Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Carmaker Renault: all plants closed apart from in China and South Korea
PARIS (Reuters) - French carmaker Renault said production at all its plants across the world had been halted due to the impact of the coronavirus crisis, apart from its plants in China and South Korea...
Mar 30, 2020
Coronavirus crisis to delay Bulgaria’s euro zone bid-central bank governor
SOFIA (Reuters) - The global crisis triggered by the coronavirus pandemic will delay Bulgaria's bid to join the euro zone's "waiting room" and the European Union's banking union until 2021, central ba...
Mar 30, 2020
UK public sector contractor Kier cuts pay for 6,500 employees
(Reuters) - British contractor Kier Group will cut wages for about 6,500 employees, including executives and board members, by between 7.5% and 25% for the three months beginning April, it said on Mon...
Mar 30, 2020
Britain’s Loganair plans to ask government for help
LONDON (Reuters) - Britain's Loganair, a small regional airline, is planning to ask the government for financial aid in the coming days, its chief executive told BBC radio on Monday. Loganair will go ...
Mar 30, 2020
Finablr auditor Ernst & Young steps down
(Reuters) - Finablr said on Monday Ernst & Young LLP has resigned as its auditor after the company could not accommodate some of the changes requested by it on time, which included changes to the comp...
Mar 30, 2020
Bank of Ireland puts 2019 dividend on ice
DUBLIN (Reuters) - Bank of Ireland on Monday said it would not proceed with a dividend of 17.5 cent per share for the year ended December 2019 following a recommendation of the European Central Bank. ...
Mar 30, 2020
Australia’s top retail bank boss warns of sharp economic slowdown
SYDNEY (Reuters) - Australia faces a 10% economic contraction in the March quarter as shockwaves from the coronavirus pandemic rip through the economy, the head of the Commonwealth Bank of Australia ,...
Mar 30, 2020
Fimalac to provide new financing for Casino’s holding company
PARIS (Reuters) - French financial group Fimalac has agreed to provide new financing facilities for Rallye , the holding company behind supermarket retailer Casino which has been under pressure to cut...
Mar 30, 2020
EasyJet grounds fleet, furloughs cabin crew for two months
LONDON (Reuters) - British low cost airline easyJet said it had grounded its entire fleet and reached a deal with its cabin crew for employees to be furloughed for two months under a government job re...
Mar 30, 2020
ING bank suspends dividend payments due to coronavirus outbreak
AMSTERDAM (Reuters) - Dutch banks ING said on Monday it would follow the advice of the European Central Bank (ECB) and suspend any payment of dividends until at least Oct. 1 in light of the global cor...
Mar 30, 2020
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