Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
SAS resumes more flights, raising capacity to 30% of year-ago
STOCKHOLM (Reuters) - SAS said on Tuesday it would resume more routes next month, increasing capacity to nearly 30% of that in July 2019 as restrictions are relaxed and demand slowly returns. The Swed...
Jun 16, 2020
Norwegian Air to resume first foreign route after lockdown
OSLO (Reuters) - Norwegian Air will resume flights between Copenhagen and the Danish city of Aalborg from July 1, making it the carrier's first route outside Norway following the outbreak of the COVID...
Jun 16, 2020
Renault to cut 1,500 engineering jobs in France: union source
PARIS (Reuters) - French carmaker Renault plans to cut 1,500 engineering jobs in France, a trade union source told Reuters on Tuesday. The engineering job cuts are part of cost savings plans that Rena...
Jun 16, 2020
Money managers step warily around euro zone bank ‘value trap’
By Julien Ponthus LONDON (Reuters) - Euro zone bank stocks may have never been cheaper, but many long-term investors remain deeply wary of a sector labelled the ultimate 'value trap' after a decade of...
Jun 16, 2020
China’s economy may grow 3% in 2020, government researcher says
BEIJING (Reuters) - China's economy may grow 3% this year as the government ramps up policy support, said Zhang Ming, a researcher at the Chinese Academy of Social Sciences, a top government think tan...
Jun 16, 2020
U.S. health insurers may balk at paying for coronavirus antibody testing
By Caroline Humer NEW YORK (Reuters) - U.S. health insurers may balk at covering tests that look for coronavirus antibodies in some cases, arguing that employers or the government should foot a bill e...
Jun 16, 2020
Did elite David Boies law firm get a pandemic bailout? It’s a secret
By Caroline and Spiezio (Reuters) - When the U.S. government announced a multibillion-dollar bailout of struggling small businesses amid the coronavirus pandemic, one of the top U.S. law firms sensed ...
Jun 16, 2020
Futures jump on stimulus hopes ahead of retail sales report
By Medha Singh and Devik Jain (Reuters) - U.S. stock index futures jumped on Tuesday on hopes that aggressive fiscal and monetary stimulus would kick start an economy crushed by the COVID-19 pandemic,...
Jun 16, 2020
Volkswagen invests extra $200 million in U.S. battery company QuantumScape
BERLIN (Reuters) - Volkswagen is increasing its stake in U.S. company QuantumScape by up to $200 million to boost the development of solid-state battery technology that aims to increase the ranges of ...
Jun 16, 2020
Australia redeploys federal staff to manage wave of foreign investment
By Scott Murdoch and Byron Kaye HONG KONG/SYDNEY (Reuters) - Australia is pulling staff out of federal departments to help its foreign investment regulator manage a deluge of work since announcing tou...
Jun 16, 2020
