Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK extends COVID job retention scheme by four months
LONDON (Reuters) - Britain extended its job retention scheme - the costly centrepiece of its attempts to mitigate the coronavirus hit to the economy - by four more months on Tuesday but told employers...
May 12, 2020
EasyJet founder offers $6 million reward for help in cancelling Airbus order
By Sarah Young LONDON (Reuters) - EasyJet founder Stelios Haji-Ioannou is offering 5 million pounds ($6.2 million) for any information that leads to the cancellation of its order for 107 Airbus jets a...
May 12, 2020
Brussels Airlines slashes jobs, fleet as COVID-19 bites
By Philip Blenkinsop BRUSSELS (Reuters) - Brussels Airlines, part of Germany's Lufthansa , said on Tuesday it would reduce its fleet by 30% and its workforce by a quarter to guarantee its survival dur...
May 12, 2020
Embraer blames failed Boeing deal for sharp drop in commercial jet deliveries
By Marcelo Rochabrun SAO PAULO (Reuters) - Planemaker Embraer said Tuesday it delivered just five commercial jets in the first quarter, less than half of what it delivered a year ago, blaming the drop...
May 12, 2020
EU signs contract with Philips on ventilators
By Francesco Guarascio BRUSSELS (Reuters) - Dutch electronics giant Philips signed a contract with the European Commission to supply medical ventilators to EU hospitals, the company and EU officials s...
May 12, 2020
Futures edge higher on recovery hopes, China tariff exemptions
By Medha Singh (Reuters) - U.S. stock index futures ticked higher on Tuesday as China's move to waive off tariffs on some U.S imports added to hopes that the easing of virus-led business shutdowns wou...
May 12, 2020
U.S. Congress to quiz bank regulators on coronavirus rule-easing, assistance
By Michelle Price WASHINGTON (Reuters) - Lawmakers will quiz U.S. regulators this week on their efforts to help struggling consumers, oversight of massive federal bailout packages and regulatory easin...
May 12, 2020
China’s Tesla wannabes risk running out of road in virus-stricken times
By Kane Wu and Yilei Sun HONG KONG/BEIJING(Reuters) - Challenged by the arrival of Tesla in China last year, domestic electric vehicle (EV) start-ups were struggling even before the economic shock wro...
May 12, 2020
AIG approaches shareholder pay vote with cautious approval from proxy firms
By Suzanne Barlyn (Reuters) - American International Group Inc faces a crucial test on Wednesday, when shareholders are to vote on whether the board of directors has adequately addressed their concern...
May 12, 2020
Ryanair cools on Airbus, moves back towards all-Boeing fleet
By Conor Humphries DUBLIN (Reuters) - Ryanair plans to move back towards an all-Boeing fleet by cancelling leases for Airbus A320s for its Lauda subsidiary and likely replacing 30 Airbus jets at the A...
May 12, 2020
