Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
IMF says ECB, ESM support key to strong EU coronavirus response
By David Lawder WASHINGTON (Reuters) - The International Monetary Fund said on Monday the relaxation of the euro zone's fiscal rules and support from the European Central Bank and the European Stabili...
Mar 30, 2020
U.S. pending home sales rise 2.4% in February
WASHINGTON (Reuters) - Contracts to buy previously owned homes rose for the second straight month in February, the National Association of Realtors said on Monday. The NAR's pending home sales index i...
Mar 30, 2020
Harley-Davidson says investor Impala drops plans for board nominations
(Reuters) - Harley-Davidson Inc said on Monday that investor Impala Asset Management no longer planned to nominate two candidates to its board. Under the agreement, Impala can submit up to two nominat...
Mar 30, 2020
Commerzbank cancels its 2019 dividend recommendation
FRANKFURT (Reuters) - Commerzbank said on Monday that it will not propose a dividend for 2019. With the move, the German bank joins lenders across the euro zone in tearing up plans to return cash to s...
Mar 30, 2020
Rent-to-own firm Brighthouse falls on coronavirus blow
LONDON (Reuters) - Rent-to-own firm BrightHouse has been placed in administration and has stopped all new lending, putting more than 2,400 jobs at risk. Accountancy firm Grant Thornton said in a state...
Mar 30, 2020
Barclays sets 2050 ‘net zero’ carbon goal after investor pressure
By Simon Jessop and Iain Withers LONDON (Reuters) - Barclays drew cautious investor support on Monday for setting itself an ambition to reach 'net zero' for its own carbon emissions and the activities...
Mar 30, 2020
Great time for long-term investors to put money into U.S.: Mnuchin
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said the U.S. economy would have a "rough quarter" due to the coronavirus, but the underlying fundamentals were sound and it was a great t...
Mar 30, 2020
Bulgaria to provide over 1 billion levs to support employment
SOFIA (Reuters) - Bulgaria will spend more than 1 billion levs ($566 million) to pay part of workers' salaries in companies whose operations have been hit by the coronavirus crisis, Prime Minister Boy...
Mar 30, 2020
UAE’s flydubai to cut salaries for three months due to coronavirus
DUBAI (Reuters) - United Arab Emirates' airline flydubai will cut salaries for three months from April due to the impact of the global coronavirus pandemic on its business, a spokeswoman said on Monda...
Mar 30, 2020
Poland’s PKN upholds plan to buy Lotos, awaits further EU decisions
WARSAW (Reuters) - Poland's biggest oil refiner, the state-run PKN Orlen , upholds its plans to take over its smaller rival Lotos and awaits further decisions by the European Commission regarding the ...
Mar 30, 2020
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