Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Oil prices extend rebound on output cuts, still set to end tumultuous week in the red
TOKYO (Reuters) - Oil prices rose on Friday, gaining further ground as some producers like Kuwait said they would move to cut output swiftly to try to counter the evaporation in global demand for fuel...
Apr 23, 2020
China central bank yet to conduct open market operations on Friday: traders
SHANGHAI (Reuters) - China's central bank has not yet conducted open market operations on Friday, traders said. A batch of 267.4 billion yuan worth of one-year targeted medium-term lending facility (T...
Apr 23, 2020
Dollar heads toward weekly gain as oil shock reveberates
By Tom Westbrook SINGAPORE (Reuters) - The dollar was headed for its best week since early April on Friday, as tumbling oil prices weighed on commodity currencies and division over Europe's emergency ...
Apr 23, 2020
Virgin Australia owes $4.4 billion to creditors based on initial review: administrator
SYDNEY (Reuters) - Virgin Australia Holdings Ltd owes A$6.9 billion ($4.39 billion) to more than 10,000 creditors based on an initial review, according to an affidavit from one of the company's admini...
Apr 23, 2020
L Brands files complaint against Sycamore for backing out of Victoria’s Secret deal
(Reuters) - L Brands Inc filed a legal complaint against Sycamore Partners on Thursday, after the buyout firm walked away from a $525 million deal to acquire a majority stake in the company's Victoria...
Apr 23, 2020
U.S.’s Mnuchin considers lending program for struggling oil companies: Bloomberg News
(Reuters) - Treasury Secretary Steven Mnuchin said he is considering a government lending program for U.S. oil companies looking for federal aid as they cope with a devastating plunge in prices, Bloom...
Apr 23, 2020
Boeing plans to cut 787 Dreamliner output, jobs: Bloomberg News
(Reuters) - Boeing Co is planning to cut 787 Dreamliner output by about half and announce job cuts in its first-quarter earnings report, Bloomberg news reported https://www.bloomberg.com/news/articles...
Apr 23, 2020
Global economic contraction to be steepest on record, recovery U-shaped: Reuters poll
By Shrutee Sarkar BENGALURU (Reuters) - Pummeled into recession by the coronavirus pandemic, the global economy will suffer its steepest contraction on record this year, with a longer, U-shaped recove...
Apr 23, 2020
Asian stocks poised to rise after Wall Street gains slip away
By Katanga Johnson WASHINGTON (Reuters) - Asia equities face a bumpy session on Friday after Wall Street pared early gains as optimism over a rebound in oil prices and prospects for further government...
Apr 23, 2020
Japan’s March consumer inflation slows as pandemic hit deepens
By Leika Kihara TOKYO (Reuters) - The rate of growth in Japan's annual core consumer inflation slowed for the second straight month, data showed on Friday, underscoring fears that slumping oil costs a...
Apr 23, 2020
