Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
A ‘new normal’ for employee benefits? What it could look like
By Chris Taylor NEW YORK (Reuters) - During the past year, there is a good chance that you and your priorities changed significantly. The things you used to think were important are not so important a...
Oct 06, 2020
Germany’s Scholz expects quick recovery in most parts of economy
BERLIN (Reuters) - German Finance Minister Olaf Scholz said on Tuesday he expected Europe's largest economy to recover quickly from the coronavirus crisis, though some sectors were likely to rebound f...
Oct 06, 2020
Central bank calls for political consensus to tackle COVID-19 in hotspot Spain
By Jess Aguado and Emma Pinedo MADRID (Reuters) - Bank of Spain governor Pablo Hernandez de Cos on Tuesday called for broad political and social consensus to cope with the economic fallout from the CO...
Oct 06, 2020
Allianz CEO says there are a lot of zombie companies but households are resilient
LONDON (Reuters) - Allianz CEO Oliver Baete said on Tuesday that a lot of "zombie companies" were surviving due to government support but that many private households were more resilient than some tho...
Oct 06, 2020
New pandemic wave could delay euro zone rebound, Lagarde says
FRANKFURT (Reuters) - A second wave of the coronavirus pandemic risks delaying the euro zone's economic recovery, European Central Bank President Christine Lagarde said on Tuesday. "We now fear that t...
Oct 06, 2020
Singapore’s Temasek establishes new asset manager overseeing $55 billion
SINGAPORE (Reuters) - Singapore state investor Temasek Holding [TEM.UL] said on Tuesday that it has established a new asset management group that will have combined assets under management of about S$...
Oct 06, 2020
Euro zone bank profitability collapses in second quarter, ECB says
FRANKFURT (Reuters) - Profitability among the euro zone's biggest banks collapsed in the second quarter even as lenders still managed to keep their stock of non performing loans down, the European Cen...
Oct 06, 2020
Australian casino billionaire James Packer agrees he sent ‘shameful’ email threats
By Byron Kaye SYDNEY (Reuters) - Australian casino billionaire James Packer on Tuesday acknowledged sending threatening emails in 2015 to an unnamed person with whom he was working on taking Crown Res...
Oct 06, 2020
EU wants a trade deal with Britain, but cannot exclude “no-deal”: Sefcovic
BRUSSELS (Reuters) - The European Union wants a trade deal with Britain, but, as time is running out to reach one, the bloc cannot exclude that it will be impossible to reach agreement before the end ...
Oct 06, 2020
Germany’s Scholz urges quick implementation of EU recovery funds as infections rise
BERLIN (Reuters) - German Finance Minister Olaf Scholz said on Tuesday that rising coronavirus infections across Europe were underlining the need to implement the agreed 750 billion euros of recovery ...
Oct 06, 2020
