Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Spanish government ups direct aid to SMEs to 7 billion euros in relief package
MADRID (Reuters) - The Spanish government's direct aid to small and medium-sized companies, to be approved by the cabinet on Friday, will likely total 7 billion euros ($8.4 billion), up from a previou...
Mar 11, 2021
Exclusive: Prada’s CEO sees 2021 sales growing to 2.9-3.1 billion euros
MILAN (Reuters) - Italian fashion group Prada expects revenues to grow to 2.9-3.1 billion euros this year after a pandemic-driven fall to 2.42 billion euros in 2020, CEO Patrizio Bertelli told Reuters...
Mar 11, 2021
UK’s Sunak says he does not favour a debt-to-GDP target
By William Schomberg and Andy Bruce LONDON (Reuters) - British finance minister Rishi Sunak said on Thursday he did not favour setting a specific target for the level of public debt as a share of econ...
Mar 11, 2021
Rolls shores up position on Airbus A350, delaying GE showdown
By Tim Hepher and Sarah Young (Reuters) - Rolls-Royce said on Thursday it had extended an exclusive deal to provide engines for the Airbus A350-900 to 2030, cementing its alliance with the European pl...
Mar 11, 2021
Biden taps former Fed economist Liang for domestic finance post: White House
WASHINGTON (Reuters) - President Joe Biden is nominating former Federal Reserve economist Nellie Liang as the Treasury's Under Secretary for Domestic Finance, the White House said on Thursday. Liang w...
Mar 11, 2021
IMF urges vigilance against rate spike as Biden stimulus juices U.S. growth
WASHINGTON (Reuters) - The International Monetary Fund on Thursday warned central banks to be vigilant against a sudden spike in interest rates and tighter financial conditions that could spill over i...
Mar 11, 2021
U.S. housing finance regulator extends some loan flexibilities until April 30
WASHINGTON (Reuters) - The U.S. housing finance regulator on Thursday said it was extending temporary loan origination flexibilities until the end of next month amid the ongoing coronavirus pandemic, ...
Mar 11, 2021
China’s antitrust regulators consider levying record fine against Alibaba: WSJ
(Reuters) - China's antitrust regulators are mulling levying a record fine against Alibaba Group Holding Ltd over its anticompetitive behavior, the Wall Street Journal reported on Thursday, citing peo...
Mar 11, 2021
Vodafone, Fastweb seek 1.1 billion euros in damages from Tim over alleged market abuse: document
MILAN (Reuters) - Vodafone and Fastweb have asked Telecom Italia (TIM) for a total of 1.1 billion euros ($1.31 billion) in damages after a ruling by Italy's competition watchdog over alleged abuse of ...
Mar 11, 2021
UK delays post-Brexit import checks to give more time to prepare
LONDON (Reuters) - Britain on Thursday delayed the introduction of a range of post-Brexit import checks on goods from the European Union by around six months, saying businesses needed more time to pre...
Mar 11, 2021
