Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Canadian home sales plunge 56.8% in April as lockdowns bite
TORONTO (Reuters) - Canadian home sales fell by a record 56.8% in April from the previous month as lockdowns to help contain the coronavirus pandemic pushed buyers and sellers to the sidelines, the Ca...
May 15, 2020
German finance minister calls for fund to restart Europe’s economy
BERLIN (Reuters) - A pan-European fund is needed to restart Europe's economy after the lockdown imposed to slow the spread of the coronavirus, German Finance Minister Olaf Scholz said on Friday ahead ...
May 15, 2020
Morningstar to pay $3.5 million to settle SEC conflict of interest charges
By Chris Prentice WASHINGTON (Reuters) - Morningstar Credit Ratings LLC has agreed to pay $3.5 million to settle U.S. Securities and Exchange Commission charges that it violated a conflict of interest...
May 15, 2020
Belgium tells Lufthansa state aid possible if its conditions met
BRUSSELS (Reuters) - The Belgian government said on Friday it had told Lufthansa it could only invest in its Belgian subsidiary Brussels Airlines if certain conditions were met, according to a joint s...
May 15, 2020
Taiwan’s TSMC keeps eye on China with $12 billion U.S. plant
By Josh Horwitz and Yimou Lee SHANGHAI/TAIPEI (Reuters) - In a race to position itself in the latest trade battle between the United States and China, Taiwan Semiconductor Manufacturing Co Ltd made it...
May 15, 2020
FCA and Italy’s SACE do not comment on reports automaker seeking 6.5 billion euro state-backed loan
MILAN (Reuters) - Fiat Chrysler and Italy's export credit agency SACE on Friday did not comment on reports the automaker was seeking State guarantees on loans worth up to 6.5 billion euros ($7 billion...
May 15, 2020
Ethiopian Airlines CEO expects settlement with Boeing by end-June
ADDIS ABABA (Reuters) - Ethiopian Airlines expects a settlement with planemaker Boeing over the 737 MAX plane crash in March last year by end of June, CEO Tewolde Gebremariam told Reuters on Friday. "...
May 15, 2020
As Lufthansa bailout talks continue, role of German state at issue
BERLIN (Reuters) - As Lufthansa negotiates a 9 billion euro bailout to tide it through the coronavirus pandemic, a senior Finance Ministry official said on Friday that the German state should turn a p...
May 15, 2020
Pilots at Lufthansa’s Austrian offer to take 43% pay cut until 2023
VIENNA (Reuters) - Pilots at Austrian Airlines (AUA) are prepared to accept an up to 43% cut of their salaries until 2023 to help reduce costs, an offer comparable to that of their colleagues at paren...
May 15, 2020
Exclusive: Abu Dhabi in talks with Dubai for support through state fund Mubadala – sources
By Davide Barbuscia, Saeed Azhar and Pamela Barbaglia DUBAI/LONDON (Reuters) - The governments of Abu Dhabi and Dubai are discussing ways to prop up Dubai's economy by linking up assets in the two emi...
May 15, 2020
