Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
S&P lowers Boeing’s credit rating on coronavirus hit to earnings, cash flow
(Reuters) - S&P Global on Wednesday lowered Boeing Co's credit rating closer to junk due to the expected impact of the coronavirus on the U.S. planemaker's earnings and cash flow over the next few yea...
Apr 29, 2020
Fed support fuels corporate debt spree in April
By Kate Duguid NEW YORK (Reuters) - Issuance of investment grade corporate debt in April so far has hit $203.4 billion, slightly below March's record, buoyed by the Federal Reserve's unprecedented int...
Apr 29, 2020
Pumping cash at record pace, ECB is under pressure to act again
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - Just weeks after unveiling a massive stimulus scheme in a late-night shock-and-awe move, the European Central Bank is under pressure to dep...
Apr 29, 2020
UAE doing too little to stem money laundering and terrorist finance: watchdog
By Alexander Cornwell DUBAI (Reuters) - The United Arab Emirates is not doing enough to prevent money laundering despite recent progress, and causing concerns about its ability to combat financing of ...
Apr 29, 2020
Norwegian Air bondholders to vote on debt plan on Thursday
By Victoria Klesty OSLO (Reuters) - Bondholders in Norwegian Air are set to vote on Thursday on the airline's debt-to-equity plan, the first major test of the budget carrier's rescue efforts amid the ...
Apr 29, 2020
IMF approves $508 million loan to Costa Rica-central bank
SAN JOSE (Reuters) - The International Monetary Fund has approved a $508 million loan to Costa Rica to help deal with the crisis sparked by the coronavirus outbreak, Costa Rica's central bank said on ...
Apr 29, 2020
IATA clearing house membership of Mexico’s Interjet suspended: letter
MEXICO CITY (Reuters) - The International Air Transport Association (IATA) clearing house membership of Mexican airline Interjet has been suspended because of its failure to pay pending sums, the Airl...
Apr 29, 2020
Trump says internet retailers using the post office must pay more
WASHINGTON (Reuters) - President Donald Trump lambasted internet retailers again on Wednesday for taking advantage of the U.S. postal service and said those firms needed to pay more for package delive...
Apr 29, 2020
Exclusive: Brazil, automakers deadlocked over loan collateral from parent companies – sources
By Carolina Mandl and Marcelo Rochabrun SAO PAULO (Reuters) - Global automakers seeking emergency financing for their plants in Brazil have reached an impasse with several state and private banks, aft...
Apr 29, 2020
EBay sees current-quarter revenue above view as more people shop online
(Reuters) - EBay Inc forecast current-quarter revenue above Wall Street estimates on Wednesday, as the e-commerce company benefited from a surge in online orders with people staying indoors because of...
Apr 29, 2020
