Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: Banks in Singapore in talks to bolster lending practices for troubled commodity sector
By Roslan Khasawneh, Jessica Jaganathan and Anshuman Daga SINGAPORE (Reuters) - Commodity trade financiers in Singapore are teaming up to strengthen lending practices and improve transparency in the s...
Jul 02, 2020
Traders thought Apple had ‘the holy grail’ of oil data, but the quest continues
By Laura Sanicola NEW YORK (Reuters) - Every day, energy merchants collect and scrutinize whatever information they can find on fuel demand to get a trading edge: from satellite data tracking oil tank...
Jul 02, 2020
Energy Transfer digs in on North Dakota pipeline expansion despite oil slump, sources say
By Laila Kearney and Devika Krishna Kumar NEW YORK (Reuters) - U.S. pipeline company Energy Transfer has taken the rare step of invoking force majeure - normally used in times of war or natural disast...
Jul 02, 2020
Fed’s Bullard warns of a financial crisis amid pandemic: FT
(Reuters) - St. Louis Federal Reserve president James Bullard told the Financial Times that a wave of "substantial bankruptcies" triggered by the coronavirus pandemic could lead to a financial crisis....
Jul 01, 2020
Record U.S. job growth expected in June, but masks labor market weakness
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy likely created jobs at a record clip in June as more restaurants and bars resumed operations, which would offer further evidence that the COVI...
Jul 01, 2020
American Airlines warns it’s overstaffed by about 8,000 flight attendants
(Reuters) - American Airlines Group Inc warns it is overstaffed by about 8,000 flight attendants and might reduce its workforce through early retirements and voluntary leaves as the carrier looks to w...
Jul 01, 2020
U.S., EU advocacy groups warn against Google’s purchase of Fitbit
WASHINGTON (Reuters) - Twenty advocacy groups from the United States, Europe, Latin America and elsewhere signed a statement Wednesday urging regulators to be wary of Google's $2.1 billion bid for fit...
Jul 01, 2020
Emerging market forex pickup exposed to reversal after new coronavirus surge, Reuters poll shows
By Gabriel Burin, Vuyani Ndaba and Vivek Mishra BUENOS AIRES/JOHANNESBURG/BENGALURU (Reuters) - Emerging market currencies will likely give back recent gains if a resurgence of the coronavirus pandemi...
Jul 01, 2020
JetBlue, pilots union reach deal to avoid involuntary furloughs until May 2021: memo
(Reuters) - JetBlue Airways Corp and a labor union representing pilots, the Air Line Pilots Association (ALPA), have reached an agreement to avoid involuntary furloughs until May 1, 2021, according to...
Jul 01, 2020
Sterling seen up 4% in a year on optimism for EU-UK trade deal: Reuters poll
By Jonathan Cable LONDON (Reuters) - Sterling will gain towards the end of the year if Britain and the European Union (EU) thrash out a deal over future trade relations as most analysts expect, a Reut...
Jul 01, 2020
