Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

(Reuters) - U.S. airline American Airlines Group Inc said on Friday it expects its second quarter revenue to decline 90% compared with a year earlier. The company expects to reduce its cash burn rate ...

By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW - An OPEC-led panel meeting to review the oil market next week will advise the wider OPEC+ group cooperating on a record supply cut, fi...

LONDON (Reuters) - British Prime Minister Boris Johnson said figures showing the economy had plunged by a quarter in the March-April period had not come as a surprise because it was always going to hi...

AMSTERDAM (Reuters) - While the Dutch government has been a prominent sceptic of a plan for the European Union to spend 750 billion euros on economies hurt by coronavirus, the president of the country...

(Reuters) - Top Wall Street brokerages Goldman Sachs and Morgan Stanley downgraded their ratings on Tesla Inc saying the electric carmaker's shares were overpriced, two days after the high-flying stoc...

By Anastasia Lyrchikova, Christoph Steitz and Tom Kckenhoff MOSCOW/FRANKFURT/DUESSELDORF (Reuters) - Russian steelmaker Severstal has no plans to get involved in industry consolidation in Europe, its ...

(Reuters) - 1/ROBINHOOD AND THE MERRY TRADERS "Rise and rise again until lambs become lions," runs an oft-quoted line from the 2010 film 'Robin Hood'. The motto is being taken seriously by all those m...

HELSINKI (Reuters) - The Finnish parliament's constitutional committee on Friday queried the legal grounds for the European Union's proposed 750-billion-euro coronavirus recovery package, urging Finla...

CAPE TOWN (Reuters) - South Africa should think about moving to a zero-based budget, the finance minister said on Friday, ahead of an emergency budget dealing with the economic impact of the COVID-19 ...

By Nupur Anand and Manoj Kumar MUMBAI/NEW DELHI (Reuters) - India's ambitious plan to provide some 3 trillion rupees ($39.5 billion) in loans to small businesses to boost an economy ravaged by the cor...