Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed’s Harker says opening economy too soon risks second wave of virus
By Jonnelle Marte (Reuters) - The U.S. economy's recovery from the coronavirus crisis will likely be uneven and could be reversed if businesses open too soon and lead to a second wave of infections, P...
May 12, 2020
Coronavirus could hit banks hard, EU warns
By Jan Strupczewski and John O'Donnell BRUSSELS/FRANKFURT (Reuters) - Euro zone lenders could take a sizeable hit from the coronavirus outbreak as an economic slowdown puts strain on borrowers, Europe...
May 12, 2020
U.S. will let air carriers suspend more flights, warns on refunds
WASHINGTON (Reuters) - The U.S. Transportation Department on Tuesday said it will allow carriers to halt flights to up to 5% of destinations as a condition of receiving government assistance amid the ...
May 12, 2020
Bullard: Credit facilities, including ETF purchases begun today, already helping
WASHINGTON (Reuters) - The Fed's credit facilities including the purchases that opened today of some exchange traded funds has already helped markets just by their announcement, St. Louis Federal Rese...
May 12, 2020
The planes in Spain parked neatly on the plain
By Elena Rodriguez TERUEL, Spain (Reuters) - Dozens of passenger jetliners belonging to European carriers stand idled in neat lines in what has become a giant aeroplane parking lot amid the flat farml...
May 12, 2020
Fed’s Kaplan says he opposes using negative interest rates
(Reuters) - Dallas Federal Reserve Bank President Robert Kaplan on Tuesday became the latest U.S. central banker to unequivocally reject negative interest rates as a monetary policy tool. "I would be ...
May 12, 2020
Exclusive: Lack of financing for buyers may extend delay in Petrobras refineries bids – sources
By Carolina Mandl and Tatiana Bautzer SAO PAULO (Reuters) - Lack of financing for the buyers of Brazil's Petroleo Brasileiro SA refineries may extend the delay in the sale process, three people with k...
May 12, 2020
Thyssenkrupp in informal talks about warship unit consolidation
FRANKFURT (Reuters) - Thyssenkrupp is in informal talks about consolidation in the shipbuilding sector, its finance chief said on Tuesday, responding to speculation that the group might sell parts of ...
May 12, 2020
Trump administration seeks to stop U.S. federal pension fund investment in Chinese stocks
WASHINGTON (Reuters) - The Trump administration is pressing a board charged with overseeing billions in federal retirement dollars to halt plans to invest in Chinese companies that Washington suspects...
May 12, 2020
Thai Airways must submit rehabilitation plan by end-May: official
BANGKOK (Reuters) - Loss-making Thai Airways International Pcl must submit a rehabilitation plan by the end of the month if it wants the government to consider a rescue package, a senior official said...
May 12, 2020
