Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Netherlands wants loans for EU recovery, Germany favours grants
BERLIN/AMSTERDAM (Reuters) - The Netherlands insists that the planned European Recovery Fund should hand out financial aid for virus-hit member states only as loans rather than grants that would not h...
May 26, 2020
JPMorgan CEO: bank will again boost credit reserves in second quarter
NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Tuesday that he expects the bank to take another significant credit reserve build in the second quarter that is "ro...
May 26, 2020
UK to stop new workers joining furlough scheme: FT
LONDON (Reuters) - Britain's government will soon stop new workers joining the 8 million who have already been put on temporary publicly funded leave by their employers, the Financial Times reported o...
May 26, 2020
Fund manager GMO reduces equity exposure after rebound
LONDON (Reuters) - Money manager GMO has cut exposure to equities in some of its multi-asset funds, it said on Tuesday, saying the rebound in stock prices over the past month may have been overly swif...
May 26, 2020
Apple to reopen about 100 stores in U.S., most with curbside pickup
(Reuters) - Apple Inc said on Tuesday that it plans to reopen about 100 stores in the United States, most with curbside pickup but some with walk-in service. Apple shuttered stores around the world as...
May 26, 2020
Austrian Airlines, government agree financing package: Kurier
VIENNA (Reuters) - Austria's government and Lufthansa-owned carrier Austrian Airlines on Tuesday reached agreement on loans for the airline and to keep Vienna airport as a long-haul hub, a major step ...
May 26, 2020
BMW to begin gradual restart in San Luis Potosi, Mexico on May 27
MEXICO CITY (Reuters) - German carmaker BMW said on Tuesday it would begin a gradual restart of operations at its plant in the central Mexican state of San Luis Potosi on Wednesday, May 27. The compan...
May 26, 2020
Intesa gives preliminary OK to 6.3 billion euro state-backed loan for FCA: source
MILAN (Reuters) - Italy's biggest retail bank Intesa Sanpaolo gave its preliminary approval to a state-backed 6.3 billion euro ($6.9 billion) three-year loan for Fiat Chrysler's Italian unit, a source...
May 26, 2020
Kudlow says Trump is so ‘miffed’ with China that trade deal is not as important to him
WASHINGTON (Reuters) - White House adviser Larry Kudlow said in a Fox News interview on Tuesday that President Donald Trump is so "miffed" with Beijing over the novel coronavirus and other matters tha...
May 26, 2020
New York governor to meet with U.S. President Trump, talk infrastructure spending
(Reuters) - New York Governor Andrew Cuomo said he would travel to Washington to meet with President Donald Trump on Wednesday and planned to discuss major investments in infrastructure as a way to ju...
May 26, 2020
