Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Euro zone consumer confidence rises to -18.8 in May
(Reuters) - Euro zone consumer confidence rose by 3.2 points in May from the April number, figures released on Wednesday showed. The European Commission said a flash estimate showed euro zone consumer...
May 20, 2020
At Fiat Chrysler’s Brazil plant, production resumes with safety checks
By Washington Alves and Marcelo Rochabrun BETIM, Brazil (Reuters) - Before going to work these days, employees at the Brazilian unit of Fiat Chrysler Automobiles have to get a health check using a mob...
May 20, 2020
SQM profits plunge again on lower lithium prices, slashes 2020 capex plan
By Dave Sherwood SANTIAGO (Reuters) - Chilean miner SQM , the world's No. 2 producer of lithium, said on Wednesday profits plunged by nearly half in the first quarter as prices for the battery metal c...
May 20, 2020
Namibia suspends maize and pearl millet imports to protect local farmers
WINDHOEK (Reuters) - Namibia will provisionally suspend white maize imports starting June 1, in a bid to protect local producers from foreign competition. The Namibian Agronomic Board (NAB) announced ...
May 20, 2020
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
