Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Dollar set for weekly gain as pandemic recovery hopes waver
By Tom Westbrook SINGAPORE (Reuters) - The dollar eased from a three-week high on Friday but looked set for a modest weekly gain as rising Sino-U.S. tensions and worries about a second wave of coronav...
May 15, 2020
Coronavirus forces HSBC to cut global growth forecasts, again
SINGAPORE (Reuters) - Europe's biggest bank, HSBC has cut already bleak global growth forecasts even further, as lockdown restrictions extended through April and tentative economic re-openings drag on...
May 15, 2020
Pandemic stirs Wall Street’s social conscience
By Swati Pandey, Simon Jessop and Ross Kerber SYDNEY/LONDON (Reuters) - Worker welfare is having a moment on Wall Street. The need to restart production lines and reopen offices idled by the coronavir...
May 15, 2020
Pompeo says TSMC’s $12 billion investment to increase U.S. economic independence from China
(Reuters) - Chipmaker Taiwan Semiconductor Manufacturing Co's $12 billion investment in the United States will increase U.S. economic independence from China, Secretary of State Mike Pompeo said in a ...
May 14, 2020
Cathay Pacific losing money, says business outlook remains ‘very bleak’
SYDNEY (Reuters) - Cathay Pacific Airways Ltd said on Friday it made an unaudited loss of HK$4.5 billion ($580.53 million) at its full-service airlines in the first four months of the year and the fin...
May 14, 2020
Australia’s Westpac files defence in money-laundering case
(Reuters) - Australia's second largest bank Westpac Banking Corp on Friday said it has filed its defence in a case where it is accused of 23 million alleged breaches of anti-money laundering laws. The...
May 14, 2020
Japan’s economic recovery to be modest after sharp coronavirus-led contraction: Reuters poll
By Kaori Kaneko TOKYO (Reuters) - Japan will recover only modestly in the second half of this year from a steep contraction in the current quarter, a Reuters poll showed on Friday, underscoring just h...
May 14, 2020
Airline industry not likely to recover for at least a year: Southwest CEO
(Reuters) - The airline industry is not likely to recover to pre-coronavirus levels for at least the next six to 12 months, Southwest Airlines Co Chief Executive Officer Gary Kelly said on Thursday. T...
May 14, 2020
Coronavirus likely hammered U.S. retail sales again in April
By Lucia Mutikani WASHINGTON (Reuters) - U.S. retail sales likely endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the econ...
May 14, 2020
Awkward greetings and long queues as Hong Kong’s financiers return to work
By Sumeet Chatterjee and Scott Murdoch HONG KONG (Reuters) - The greetings are awkward and the skyscraper lifts half-empty. But Hong Kong's cafes are filling and taxis are harder to find as the first ...
May 14, 2020
