Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Brazil’s power distributors say $2.9 billion loan not enough to make up for COVID-19 losses
By Luciano Costa SAO PAULO (Reuters) - A 16 billion-real ($2.93 billion) loan designed by Brazilian government to support power distribution companies cope with the coronavirus crisis is not enough to...
Jun 30, 2020
U.N. backs changes to aviation emissions scheme in boost for airlines
MONTREAL (Reuters) - A UN agency agreed on Tuesday to change a landmark aviation emissions scheme, in a boost for airlines that said they could face billions of dollars in costs under the current deal...
Jun 30, 2020
Wanted for graft, ex-Pemex boss to be extradited to Mexico from Spain
MEXICO CITY (Reuters) - The former chief executive of Mexican state oil company Petroleos Mexicanos, Emilio Lozoya, has agreed to be extradited from Spain to Mexico to stand trial on corruption charge...
Jun 30, 2020
Canada’s Cirque du Soleil receives court protection from creditors
By Allison Lampert MONTREAL (Reuters) - Canada's once high-flying Cirque du Soleil Entertainment Group on Tuesday received initial protection from its creditors in a Quebec court, after the COVID-19 p...
Jun 30, 2020
UAW leader, U.S. prosecutor discuss independent oversight for union
By Nick Carey DETROIT (Reuters) - The United Auto Workers' president met on Tuesday with the U.S. prosecutor heading a federal investigation into corruption at the union, and the two said they discuss...
Jun 30, 2020
UBS loses Australian equities crown to Macquarie
By Scott Murdoch HONG KONG (Reuters) - UBS, long the dominant bank in Australian equities markets, has closed this half-year outside the top three for the first time in 15 years, even as a rush of cor...
Jun 30, 2020
Bolsonaro signs decree extending emergency aid to Brazilians
BRASILIA (Reuters) - Brazilian President Jair Bolsonaro on Tuesday signed a presidential decree to extend an emergency monthly stipend of 600 reais ($110) to informal workers for two more months to he...
Jun 30, 2020
FedEx declines to issue 2021 forecast after profit falls
LOS ANGELES (Reuters) - U.S. package delivery company FedEx Corp said it would not issue a 2021 forecast after its fiscal fourth quarter adjusted profit tumbled amid a deadly pandemic that is upending...
Jun 30, 2020
Brazil’s Guedes says government to make two more payments of 600 reais to informal workers
BRASILIA (Reuters) - Brazil's economy minister Paulo Guedes said on Tuesday that the government will officially extend a 600-real per month emergency aid to informal workers for two more months, but p...
Jun 30, 2020
Canadian province Manitoba cuts deficit forecast to C$2.9 billion
WINNIPEG, Manitoba (Reuters) - The Canadian province of Manitoba forecast on Tuesday a fiscal year deficit of C$2.9 billion ($2.13 billion), down from an earlier estimate of C$5 billion, as the spread...
Jun 30, 2020
