Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
AirAsia will not take jet deliveries this year, revisiting Airbus order book
SYDNEY (Reuters) - Malaysia's AirAsia Group Bhd said on Wednesday it did not intend to take any new aircraft deliveries this year because of the sharp fall in demand from the coronavirus crisis, and w...
Apr 29, 2020
StanChart profit falls 12% on coronavirus crisis
HONG KONG/LONDON (Reuters) - Standard Chartered PLC said on Wednesday its first-quarter profit tumbled 12%, as the emerging markets-focused bank boosted provisions against bad loans as the coronavirus...
Apr 28, 2020
Coronavirus likely hammered U.S. economy in first quarter
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy likely contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to slow the spread of the novel co...
Apr 28, 2020
Coronavirus brews trouble for tea, disrupts supply as demand spikes
By Rajendra Jadhav and Polina Devitt MUMBAI/MOSCOW (Reuters) - The coronavirus outbreak is causing a rare stir in the usually staid global tea market, with labour lockdowns stifling supplies just as m...
Apr 28, 2020
Exclusive: Boeing eyes major bond issue to raise funds – sources
By Greg Roumeliotis and Mike Spector (Reuters) - Boeing Co is working with investment banks on a multibillion-dollar bond-fueled financing package, aiming to shore up its balance sheet amid a sharp tr...
Apr 28, 2020
Australia’s first-quarter inflation hits 5-1/2-year high, prices to plunge in second quarter
By Wayne Cole SYDNEY (Reuters) - Australian inflation accelerated to its highest in over five years last quarter, data showed on Wednesday, but the long-desired pick-up is likely to be fleeting in the...
Apr 28, 2020
Oil prices climb as storage fills less rapidly than feared
By Sonali Paul MELBOURNE (Reuters) - Oil prices climbed on Wednesday, trimming some of this week's steep losses after U.S. stockpiles rose less than expected and hopes grew for demand to pick up as so...
Apr 28, 2020
Dollar slips as optimism holds ahead of Fed
By Tom Westbrook SINGAPORE (Reuters) - The dollar was on the back foot on Wednesday as the slowing spread of the coronavirus and moves to re-open economies supported the investor mood, ahead of major ...
Apr 28, 2020
Blackstone buys $360 million stake in Australia’s Crown Resorts; shares soar
(Reuters) - Australia's Crown Resorts Ltd said on Wednesday that U.S. private equity firm Blackstone Group Inc had bought all of its shares held by Macau casino operator Melco Resorts & Entertainment ...
Apr 28, 2020
Asia stocks inch higher after mixed U.S. corporate earnings
By Chibuike Oguh (Reuters) - Asian equities made cautious gains in early trade on Wednesday following mixed U.S. corporate earnings while oil prices looked set for more wild swings as storage concerns...
Apr 28, 2020
