Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EU executive to propose trillion euro recovery grants and loans
By Jan Strupczewski BRUSSELS (Reuters) - The European Commission will present a pandemic recovery plan next week that will exceed 1 trillion euros in a mix of grants and loans, Executive Vice Presiden...
May 19, 2020
Germany’s builders prop up economy as it slides into recession
By Joseph Nasr BERLIN (Reuters) - As workers across Germany downed tools during the coronavirus crisis and the economy slipped into recession, Berlin-based K. Rogge Spezialbau kept its builders busy a...
May 19, 2020
Southwest and United airlines say ticket cancellations slowing, demand improving
(Reuters) - Two top U.S. airlines said on Tuesday ticket cancellations were slowing and demand was showing some signs of improvement, with Southwest Airlines Co recording more trip reservations than c...
May 19, 2020
World Bank has provided coronavirus aid to 100 countries: Malpass
WASHINGTON (Reuters) - World Bank Group President David Malpass said on Tuesday that the development lender has launched emergency coronavirus aid programs in 100 developing countries, with commitment...
May 19, 2020
Exclusive: Nasdaq informs China’s Luckin Coffee it must delist-sources
(Reuters) - Nasdaq Inc has delivered a notice to China's Luckin Coffee Inc informing it that it has to delist from the U.S. stock exchange, people familiar with the matter said on Tuesday. Luckin Coff...
May 19, 2020
Coronavirus leads to 43% first quarter drop in Asian company profits
By Patturaja Murugaboopathy and Gaurav Dogra BENGALURU (Reuters) - Profits at Asian companies have plunged by an average of 43% in the first quarter, the steepest decline in at least 9 years, with the...
May 19, 2020
Southwest says bookings outpace cancellations in May
(Reuters) - Southwest Airlines Co said on Tuesday it recorded positive bookings on a net basis through May 18, as passenger reservations outpaced trip cancellations. The U.S. carrier said it expects J...
May 19, 2020
Wall Street set to retreat as Home Depot results weigh
By Medha Singh (Reuters) - U.S. stock index futures eased on Tuesday, handing back gains from the S&P 500's best day in six weeks in the previous session, as disappointing results from Home Depot weig...
May 19, 2020
Sovereign wealth funds fly to relative safety of U.S. assets amid pandemic
By Tom Arnold LONDON (Reuters) - Sovereign wealth funds flocked to U.S. equities and bonds in the first quarter at the expense of riskier investments such as those in emerging markets as the coronavir...
May 19, 2020
Home Depot misses profit estimates after handing out virus-related bonuses
(Reuters) - Home Depot Inc missed estimates for quarterly profit on Tuesday, as the home improvement chain spent heavily to compensate employees working at its stores during the COVID-19 pandemic. Sha...
May 19, 2020
