Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Macy’s beats quarterly sales expectations on online boost
(Reuters) - Macy's Inc reported better-than-expected quarterly sales on Wednesday, as shoppers stuck indoors due to the COVID-19 pandemic bought more apparel using the department store chain's app and...
Sep 02, 2020
Virgin Atlantic set to seal rescue deal after London judge’s ruling
LONDON (Reuters) - Virgin Atlantic's 1.2 billion pound ($1.60 billion) rescue deal is set for completion this week after a London judge sanctioned the airline's restructuring plan in a court hearing o...
Sep 02, 2020
Ukraine’s central bank to keep rates at 6% after wage hike: Reuters Poll
KYIV (Reuters) - Ukraine's central bank is likely to keep its key interest rate at the current level of 6% as it anticipates that a rise in the minimum wage will cause inflation to speed up in coming ...
Sep 02, 2020
Coffee, donuts and Spic and Span: P&G finds new ways to plug products amid pandemic
By Richa Naidu and Hilary Russ CHICAGO/NEW YORK (Reuters) - Germ-conscious in the pandemic era but still craving a donut and coffee? Procter & Gamble, which has already teamed up with Dunkin' Brands t...
Sep 02, 2020
China says it will keep prudent monetary policy appropriate and flexible
BEIJING (Reuters) - China will keep its prudent monetary policy appropriate and flexible, state radio quoted the cabinet as saying on Wednesday. China will guide more credit to the real economy, avoid...
Sep 02, 2020
Tech sector tightens its grip over Europe’s stock markets
By Julien Ponthus and Danilo Masoni LONDON/MILAN (Reuters) - Surging technology stocks are increasing their influence over European stock markets, with Prosus poised to snatch a key spot in the contin...
Sep 02, 2020
Netflix to launch Russian version service: local partner
MOSCOW (Reuters) - Streaming giant Netflix and Russia's National Media Group (NMG) have set up a partnership to run the U.S. group's Russian service, NGM said in a statement on Wednesday. Netflix's in...
Sep 02, 2020
Deutsche Boerse wants power to name and shame in Wirecard’s wake
FRANKFURT (Reuters) - Germany's exchange operator wants the power to name and shame companies in the wake of the Wirecard scandal, the chief of Deutsche Boerse said on Wednesday. Theodor Weimer, outli...
Sep 02, 2020
Tech stocks boost futures ahead of private payrolls data
By Medha Singh (Reuters) - S&P 500 futures rose on Wednesday for the ninth time in past ten sessions helped by a rally in tech stocks, as focus turns to economic data that is likely to show a jump in ...
Sep 02, 2020
Norway’s interest rate unlikely to go negative: deputy central bank head
OSLO (Reuters) - The Norwegian central bank's monetary policy committee is unlikely to adopt negative interest rates as a means of stimulating the economy, Deputy Governor Ida Wolden Bache said on Wed...
Sep 02, 2020
