Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
South Asia faces worst ever recession, tipping millions into poverty: World Bank
NEW DELHI (Reuters) - Millions of people in South Asia are being pushed into extreme poverty as the region where a quarter of humanity lives suffers its worst-ever recession due to the devastating imp...
Oct 08, 2020
Bank of England’s Bailey urges banks to tap capital buffers
By Huw Jones LONDON (Reuters) - Banks should not be uneasy about dipping into their capital buffers to keep lending to the coronavirus-hit economy, Bank of England Governor Andrew Bailey said on Thurs...
Oct 08, 2020
Mohegan-led consortium offers 150 million euros for Greek casino licence
ATHENS (Reuters) - A consortium led by U.S. casino operator Mohegan Gaming & Entertainment [MOTGA.UL] has offered 150 million euros ($176 million) for a licence to build and operate a luxury casino re...
Oct 08, 2020
ECB has to use available tools as pandemic hits inflation, de Guindos says
FRANKFURT (Reuters) - The European Central Bank has to use the tools at its disposal as the coronavirus pandemic depresses inflation expectations and an incipient recovery loses steam, ECB vice presid...
Oct 08, 2020
French appeals court confirms antitrust body’s order to Google
PARIS (Reuters) - A French appeals court on Thursday confirmed the country's antitrust authority's order to U.S. tech firm Google to pay French publishing companies and news agencies for their content...
Oct 08, 2020
Cash no longer king in Italy as COVID helps government push for plastic
By Elisa Anzolin and Gavin Jones ROME/MILAN (Reuters) - Italy's love affair with cash is fading. The coronavirus is turning Italians off notes and coins and the government is launching a raft of incen...
Oct 08, 2020
Bank of England’s Bailey says risks are very much to the downside
LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Thursday that risks to Britain's economy were "very much to the downside" as it tries to recover from the coronavirus crisis. Bailey t...
Oct 08, 2020
UK parliament committee says Huawei colludes with the Chinese state
LONDON (Reuters) - The British parliament's defence committee said on Thursday that it had found clear evidence that telecoms giant Huawei had colluded with the Chinese state and said Britain may need...
Oct 08, 2020
European shares near three-week high on U.S. stimulus hopes
(Reuters) - European stocks resumed gains on Thursday, inching closer to a three-week high on expectations of a targeted U.S. stimulus package as well as positive corporate updates. The pan-European S...
Oct 08, 2020
Danske Bank to cut 1,600 jobs in next 6-12 months
COPENHAGEN (Reuters) - Danske Bank said on Thursday it will cut up to 1,600 jobs in the next 6-12 months as part of a cost-reduction programme that runs to 2023. Denmark's biggest bank is trying to ge...
Oct 08, 2020
