Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Virus crisis has not delayed merger plans between Fiat Chrysler and PSA, Elkann says
MILAN (Reuters) - The COVID-19 crisis has not delayed plans to finalise a merger between Fiat Chrysler and Peugeot maker PSA to create the world's fourth largest carmaker by the first quarter of next ...
Syndicated Content Jun 26, 2020
Policyholders to join UK watchdog in case against insurers
By Carolyn Cohn LONDON (Reuters) - Hiscox , QBE and Aviva policyholders can join Britain's markets watchdog in a High Court case to decide which insurers should pay out to businesses shut by the coron...
Syndicated Content Jun 26, 2020
American Airlines to stop limiting seat capacity on flights from July 1
(Reuters) - American Airlines said on Friday it would stop limiting the number of seats it sells on each flight from July 1. The U.S. carrier also said tickets for travel through September 30 would no...
Syndicated Content Jun 26, 2020
Luckin shares to be suspended on Monday
(Reuters) - Luckin Coffee Inc said on Friday Nasdaq Inc notified the Chinese coffee chain that its shares would be suspended at the open on Monday. Luckin's shares, which have lost more than 85% of th...
Syndicated Content Jun 26, 2020
U.S. auto sales expected to continue their recovery in June: J.D. Power, LMC Automotive
(Reuters) - U.S. auto sales are expected to continue their recovery in June following a collapse in April, as coronavirus-led lockdown restrictions ease and buyers slowly return to the market, industr...
Syndicated Content Jun 26, 2020
Tesco investors vote down directors’ pay report
LONDON (Reuters) - Tesco , Britain's largest retailer, on Friday became the latest big company to be hit by investor anger over executive pay after shareholders at its annual meeting voted down its re...
Syndicated Content Jun 26, 2020
New York court subpoenas Etihad, Fitch in $1.2 billion debt battle
By Davide Barbuscia DUBAI (Reuters) - A New York court has sent subpoenas to Etihad and ratings agency Fitch this week seeking a document at the centre of a battle over $1.2 billion in debt issued by ...
Syndicated Content Jun 26, 2020
U.S. consumer spending rebounds in May
WASHINGTON (Reuters) - U.S. consumer spending rebounded sharply in May, but the gains are not likely to be sustainable, with income dropping and expected to decline further as millions lose their unem...
Syndicated Content Jun 26, 2020
Take Five: World stocks’ 2020 rollercoaster ride rumbles on
1/HALF TIME World stocks have been on a rollercoaster ride in the first half of 2020. Having slumped 35% from Feb. 20 to March 23, they are now within 10% of February's record highs thanks to lashings...
Syndicated Content Jun 26, 2020
Navistar names Persio Lisboa as CEO
(Reuters) - Navistar International Corp named insider Persio Lisboa as its chief executive officer, effective July 1, the U.S. truck maker said on Friday. Lisboa, a 32-year veteran with the company, i...
Syndicated Content Jun 26, 2020
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