Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: Group of 165 Google critics call for swift EU antitrust action – letter
By Foo Yun Chee BRUSSELS (Reuters) - A group of 165 companies and industry bodies have called on EU antitrust enforcers to take a tougher line against Google, saying the U.S. tech giant unfairly favou...
Nov 12, 2020
India’s economy is seeing a ‘strong recovery’ take root, finance minister says
NEW DELHI (Reuters) - India is seeing a "strong recovery" taking root in the economy, as seen by increased goods and service tax collections and other metrics, Finance Minister Nirmala Sitharaman said...
Nov 12, 2020
Rolls-Royce sells 94% of new shares in 2 billion pound rights issue
LONDON (Reuters) - British engineering company Rolls-Royce said shareholders signed up for 94% of new shares it issued as part of a 2 billion pound ($2.64 billion) rights issue aimed at bolstering its...
Nov 12, 2020
France eyeing further aid to small-medium sized firms amid lockdown: Le Maire
PARIS (Reuters) - The French government is looking to provide further aid to small and medium-sized businesses hit by the current lockdown in the form of rental payment relief and tax credits, Economy...
Nov 12, 2020
Collapse in BTS label’s shares sparks South Korean soul searching over IPO process
By Cynthia Kim SEOUL (Reuters) - Big Hit Entertainment Co., the management label behind K-pop sensation BTS, debuted with a bang, but its dramatic crash after a pop on the first day of trading is caus...
Nov 12, 2020
Pandemic sends Emirates to half-year loss for first time over 30 years
DUBAI (Reuters) - Emirates airline said on Thursday it lost $3.4 billion in the first half of the year due to the coronavirus crisis, handing its holding company a half-year loss for the first time in...
Nov 12, 2020
UK economy grows by monthly 1.1% in September, slower than expected
LONDON (Reuters) - Britain's economy, which has struggled to maintain its recovery from its coronavirus lockdown crash, grew by a slower than expected 1.1% in September from August, even before the la...
Nov 12, 2020
Uniqlo revives Jil Sander tie-up in post-pandemic, upmarket push
By Ritsuko Ando TOKYO (Reuters) - Baggy pants and oversized t-shirts helped spare Japanese fashion brand Uniqlo from the steep coronavirus-led fall in sales that hit rival fashion chains such as H&M a...
Nov 12, 2020
Singaporeans snap up properties during worst ever recession
By Aradhana Aravindan and Chen Lin SINGAPORE (Reuters) - Singaporean Jason Chen recently bought a S$1.7 million ($1.26 million) three-bedroom apartment in a swanky condominium, upgrading his home in t...
Nov 12, 2020
Siemens beats industrial earnings forecast in CEO Joe Kaeser’s swansong
ZURICH (Reuters) - German engineering group Siemens on Thursday reported better-than-expected profit at its industrial business in the final set of results overseen by long-standing Chief Executive Jo...
Nov 12, 2020
