Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
TUIfly confirms to halve fleet size as starts union talks
FRANKFURT (Reuters) - Tour operator TUI's TUIfly said on Thursday it will halve the size of its fleet of aircraft as part of a restructuring which has been accelerated by the coronavirus crisis, confi...
Jun 18, 2020
Bank of Canada says economy facing prolonged, uneven recovery
The Bank of Canada sees the Canadian economy facing a prolonged and uneven recuperation with households remaining cautious with their spending until there is a vaccine for COVID-19, Deputy Governor La...
Jun 18, 2020
Corporate Canada joins travel industry’s push to ease COVID-19 air curbs
(Reuters) - A group of 27 leading executives added to calls for Canada to ease coronavirus-led air restrictions in a letter published in the country's Globe and Mail newspaper on Thursday. The move le...
Jun 18, 2020
U.S. EPA receives 52 new petitions for retroactive biofuel blending waivers
NEW YORK (Reuters) - The U.S. Environmental Protection Agency has received 52 new petitions for retroactive biofuel blending waivers that, if granted, would help bring oil refiners into compliance wit...
Jun 18, 2020
LATAM Airlines says operations to plunge 50% by year’s end
SANTIAGO (Reuters) - LATAM Airlines Chief Executive Roberto Alvo said on Thursday he expects the regions largest carrier to be operating at half of pre-pandemic levels by the end of 2020, and that a f...
Jun 18, 2020
Ford’s redesigned F-150 pickup will offer greater connectivity, sleeper seat
By Ben Klayman DETROIT (Reuters) - Ford Motor Co next week will show the next generation of its brawny F-150 pickup truck that offers a new sleeper-seat feature and over-the-air software updates in a ...
Jun 18, 2020
U.S. refiners aim to lock in crude volumes after getting burned by shut-ins: sources
By Devika Krishna Kumar NEW YORK (Reuters) - U.S. refiners and other buyers of crude oil are reworking some of their supply contracts to guarantee volumes after many were cut off unexpectedly when a p...
Jun 18, 2020
Sudan approves plan to liquidate, privatise state firms
KHARTOUM (Reuters) - A Sudanese committee chaired by Prime Minister Abdalla Hamdok approved a plan on Thursday to liquidate many of the country's 650 state-owned companies and privatise others. It is ...
Jun 18, 2020
Colombia economy contracts 20.06% in April as coronavirus bites
BOGOTA (Reuters) - Colombia's economy contracted 20.06% in April versus the same month a year ago as the country weathered the effects of a national coronavirus lockdown, the government's statistics a...
Jun 18, 2020
Portugal pushes ahead with plans for state-owned development bank
LISBON (Reuters) - Portugal's government approved on Thursday plans to create a state-owned development bank to channel funds into certain companies and sectors to bolster the economy. The plan comes ...
Jun 18, 2020
