Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Some Suriname creditors ‘welcome’ country’s modified payment proposal
NEW YORK (Reuters) - A group of Suriname's creditors said on Monday it supported the country's modified payment deferment proposal of last week, which extended the date for response and modified some ...
Nov 30, 2020
U.S. weekly unemployment claims data flawed: government watchdog
WASHINGTON (Reuters) - The U.S. Labor Department is inaccurately estimating the number of people filing weekly claims for unemployment benefits during the pandemic, which could make it difficult for p...
Nov 30, 2020
Atlantia’s motorway unit picks outside firms for safety checks on network
MILAN (Reuters) - Autostrade per l'Italia has chosen a group of companies led by engineering firm Proger to conduct safety checks on 4,500 bridges, overpasses and tunnels it runs, the motorway unit of...
Nov 30, 2020
Italians to spend 18% less as COVID dampens Christmas spirit: study
MILAN (Reuters) - Italians are expected to spend almost a fifth less on Christmas gifts this year than in 2019 because of the COVID-19 pandemic, which has closed shops, restricted social gatherings an...
Nov 30, 2020
Philip Green’s Arcadia rejects Frasers’ offer of ‘lifeline’ loan
LONDON (Reuters) - Philip Green's struggling British fashion group Arcadia has turned down rival Frasers Group's offer of a "lifeline" loan of up to 50 million pounds ($67 million), sportswear retaile...
Nov 30, 2020
After COVID-19 outbreak, BRF plant in southern Brazil cleared to resume exports to China
SAO PAULO (Reuters) - Brazilian food processor BRF SA said on Monday its Lajeado pork unit in southern Brazil has been authorized to resume exports to China, according to a statement sent to Reuters. ...
Nov 30, 2020
Swiss investigating SBM Offshore subsidiaries over past corruption
AMSTERDAM (Reuters) - Swiss authorities said on Monday they had launched a criminal investigation into three subsidiaries of Netherlands-based SBM Offshore for allegedly failing to prevent past corrup...
Nov 30, 2020
U.S. housing, manufacturing data suggest economic recovery slowing
By Lucia Mutikani WASHINGTON (Reuters) - Contracts to buy U.S. previously owned homes fell for a second straight month in October as an acute shortage of properties pushed up prices, though the housin...
Nov 30, 2020
U.S. pending home sales unexpectedly fall in October
WASHINGTON (Reuters) - Contracts to buy U.S. previously owned homes fell for a second straight month in October as an acute shortage of properties pushed up prices, though the housing market remains s...
Nov 30, 2020
Dutch government says 2020 debt-to-GDP to hit 57.4% due to coronavirus support
AMSTERDAM (Reuters) - The Dutch government expects its debt-to-GDP ratio to have risen to 57.4% by the end of 2020 as a result of heavy spending to support the economy during the coronavirus pandemic,...
Nov 30, 2020
