Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed posts fee schedule for Municipal Liquidity Facility
(Reuters) - The New York Federal Reserve Bank on Thursday posted a schedule of fees to be paid to BLX LLC, the administrative agent for its Municipal Liquidity Facility, the $500 billion borrowing pro...
May 28, 2020
Japan’s jobless rate rises to 2.6% in April: government
TOKYO (Reuters) - Japan's jobless rate rose and the availability of jobs fell in April, government data showed on Friday. The seasonally adjusted unemployment rate was 2.6% in April, up from 2.5% in M...
May 28, 2020
California regulator approves PG&E’s Chapter 11 reorganization plan
(Reuters) - Power regulator California Public Utilities Commission (CPUC) has approved PG&E Corp's Chapter 11 reorganization plan, the San Francisco-based utility company said on Thursday. (Reporting ...
May 28, 2020
South Korea’s April factory output shrinks most since 2008
SEOUL (Reuters) - South Korea's factory output shrank at its sharpest pace in more than 11 years in April, official data showed on Friday, as a spike in the number of coronavirus infections and lockdo...
May 28, 2020
Sainsbury’s new boss Roberts faces unexpected in-tray
By James Davey LONDON (Reuters) - When Sainsbury's new boss Simon Roberts hosts a virtual focus group with supermarket shoppers on his first day in charge on Monday, the conversation will be radically...
May 28, 2020
UK business confidence matches 2008 low in May: Lloyds Bank
LONDON (Reuters) - British business confidence fell to its lowest since the 2008 financial crisis in May, according to a survey for Lloyds Bank which contrasts with other surveys which have shown a sm...
May 28, 2020
UK car output could fall to lowest level in decades after virus hit
LONDON (Reuters) - British car production could slump this year to the lowest level in decades after the coronavirus pandemic forced factories to close and hit demand, according to an industry body. J...
May 28, 2020
Westpac says institutional bank chief to retire
(Reuters) - Australia's Westpac Banking Corp said on Friday the head of its institutional bank was retiring from the lender, adding to a string of management changes since a major money laundering sca...
May 28, 2020
GM to increase North America vehicle production
(Reuters) - General Motors said on Thursday it would start increasing vehicle production in North America from next week to meet rising demand. Starting June 1 , three of the company's crossover assem...
May 28, 2020
Brazil central bank chief worried credit not flowing freely
BRASILIA (Reuters) - Brazil's central bank president, Roberto Campos Neto, said on Thursday he is worried that credit is not getting to small and medium-sized companies, and expressed skepticism on cu...
May 28, 2020
