Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Four staffing units of Norwegian Air file for bankruptcy
OSLO (Reuters) - Four Swedish and Danish subsidiaries of Norwegian Air have filed for bankruptcy due to the ongoing coronavirus crisis which has grounded most of the company's fleet, the budget carrie...
Apr 20, 2020
Exclusive: India’s stiffer foreign investment rules aimed at China to include Hong Kong – sources
By Aftab Ahmed and Aditya Kalra NEW DELHI (Reuters) - India's new rules to more closely scrutinise foreign investments from companies based in neighbouring countries will also apply to Hong Kong, two ...
Apr 20, 2020
Major asset managers reject Argentina debt restructuring proposal
By Karin Strohecker LONDON (Reuters) - A group of Argentina's major creditors rejected the government's proposal aimed at overhauling $66.2 billion of its foreign-law debt, saying it inflicted an unju...
Apr 20, 2020
Brazil set to start QE cautiously but may need to bring out ‘bazooka’
By Jamie McGeever BRASILIA (Reuters) - Brazil appears set to embark cautiously on unconventional monetary policy using small interventions to tackle dysfunction in bond markets, as it does with foreig...
Apr 20, 2020
Halliburton books $1.1 billion charge, cuts spending amid oil rout
(Reuters) - Halliburton Co on Monday recorded $1.1 billion in impairment charges during the first quarter, lowered its spending forecast for the year, and gave a bleak outlook for North America activi...
Apr 20, 2020
DuPont sees better-than-expected quarterly results on coronavirus-led demand
(Reuters) - Industrial materials maker DuPont said on Monday it expects to report first-quarter results well above analysts' estimates, as the coronavirus outbreak lifted demand for its products used ...
Apr 20, 2020
IMF sees 4% growth in Georgia in 2021, ready to help with funds
By Margarita Antidze TBILISI (Reuters) - The International Monetary Fund sees a recovery in Georgia's economic growth in 2021, after a 4% contraction this year due to the coronavirus outbreak, and sta...
Apr 20, 2020
Bridgestone to suspend 11 Japanese plants during late April-early May
TOKYO (Reuters) - Japanese tyremaker Bridgestone Corp said on Monday it will suspend operations at its 11 domestic plants, including 8 tyre factories, from late April to early May to cope with dwindli...
Apr 20, 2020
Futures slide as oil price slump hammers energy stocks
By Shreyashi Sanyal (Reuters) - U.S. stock index futures fell on Monday as a slump in oil prices pounded energy stocks, with investors also bracing for another batch of dour first-quarter earnings rep...
Apr 20, 2020
Indian tycoon Mallya loses appeals against extradition from Britain
LONDON (Reuters) - Indian businessman Vijay Mallya lost an appeal in Britain's High Court on Monday against a 2018 decision to extradite him to India to face fraud charges resulting from the collapse ...
Apr 20, 2020
