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

(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) By Mike Dolan LONDON (Reuters) - Many households have built up a stash of savings during t...

MELBOURNE (Reuters) - Royal Dutch Shell is looking to looking to raise more than $2 billion from the sale of a 26.25% stake in the common facilities at its Queensland Curtis LNG plant in Australia, ac...

SYDNEY (Reuters) - Virgin Australia Holdings Ltd's administrator has given final bidders Bain Capital and Cyrus Capital Partners until June 22 to lodge binding offers, an extension of 10 days from the...

PARIS (Reuters) - Carmaker Renault finalised on Wednesday a 5 billion euros ($5.60 billion) credit facility with the French government, strengthening Renault's finances in the wake of the coronavirus ...

LONDON (Reuters) - TUI Group , Europe's biggest travel company, said it had struck a deal with aircraft maker Boeing for compensation and slower delivery of the 737 MAX plane, helping its finances dur...

By Marc Jones, Tom Arnold and Adam Jourdan LONDON/BUENOS AIRES (Reuters) - Argentina, in default since last month, is tantalizingly close to pulling off a $65 billion debt restructuring deal with cred...

FRANKFURT (Reuters) - German airline Lufthansa posted a net loss of 2.1 billion euros ($2.35 billion) in the first quarter, writing down the value of assets as the coronavirus pandemic hits the travel...

BERLIN (Reuters) - German carmakers became more optimistic about their prospects for production and exports in May, a survey by the Ifo economic institute showed on Wednesday, a ray of hope for the se...

MEXICO CITY (Reuters) - Mexican cement maker Cemex said late on Tuesday that it plans to issue $1 billion worth of bonds, with a 7.375% coupon and a maturity date of June 2027, to support ongoing busi...

By Vivek Mishra BENGALURU (Reuters) - India's enormous services industry endured another month of devastating contraction in May as the coronavirus brought activity to a near halt, causing steep job l...