Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Australia trade surplus surges to record on gold rush, improving China demand
By Wayne Cole SYDNEY (Reuters) - Australia's trade surplus ballooned to a record in March as shipments of iron ore to China surged as the Asian giant came back from lockdown, while exports of gold mor...
May 06, 2020
Frontier Airlines rescinds empty middle seat charge after lawmaker pressure
By Tracy Rucinski (Reuters) - U.S. budget carrier Frontier Airlines withdrew on Wednesday a "More Room" policy that would have given passengers the option of paying extra to keep the middle seat empty...
May 06, 2020
China’s services sector contracts for third month as job losses hit record: Caixin PMI
BEIJING (Reuters) - China's services firms wallowed in contraction in April as layoffs hit a record and export orders plunged after signs of improvement in March, a private survey showed, dashing hope...
May 06, 2020
Emerging market FX to struggle against mighty U.S. dollar this year: Reuters poll
By Vuyani Ndaba, Vivek Mishra and Gabriel Burin JOHANNESBURG/BENGALURU/BUENOS AIRES (Reuters) - Hobbled emerging market currencies will struggle over the next three months against the stronger dollar ...
May 06, 2020
Ford’s China ventures saw sales growth in April as market rebounds
SHANGHAI (Reuters) - U.S. automaker Ford Motor Co's two ventures in China have reported year-on-year sales growth for April, indicating the world's biggest auto market has started its recovery from co...
May 06, 2020
Oil gains as U.S. inventories grow less than feared while coronavirus slashes demand
TOKYO (Reuters) - Oil prices rose on Thursday after U.S. inventories swelled less than expected, but market watchers predicted further gains could be capped by the ongoing glut in crude supplies as th...
May 06, 2020
U.S. reaches settlement to recover over $49 million involving Malaysia’s 1MDB: DOJ
KUALA LUMPUR (Reuters) - The United States has reached a settlement to recover more than $49 million involving Malaysian sovereign wealth fund 1MDB, the Department of Justice said. The DOJ said in a s...
May 06, 2020
Yen hits seven-week high vs dollar as risk sentiment sours
By Hideyuki Sano TOKYO (Reuters) - The safe-haven yen flirted with a seven-week high against the dollar on Thursday as investors limited their exposure to riskier assets amid dire global economic data...
May 06, 2020
General Motors taps Flir Systems for fever check cameras at factories
By Stephen Nellis (Reuters) - General Motors Co has tapped thermal camera maker Flir Systems Inc for scanners to detect fevers among workers when they return to GM's factories, the companies told Reut...
May 06, 2020
New Zealand to run deficits for extended period, debt to exceed targets: Finance Minister
WELLINGTON (Reuters) - New Zealand's Finance Minister said on Thursday the government will be running deficits for an extended period and its debt level would increase to levels well beyond previous t...
May 06, 2020
