Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Japan’s economy shrinks more than expected in second quarter, heightens woes for new leader
By Leika Kihara and Daniel Leussink TOKYO (Reuters) - Japan's economy shrank more than initially estimated in the second quarter as capital expenditure took a hit from the coronavirus crisis, highligh...
Sep 07, 2020
Dollar hangs on as traders turn to ECB; Brexit wobbles hit sterling
By Tom Westbrook SINGAPORE (Reuters) - The dollar held on to small overnight gains on Tuesday as investors weighed whether an accommodative turn from the European Central Bank later this week could hi...
Sep 07, 2020
Japan’s July household spending falls 7.6% year-on-year
TOKYO (Reuters) - Japanese household spending fell 7.6% in July from a year earlier, government data showed on Tuesday, compared with a median market forecast for a 3.7% decline. To view the data on t...
Sep 07, 2020
Japan real wages decline for fifth month in July as pandemic woes persist
By Daniel Leussink TOKYO (Reuters) - Japan's real wages fell for the fifth straight month in July, the government said on Tuesday, pointing to possible deeper strains ahead for consumer spending as th...
Sep 07, 2020
Mexico raises gross debt limit to 70% for rest of president’s term
By Abraham Gonzalez MEXICO CITY (Reuters) - Mexico has raised a non-binding limit for gross debt to 70% of gross domestic product (GDP), almost 20 percentage points above last year's level, for the re...
Sep 07, 2020
UK funds see record $1.6 billion outflows June-August on no-deal Brexit fears: Calastone
LONDON (Reuters) - UK-focused equity funds saw record outflows of 1.2 billion pounds ($1.58 billion) over the past three months as investors worry about a no-deal Brexit and the impact of the coronavi...
Sep 07, 2020
IAG airline’s Walsh hands control to Gallego with crisis in mid-air
By Paul Sandle LONDON (Reuters) - Willie Walsh will pass the controls of IAG to Luis Gallego at the British Airways and Iberia owner's annual meeting on Tuesday, where shareholders will be asked to st...
Sep 07, 2020
Big trade houses see persisting oil stocks bubble
By Julia Payne GENEVA (Reuters) - Trading firms enjoyed an unprecedented boom in the first half of 2020 due to extreme volatility caused by the COVID-19 pandemic but the market's direction now looks l...
Sep 07, 2020
Staycations and home office equipment boost UK spending in August
LONDON (Reuters) - British consumers increased their spending again in August as they went on "staycation" holidays, bought equipment for working from home and went back to shops to buy clothes, surve...
Sep 07, 2020
UK recovery from lockdown deserves more credit: BoE’s Haldane
LONDON (Reuters) - The Bank of England's chief economist Andy Haldane hailed the recovery in Britain's economy from its coronavirus lockdown shock, striking a more upbeat tone than several of his coll...
Sep 07, 2020
