Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
‘This could be the one that gets me,’ says oilfield service veteran
By Liz Hampton (Reuters) - Tim Harris was preparing to relocate for an assignment with energy services firm Halliburton Co for the fifth time in 15 years when his career came to a halt. A third-genera...
May 26, 2020
Uber-rival Bolt raises 100 million euros
By Tarmo Virki TALLINN (Reuters) - Ride-hailing service Bolt said on Tuesday it has raised 100 million euros ($109 million) from London-based investment firm Naya Capital Management in a deal valuing ...
May 26, 2020
Chile’s LATAM Airlines files for U.S. Chapter 11 bankruptcy protection
(Reuters) - LATAM Airlines Group SA said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and the United States have filed for Chapter 11 bankruptcy protection in the U.S. L...
May 25, 2020
China says banks’ bad loans at high level due to virus, credit risks accumulate: statement
BEIJING (Reuters) - China's banking and insurance regulator said on Tuesday that bad loans at banks now stand at a high level due to the impact of the coronavirus pandemic. Asset quality at smaller ba...
May 25, 2020
Chinese minister says Australia regularly launches trade cases
By Kirsty Needham SYDNEY (Reuters) - China has responded to concern its decision to impose heavy tariffs on Australian barley was retaliation for a diplomatic dispute, saying Australia had launched 10...
May 25, 2020
U.S. drilling industry says offshore ban would crush jobs, government revenues
(Reuters) - A U.S. ban on new offshore drilling in the Gulf of Mexico, which presidential hopeful Joe Biden promised to enact if elected, would lead to hundreds of thousands of job losses and billions...
May 25, 2020
Indian stocks’ performance this year to be worst since 2011: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) - Indian stocks will not recoup this year's losses anytime soon and 2020 will mark the worst annual performance in nine years on fears of a deep downturn in the e...
May 25, 2020
Daimler to invest in Chinese EV battery maker Farasis’ $480 million IPO: sources
By Zhang Yan and Julie Zhu BEIJING/HONG KONG (Reuters) - Daimler AG plans to invest in Farasis Energy's planned $480 million IPO, aiming to ensure a stable supply of batteries from the Chinese firm as...
May 25, 2020
Exclusive: Cathay Pacific’s brand merger hits roadblock from China’s aviation regulator – sources
By Jamie Freed SYDNEY (Reuters) - China's aviation regulator may make it difficult for Hong Kong's Cathay Pacific Airways Ltd to merge regional arm Cathay Dragon into its main brand because of infract...
May 25, 2020
India first quarter GDP growth likely to be weakest since 2012: Reuters poll
By Vivek Mishra BENGALURU (Reuters) - India's economy is likely to have expanded at its slowest pace in at least eight years in the January-March quarter, partly as a result of the coronavirus clampdo...
May 25, 2020
