Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. money market assets increased in latest week: iMoneyNet
NEW YORK, May 20 (Reuters) - U.S. money market fund assets increased by $5.81 billion to $4.722 trillion in the week ended May 19, the Money Fund Report said on Wednesday. Taxable money market fund as...
May 20, 2020
Air France axes A380, Emirates seen cutting deliveries
By Alexander Cornwell and Tim Hepher DUBAI/PARIS (Reuters) - The world's largest airliner, the Airbus A380, took a step closer to the aviation archives on Wednesday as Air France said it would permane...
May 20, 2020
Fed policymakers pledged to act as appropriate, minutes show
By Howard Schneider and Lindsay Dunsmuir (Reuters) - Federal Reserve policymakers re-upped a pledge to keep interest rates near zero until they are confident the U.S. economy is on track to recovery, ...
May 20, 2020
Volkswagen admits car advert racist, apologises
BERLIN (Reuters) - Volkswagen withdrew on Wednesday an advert posted on its official Instagram page for its Golf cars that it admitted was racist and insulting, saying it would investigate how it came...
May 20, 2020
Bank of Canada says downward pressure on inflation likely once shutdown ends
By Kelsey Johnson and David Ljunggren OTTAWA (Reuters) - The Bank of Canada thinks there is likely to be downward pressure on inflation once coronavirus-related shutdowns are lifted, a senior official...
May 20, 2020
Lufthansa’s Austrian unit agrees savings package
VIENNA (Reuters) - Lufthansa's Austrian unit AUA has agreed a short-time work model and salary cuts of up to 15% with its on-board staff and 20% cost reductions with its suppliers and no longer sees i...
May 20, 2020
Trump administration abruptly postpones New Mexico oil and gas auction
(Reuters) - The Trump administration abruptly postponed an auction of oil and gas leases in New Mexico that had been scheduled to begin on Wednesday morning without providing a reason for the move. Bu...
May 20, 2020
Poor countries need more debt relief during pandemic, Germany’s Merkel says
BERLIN (Reuters) - Rich countries should help the world's poorest survive the coronavirus pandemic by keeping up development aid and mulling relief measures that go beyond a moratorium on debt payment...
May 20, 2020
Lebanon seeks foreign government-backed financing for power plants after default
By Tom Perry BEIRUT (Reuters) - Lebanon has turned to global power plant manufacturers including General Electric to arrange financing to build badly needed electricity capacity, hoping favourable ter...
May 20, 2020
BlackRock willing to lower ask on Argentine restructuring counter to 50-55 cents: source
LONDON (Reuters) - BlackRock Inc is willing to drop the ask in a debt restructuring proposal to the Argentine government to between 50-55 cents on the dollar and had made the suggestion to its credito...
May 20, 2020
