Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. mortgage applications rise for sixth straight week
WASHINGTON (Reuters) - U.S. applications for home mortgages jumped last week, in a sixth straight weekly increase, suggesting the housing market could lead the economy's recovery from the novel corona...
May 27, 2020
Coronavirus pushes global credit rating downgrade threat to record high
By Marc Jones LONDON (Reuters) - The number of companies or countries at risk of having their credit ratings cut has been pushed to an all-time high by the coronavirus pandemic, S&P Global analysis sh...
May 27, 2020
OPEC+ must plan exit strategy: Kemp
By John Kemp LONDON (Reuters) - Saudi Arabia and its allies in the expanded OPEC+ group of oil-exporting nations have only just started to implement output cuts, so it might seem premature to start ta...
May 27, 2020
Exclusive: Google faces antitrust case in India over payments app – sources
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) - India's antitrust body is looking into allegations that Alphabet Inc's Google is abusing its market position to unfairly promote its mobile payment...
May 27, 2020
Futures climb as economic recovery hopes outweigh Sino-U.S. tensions
By Medha Singh (Reuters) - U.S. stock index futures advanced on Wednesday as hopes of an economic recovery eclipsed worries over simmering tensions between the United States and China. Unprecedented m...
May 27, 2020
China’s Chery Auto plans to sell cars in EU, United States: chairman
BEIJING (Reuters) - China's Chery Automobile, which has a manufacturing partnership with Jaguar Land Rover (JLR) , is planning to sell its own-branded cars in the European Union and United States for ...
May 27, 2020
Hugo Boss sees recovery in third quarter at earliest
BERLIN (Reuters) - Hugo Boss expects a recovery in its business in the third quarter at the earliest due to store closures and consumer caution during the coronavirus pandemic, the chief executive of ...
May 27, 2020
UK jobs furlough scheme coverage rises to 8.4 million jobs: Treasury
LONDON (Reuters) - Britain's finance ministry said the number of jobs covered by its wage subsidy scheme for temporarily laid-off workers rose to 8.4 million workers as of May 24, up from 8 million a ...
May 27, 2020
Huawei Meng’s U.S. extradition case hinges on key ruling in Canada on Wednesday
By Moira Warburton and Tessa Vikander TORONTO/VANCOUVER (Reuters) - A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Chief Financial Officer Meng Wanzhou's extradition to th...
May 27, 2020
Ryanair CEO reports surge in holiday bookings, sees UK dropping quarantine
DUBLIN (Reuters) - Ryanair expects Britain to join other European countries in dropping COVID-19 quarantine plans in the coming weeks, chief executive Michael O'Leary said in an interview on Wednesday...
May 27, 2020
