spain eyes suspension of some rent payments and evictions: government source
By Beln Carreo and Clara-Laeila Laudette MADRID (Reuters) - Spain's government is fleshing out a 700-million-euro ($770 million) package to help private tenants through the coronavirus crisis and is l...
Mar 30, 2020
Finnish government pushes Fortum to strive for carbon neutrality
HELSINKI (Reuters) - Finland's center-left government on Monday gave its blessing to majority state-owned Fortum's strategy to cut emissions, but promised to push the company further towards carbon ne...
Mar 30, 2020
Standard General withdraws nominee to Tegna board
By Svea Herbst-Bayliss (Reuters) - Standard General, the hedge fund battling for board seats at Tegna Inc , said on Monday it withdrew one of its five director nominees after discovering a "contractua...
Mar 30, 2020
Microsoft says Skype users surge amid coronavirus outbreak
(Reuters) - Microsoft Corp said on Monday its video calling platform Skype saw a 70% jump in usage in the last week of March from a month earlier, as more people shift to working from home amid the co...
Mar 30, 2020
Macy’s to furlough most of 130,000 employees as stores stay shut
(Reuters) - Macy's Inc said on Monday it would furlough most of its 130,000-strong workforce starting this week as all of the company's stores have been temporarily shut due to the coronavirus pandemi...
Mar 30, 2020
Explainer: The transatlantic divide on how banks handle coronavirus loans
By Huw Jones LONDON (Reuters) - The United States has given banks a two-year break from provisions for loans soured by the coronavirus pandemic, seeking to keep credit flowing while borrowers struggle...
Mar 30, 2020
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