Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
StanChart chairman predicts economic recovery led by Asia in late 2020
By Sinead Cruise and Iain Withers LONDON (Reuters) - Standard Chartered Chairman Jose Vinals said on Wednesday his Asia-focused bank was well placed to benefit from a late 2020 economic rally, despite...
May 06, 2020
U.S. Treasury launches 20-year bond; increases offering sizes amid record borrowing
WASHINGTON (Reuters) - The U.S. Treasury Department said on Wednesday it will launch a long-planned 20-year bond and increase securities auction sizes across a range of maturities to raise cash to mee...
May 06, 2020
U.S. private payrolls plunge by a record 20.2 million in April
WASHINGTON (Reuters) - U.S. private employers laid off a record 20.236 million workers in April as mandatory business closures in response to the novel coronavirus outbreak savaged the economy, settin...
May 06, 2020
Exclusive: Greece delays asset sales as coronavirus impact hits prices
By Angeliki Koutantou ATHENS (Reuters) - Greece will raise only a fraction of what it initially expected from privatisations this year, as the coronavirus downturn has forced it to put planned asset s...
May 06, 2020
KKR’s first-quarter profit rises 11% on stronger asset sales
By Chibuike Oguh NEW YORK (Reuters) - Private equity firm KKR & Co Inc reported an 11% jump in after-tax distributable earnings in the first quarter on Wednesday, driven by growth in asset sales and m...
May 06, 2020
China’s Xi says coronavirus prevention and control still faces great uncertainty
BEIJING (Reuters) - China's coronavirus prevention and control still faces great uncertainty, president Xi Jinping was quoted as saying on Wednesday, as the cabinet plans more measures to alleviate fi...
May 06, 2020
Bundesbank’s Weidmann: extraordinary ECB support was necessary
FRANKFURT (Reuters) - Extraordinary measures enacted by the European Central Bank were necessary to support the euro zone economy, even if opinions differed on the details of the measures, Bundesbank ...
May 06, 2020
Group of investors say Total should expand net zero climate target
PARIS (Reuters) - A group of 11 shareholders representing around 1.35% of energy major Total's capital on Wednesday welcomed the firm's new climate change targets, but said they would maintain a plann...
May 06, 2020
Wendy’s cuts dividend as breakfast rescues lockdown sales
(Reuters) - Wendy's Co on Wednesday lowered its current-quarter dividend to 5 cents per share and reported lower-than-expected profit in the first quarter due to higher investments in its breakfast la...
May 06, 2020
Qatar Airways expects to re-open routes this month
DUBAI (Reuters) - Qatar Airways on Wednesday said it will start expanding its network this month in anticipation of countries easing travel restrictions that have halted global aviation. The state-own...
May 06, 2020
