Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK finance minister Sunak sees promising signs after record GDP hit
LONDON (Reuters) - British finance minister Rishi Sunak said there were some "promising signs" that the country's economy was recovering from its record economic crash during the coronavirus lockdown ...
Aug 12, 2020
Telecoms lift European stocks after Sunrise buyout offer
(Reuters) - Telecoms stocks boosted European bourses on Wednesday following Liberty Global's takeover offer for Sunrise Communications, while London's FTSE 100 gained on bets of domestic stimulus afte...
Aug 12, 2020
U.S. shoes company Skechers opens flagship Paris store
PARIS (Reuters) - Skechers has opened a new flagship store in Paris, on the city's well-known Rue de Rivoli, near the Louvre and other major tourist sites, the U.S. trainers and shoes company said on ...
Aug 12, 2020
China’s Tencent starts fund advisory services to tap asset management
SHANGHAI (Reuters) - Chinese tech giant Tencent Holding is making forays into fund advisory services, vying for a share of the potentially lucrative market with rival Alibaba Group Holding Ltd , which...
Aug 12, 2020
Apple supplier Foxconn posts better-than expected second quarter profit
TAIPEI (Reuters) - Foxconn, the world's largest contract electronics manufacturer , reported a better-than-expected quarterly profit on Wednesday, as rising telecommuting demand amid the coronavirus p...
Aug 12, 2020
UK economic output collapses by 20.4% in second quarter
LONDON (Reuters) - Britain's economy shrank by a record 20.4% between April and June, when the coronavirus lockdown was tightest, the largest contraction reported by any major economy so far, official...
Aug 12, 2020
Column: Markets second-guess policy rollback – Mike Dolan
By Mike Dolan LONDON (Reuters) - The once resolute "whatever it takes" message of government support for pandemic-hit economies is fraying at the margins as some recovery from the COVID-19 shock emerg...
Aug 12, 2020
Ticking Timebomb? Thousands of Australian mortgages propped up by virus benefits
By Byron Kaye SYDNEY (Reuters) - Nearly 20,000 Commonwealth Bank of Australia mortgages are held by people receiving jobless benefits due to COVID-19, raising concerns for the economy of possible forc...
Aug 12, 2020
Britons worry increasingly about job security, survey shows
LONDON (Reuters) - People in Britain are increasingly worried about losing their jobs as the country's economy struggles to cope with the impact of the coronavirus pandemic, a survey published on Wedn...
Aug 12, 2020
Kodak raised spending on lobbying government in months before loan awarded
By Kanishka Singh (Reuters) - Eastman Kodak Co increased spending on lobbying the U.S. government in the months before the Trump administration announced a $765 million loan to the photographic equipm...
Aug 11, 2020
