Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Air France must cut emissions, domestic flights for aid: minister
PARIS (Reuters) - Air France will have to cut its carbon emissions and domestic flights as conditions for government financial support, France's finance minister said on Wednesday. With the air travel...
Apr 29, 2020
China committed to Phase 1 trade deal despite pandemic: U.S. official
WASHINGTON (Reuters) - China remains "very, very committed" to meeting its commitments under a Phase 1 trade deal with the United States, despite the unprecedented economic and health impacts of the n...
Apr 29, 2020
Exclusive: SoftBank-backed Oyo to offload more loss-making hotels amid pandemic – sources
By Aditi Shah and Anirban Sen NEW DELHI/BENGALURU (Reuters) - India's Oyo Hotels and Homes, backed by SoftBank Group , plans to offload more properties around the world, three sources familiar with th...
Apr 29, 2020
Money market stress adds to case for more ECB action
By Dhara Ranasinghe and Tommy Wilkes LONDON (Reuters) - Funding costs in a vital corner of euro zone money markets remain at worryingly high levels even after unprecedented ECB action, indicating the ...
Apr 29, 2020
COVID-19 has ‘changed everything’, RBS Chairman says
LONDON (Reuters) - Royal Bank of Scotland chairman Howard Davies said on Wednesday the coronavirus pandemic had "changed everything" and its impact on society and the economy would likely be "stark an...
Apr 29, 2020
Swiss government works with UBS, Credit Suisse on aviation sector loans
ZURICH (Reuters) - The Swiss government is working primarily with UBS Group and Credit Suisse on a nearly 1.9 billion Swiss franc ($1.95 billion) package of state-backed loans for the coronavirus-hit ...
Apr 29, 2020
Luckin Coffee delays annual filing amid accounting probes
(Reuters) - Luckin Coffee Inc said on Wednesday it would not file its annual financial report on time as it was dealing with investigations into hundreds of millions of dollars worth of fabricated sal...
Apr 29, 2020
Top Boeing shareholder Vanguard says it voted against chair Kellner
BOSTON (Reuters) - Top Boeing Co shareholder Vanguard Group voted against the planemaker's chairman Lawrence Kellner, citing "control failures" under its audit committee after two 737 MAX plane crashe...
Apr 29, 2020
Michigan to reopen construction industry in state on May 7: spokesman
DETROIT (Reuters) - Michigan Governor Gretchen Whitmer will allow the state's construction industry to return to work on May 7 as the Midwestern state battles the coronavirus outbreak, a spokesman sai...
Apr 29, 2020
Italy’s Amplifon withdraws guidance, freezes M&A cash-out over virus hit
MILAN (Reuters) - Italy's Amplifon said on Wednesday it had withdrawn its 2020 guidance after reporting a slump in first-quarter core earnings due to the coronavirus pandemic. The world's largest reta...
Apr 29, 2020
