Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fiji Airways to cut more than half its staff, seek aircraft payment deferrals
SYDNEY (Reuters) - South Pacific carrier Fiji Airways said on Monday it would cut 51% of its staff permanently as it negotiates with lenders and aircraft lessors for payment deferrals and seeks to arr...
May 24, 2020
Trudeau asks bank CEOs for views on economy, COVID-19 relief – Globe and Mail
(Reuters) - Canadian Prime Minister Justin Trudeau has spoken to the heads of the country's six big banks to get their views on the state of the economy and the COVID-19 relief efforts, the Globe and ...
May 24, 2020
China’s Great Wall expects mild domestic auto sales growth in second half
BEIJING (Reuters) - Great Wall Motor expects China's overall auto sales in the second half this year to return to the same level as last year, its president said, as the world's biggest auto market re...
May 24, 2020
Asian shares tick up, eyes on China-U.S. trade relations
SYDNEY (Reuters) - Asian shares started cautiously on Monday as central bank largesse globally boosted sentiment but rising trade tensions between the world's two biggest economies dulled risk appetit...
May 24, 2020
Dollar edges higher as Hong Kong tensions fuel safe-haven demand
By Stanley White TOKYO (Reuters) - The dollar edged higher on Monday as worries about a standoff between the United States and China over civil liberties in Hong Kong fuelled demand for safe-haven cur...
May 24, 2020
Australia won’t make ‘wholesale changes’ to wage subsidies: treasurer
SYDNEY (Reuters) - Australia has no plans to make "wholesale changes" to its coronavirus wage subsidy scheme, after reporting errors revised the total cost estimates to the programme by around A$60 bi...
May 24, 2020
Coronavirus could cost Mexico a million jobs: president
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Sunday that the novel coronavirus could cost as many as a million jobs in the country as many industries considered not es...
May 24, 2020
In China’s auto market, worries grow that cashback deals and gifts presage damaging price war
By Yilei Sun and Brenda Goh HANGZHOU, China/SHANGHAI (Reuters) - Cashback offers, up to 10 free oil changes, generous prepaid gasoline cards - these are just some of the giveaways China's auto dealers...
May 24, 2020
Japan eyeing second extra budget worth over $929 billion: Nikkei
TOKYO (Reuters) - Japan's government is considering compiling a second extra budget for the current fiscal year worth over 100 trillion yen ($929.45 billion) to combat the economic fallout from the co...
May 24, 2020
UK’s Sunak authorises bailout plan to rescue strategically important companies: FT
(Reuters) - British Finance Minister Rishi Sunak has authorised a bailout plan to rescue companies that are seen as strategically important, with the state expected to buy stakes in crucial businesses...
May 24, 2020
