Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Hertz preparing to file for bankruptcy as soon as Friday night: WSJ
(Reuters) - Hertz Global Holdings Inc is preparing to file for bankruptcy as soon as Friday night after failing to reach a standstill agreement with its top lenders, the Wall Street Journal reported h...
May 22, 2020
U.S. agencies ask FCC to rescind Ligado spectrum decision
By David Shepardson WASHINGTON (Reuters) - A group of U.S. agencies on Friday asked the Federal Communications Commission (FCC) to reconsider its unanimous April 22 decision to allow Ligado Networks [...
May 22, 2020
Exclusive: Renewable firms in Mexico must pay more for grid backup – CFE chief
MEXICO CITY (Reuters) - Private renewable energy firms in Mexico must pay for part of the baseload power used to ensure the flow of electricity on the grid, the head of the state power company said on...
May 22, 2020
S&P forecasts South Africa’s economy to shrink 4.5% in 2020
JOHANNESBURG (Reuters) - S&P Global Ratings on Friday said it projects South Africa's economy to shrink by 4.5% this year as a result of the COVID-19 pandemic that has impacted production and consumpt...
May 22, 2020
Sculptor credit funds draw cash after deep March losses: source
By Svea Herbst-Bayliss BOSTON (Reuters) - Sculptor Capital Management's credit funds drew inflows from investors even as losses piled up at its SCU Credit Opportunities fund after weeks of coronavirus...
May 22, 2020
Business groups push Trump to keep skilled-worker visas amid pandemic
By Ted Hesson WASHINGTON (Reuters) - A range of business groups have made an 11th-hour appeal to U.S. President Donald Trump as he weighs whether to restrict temporary work visas, warning of negative ...
May 22, 2020
Deutsche Bank asks more senior managers to waive one month of fixed pay
(Reuters) - Deutsche Bank AG said on Friday it has asked more of its senior managers to waive one month of fixed pay in an effort to cut costs as Germany's largest lender deals with the fallout of the...
May 22, 2020
Brazil debt to hit record 93.5% of GDP this year: Economy Ministry
BRASILIA (Reuters) - Brazil's national indebtedness will soar to record levels this year due to the coronavirus crisis, with gross national debt reaching 93.5% of gross domestic product and net debt h...
May 22, 2020
Delta to provide care kit containing masks to passengers
(Reuters) - Delta Air Lines Inc said https://news.delta.com/complimentary-care-kits-provide-delta-customers-travel-safety-essentials on Friday a care kit containing a disposable face mask and a Purell...
May 22, 2020
Brazil broad public sector deficit on course for 10% of GDP: Treasury Secretary
BRASILIA (Reuters) - Brazil's total public sector deficit this year excluding interest payments is on course to reach 700 billion reais ($126 billion), or around 10% of gross domestic product, Treasur...
May 22, 2020
