Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
NY Fed selects Eaton Vance Management to serve as credit risk service provider for municipal facility
NEW YORK (Reuters) - The New York Federal Reserve selected Eaton Vance Management to serve as credit risk service provider for the municipal liquidity facility. Read more about the facility here https...
Jun 08, 2020
El Al extends unpaid leave, says can’t resume without bailout
JERUSALEM (Reuters) - El Al Israel Airlines on Monday extended unpaid leave for 5,800 workers until July 31 and said that without state aid it will not be able to resume operations once the country's ...
Jun 08, 2020
European corporate default rate to spike: S&P Global
LONDON (Reuters) - Europe's speculative-grade corporate default rate is expected to more than treble to 8.5% by next March rating S&P Global said on Monday, though in a more pessimistic scenario it co...
Jun 08, 2020
Dunkin’ franchisees to hire up to 25,000 workers as U.S. states reopen
(Reuters) - Dunkin', a unit of Dunkin' Brands Group Inc , said on Monday its franchisees are seeking to hire up to 25,000 workers as it prepares for higher demand, with U.S. states reopening after mon...
Jun 08, 2020
World Bank says coronavirus to shrink 2020 global output by 5.2%
WASHINGTON (Reuters) - The coronavirus will cause global economic output to contract by 5.2% in 2020, the World Bank said on Monday, warning that its latest forecasts would be revised downward if unce...
Jun 08, 2020
U.S. consumers grew slightly more optimistic about jobs and earnings in May
By Jonnelle Marte (Reuters) - U.S. consumers felt slightly more optimistic about their finances and job security in May as businesses began to reopen and rehire workers following the easing of coronav...
Jun 08, 2020
Elanco wins conditional EU antitrust okay for $7.6 billion Bayer deal
BRUSSELS (Reuters) - Elanco Animal Health secured EU antitrust clearance on Monday to buy Bayer's veterinary drugs unit after pledging to sell some products to address competition concerns about the $...
Jun 08, 2020
Black, minority Britons hit hardest by COVID job losses, researchers say
LONDON (Reuters) - Black, Asian and minority ethnic (BAME) people in Britain have been hit harder by job losses during the coronavirus crisis than the population as a whole, researchers have found. Th...
Jun 08, 2020
UK faces unprecedented labour market inactivity, says BoE’s Haldane
LONDON (Reuters) - Britain is suffering from what looks like a record level of inactivity in its labour market because of the huge numbers of people on furlough or facing unemployment due to COVID-19,...
Jun 08, 2020
Exclusive: India plans to hike edible oil import taxes to boost local supply, sources say
By Aftab Ahmed and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) - India is considering raising import taxes on edible oils as the country seeks to become self-reliant by boosting local oilseed productio...
Jun 08, 2020
