Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Poland’s LOT in talks to convert Boeing Dreamliners for freight
WARSAW (Reuters) - Polish airline LOT is in talks with Boeing to modify its 787 Dreamliner jets into temporary cargo carriers, a LOT spokesman told Reuters, in a move that could help to narrow losses ...
Apr 27, 2020
UAE tells banks to freeze accounts of NMC founder Shetty, others: sources
By Saeed Azhar DUBAI (Reuters) - United Arab Emirates lenders have been told by the central bank to freeze the accounts of NMC Health shareholder BR Shetty and his family, three sources with knowledge...
Apr 27, 2020
Italy wants to reopen. Businesses ask: where’s the money?
By Valentina Za, Stefano Bernabei and Andrea Mandala AMELIA, Italy (Reuters) - When the COVID-19 pandemic forced Roberto Ferraro to shut the patisserie he runs in Amelia, a scenic hilltop town in cent...
Apr 27, 2020
UK’s Sunak offers 100% state-backed loans to smallest firms
LONDON (Reuters) - British finance minister Rishi Sunak said on Monday that the government would provide 100% guarantees on loans to Britain's smallest businesses in the latest move to shield the econ...
Apr 27, 2020
Boeing negotiation for Embraer’s commercial division ‘no longer helpful’: CEO
(Reuters) - Boeing Co reached a point where negotiation for Embraer's commercial aerospace division "was no longer helpful," chief executive Dave Calhoun told shareholders on Monday at the U.S. planem...
Apr 27, 2020
Any aid for Germany’s Lufthansa must have strings attached: senior SPD lawmaker
BERLIN (Reuters) - Any state support for Germany's largest airline, Lufthansa , must come with strings attached, a senior legislator for the Social Democrats said, suggesting that management should be...
Apr 27, 2020
China asks banks to halt new sales of products that may lead to unlimited losses: sources
By Cheng Leng and Emily Chow BEIJING/SHANGHAI (Reuters) - The Chinese regulator has asked commercial banks to halt new sales of a wide range of wealth management products that might lead to unlimited ...
Apr 27, 2020
Buffett and Abel, but not Munger, to field questions at Berkshire annual meeting
(Reuters) - Warren Buffett's Berkshire Hathaway Inc will hold a truncated virtual annual meeting on Saturday where its billionaire chairman will be present but his longtime Vice Chairman Charlie Munge...
Apr 27, 2020
Microsoft wins five-year deal with Coca-Cola to supply business software
(Reuters) - Microsoft Corp on Monday said it had won a five-year deal with Coca-Cola Co to supply business software, including its Teams chat app and tools for customer service agents. The companies d...
Apr 27, 2020
German tourism body: Lockdown cost industry 24 billion euros in March/April – report
BERLIN (Reuters) - Lockdown has cost Germany's tourism industry 24 billion euros ($26.04 billion) in March and April alone, the sector's industry association said, calling in an interview with the RND...
Apr 27, 2020
