Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Alibaba demotes top executive after probe into behaviour: source
SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd has demoted Jiang Fan, one of its most senior executives, after an internal investigation into allegations of improper behaviour...
Apr 27, 2020
Explainer: U.S. payroll protection program: What has changed in round two?
By Katanga Johnson WASHINGTON (Reuters) - The Small Business Administration (SBA) on Monday will release $310 billion in funds for the second round of its program that aims to help small businesses hu...
Apr 27, 2020
Lufthansa should be supported but not nationalised: Bavarian premier
MUNICH (Reuters) - The German government should support Lufthansa as it tackles the coronavirus crisis but the flagship carrier should not be nationalised, Bavarian State Premier Markus Soeder said on...
Apr 27, 2020
U.S. health insurers benefit as elective care cuts offset coronavirus costs
By Manojna Maddipatla and Caroline Humer NEW YORK (Reuters) - As Americans delay elective surgeries and avoid doctors and hospitals during the coronavirus pandemic, healthcare spending declines have m...
Apr 27, 2020
EasyJet calls shareholder meeting under pressure from founder Stelios
LONDON (Reuters) - Britain's easyJet said it will hold a general meeting of investors on May 22 to consider resolutions put forward by its biggest shareholder and founder Stelios Haji-Ioannou, who opp...
Apr 27, 2020
Exclusive: Saudi Arabia makes first wheat purchase from overseas farmland investment
By Maha El Dahan DUBAI (Reuters) - Saudi Arabia's state grain buyer SAGO on Monday said it bought 60,000 tonnes of Ukraine wheat from investment firm SALIC, marking its first purchase from agricultura...
Apr 27, 2020
U.S. banks, small businesses brace for lending race re-run
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) - U.S. banks were girding on Monday for another chaotic dash to grab $310 billion in fresh small business aid due to be released by the govern...
Apr 27, 2020
GE’s coronavirus troubles likely to hit power business, not just aviation
By Alwyn Scott and Rachit Vats (Reuters) - Quarantines and lockdowns at large U.S. power plants are threatening to squeeze a multibillion-dollar slice of revenue that General Electric Co is counting o...
Apr 27, 2020
Futures gain as more states prepare to ease lockdowns
By C Nivedita (Reuters) - U.S. stock index futures rose on Monday as more states looked set to lift coronavirus-induced curbs, with investors also turning to quarterly earnings reports from marquee co...
Apr 27, 2020
EU to offer banks capital relief to help virus-hit companies: sources
LONDON (Reuters) - Banks in the European Union are to get more capital relief to help companies struggling in the coronavirus pandemic and avoid crippling provisions for loans hit by a looming deep re...
Apr 27, 2020
