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

VIENNA (Reuters) - Lufthansa's Austrian unit AUA has agreed a short-time work model and salary cuts of up to 15% with its on-board staff and 20% cost reductions with its suppliers and no longer sees i...

(Reuters) - The Trump administration abruptly postponed an auction of oil and gas leases in New Mexico that had been scheduled to begin on Wednesday morning without providing a reason for the move. Bu...

BERLIN (Reuters) - Rich countries should help the world's poorest survive the coronavirus pandemic by keeping up development aid and mulling relief measures that go beyond a moratorium on debt payment...

By Tom Perry BEIRUT (Reuters) - Lebanon has turned to global power plant manufacturers including General Electric to arrange financing to build badly needed electricity capacity, hoping favourable ter...

LONDON (Reuters) - BlackRock Inc is willing to drop the ask in a debt restructuring proposal to the Argentine government to between 50-55 cents on the dollar and had made the suggestion to its credito...

By Joshua Franklin (Reuters) - Buyout firm Apollo Global Management said on Wednesday it has invested $1.75 billion in Albertsons Companies Inc, a sign of confidence in the debt-laden U.S. supermarket...

BERLIN (Reuters) - German online fashion retailer Zalando proposed on Wednesday that Jennifer Hyman, the chief executive of U.S. clothing rental firm Rent the Runway, joins its supervisory board, repl...

By Steve Scherer OTTAWA (Reuters) - There will be no cap on the size of Canada's emergency loans to large companies harmed by the coronavirus pandemic but there will be multiple restrictions, the gove...

(Reuters) - Dow Inc said on Wednesday it has shut down all operating units at its headquarters in Midland, Michigan, after flood waters breached its sites following the collapse of two dams. "At appro...

By Tom Hals (Reuters) - The U.S. Labor Department will expand inspections of businesses to reduce job-site hazards related to the new coronavirus as employees begin returning to work across the countr...