Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
German engineering sector sees production growing by 2% in 2021: VDMA
BERLIN (Reuters) - German engineering firms expects production to decline by 17% this year before growing by 2% in 2021 due to the impact of the coronavirus pandemic and protectionism in international...
Sep 08, 2020
Indian economy projected to contract 11.8% year on year, Fitch domestic arm says
NEW DELHI (Reuters) - India's economy is projected to contract 11.8% on the year in the current fiscal year beginning from April, before bouncing back in the next fiscal, India Ratings and Research, a...
Sep 08, 2020
Norway’s economy grew less than expected in July
OSLO (Reuters) - The Norwegian economy grew less than expected in July as the recovery from the coronavirus pandemic slowed down, Statistics Norway (SSB) data showed on Tuesday. The mainland economy, ...
Sep 08, 2020
Global economy seeing sharper V recovery, raising case for inflation: Morgan Stanley
TOKYO (Reuters) - The global economy is likely to recover to pre-pandemic levels by early next quarter, about three months earlier than previously expected, economists at Morgan Stanley said. "The evi...
Sep 08, 2020
German exports rise in July but far below pre-crisis level
BERLIN (Reuters) - German exports rose by 4.7% in July, data published on Tuesday showed, signalling that Germany's economic recovery from the coronavirus crisis remains on track, though shipments abr...
Sep 08, 2020
Slim majority of economists bet on Malaysia central bank rate cut this week: Reuters poll
By Joseph Sipalan KUALA LUMPUR (Reuters) - Economists are split on whether Malaysia's central bank will cut interest rates this week, with a slim majority in a Reuters poll betting on a rate reduction...
Sep 08, 2020
How bitcoin met the real world in Africa
By Alexis Akwagyiram and Tom Wilson LAGOS/LONDON (Reuters) - Four months ago, Abolaji Odunjo made a fundamental change to his business selling mobile phones in a bustling street market in Lagos: He st...
Sep 08, 2020
France’s INSEE confirms forecast of 9% GDP drop in 2020
PARIS (Reuters) - France's INSEE official statistics agency confirmed on Tuesday a forecast of a 9 percent drop in gross domestic product (GDP) in 2020 due to the coronavirus pandemic. French economic...
Sep 08, 2020
China’s new yuan loans set to rise in Aug, keep economy on recovery path: Reuters poll
BEIJING (Reuters) - China's new bank loans are expected to have risen in August from the previous month, as the central bank sought to keep liquidity flush to support embattled smaller companies and b...
Sep 08, 2020
ByteDance to hand out cash bonuses to staff amid U.S. pressure on TikTok
By Yingzhi Yang and Brenda Goh BEIJING/SHANGHAI (Reuters) - TikTok owner ByteDance said on Tuesday it would hand out cash bonuses to employees working to help it "overcome challenges posed by the COVI...
Sep 08, 2020
