Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Southwest asks unions to start considering post-aid concessions
By Tracy Rucinski (Reuters) - Southwest Airlines Co has approached unions representing pilots, flight attendants, mechanics and other employees to discuss potential concessions to prepare for a slow i...
Apr 16, 2020
Japan airlines keep most domestic flights despite few takers for seats
By Maki Shiraki and Tim Kelly TOKYO (Reuters) - Japan's top airlines are operating a majority of their domestic capacity even though the coronavirus outbreak has left seats on flights mostly empty, am...
Apr 16, 2020
Mexican finance minister ‘very concerned’ about country’s downgrade
MEXICO CITY (Reuters) - Mexican Finance Minister Arturo Herrera said on Thursday that he is "very concerned" about the country's ratings downgrade but added that the decision is understandable under t...
Apr 16, 2020
Saudi Arabia faces coronavirus crisis from position of strength: minister
CAIRO (Reuters) - Saudi Arabia is facing the current global crisis from a position of strength, given its strong financial position and reserves, with relatively low government debt, its finance minis...
Apr 16, 2020
China’s first-quarter GDP posts first decline on record as virus shuts down economy
BEIJING (Reuters) - China's economy shrank 6.8% in January-March from a year earlier, official data showed on Friday, the first such decline since at least 1992 when quarterly gross domestic product (...
Apr 16, 2020
Most U.S. firms have no plans to leave China due to coronavirus: survey
SHANGHAI (Reuters) - The majority of American companies in China have no plans to relocate production or sourcing activities to other parts of the country or abroad due to the coronavirus, a survey sh...
Apr 16, 2020
U.S. asks China to revise export rules for coronavirus medical gear
WASHINGTON (Reuters) - The United States has asked China to revise new export quality control rules for protective equipment needed during the coronavirus pandemic so they are not an obstacle to timel...
Apr 16, 2020
India says IMF liquidity boost may have costly side effects
WASHINGTON (Reuters) - India's finance minister said on Thursday the country could not support a general allocation of new Special Drawing Rights by the International Monetary Fund because it might no...
Apr 16, 2020
Brent oil jumps nearly 3% after Trump lays out plan for easing coronavirus restrictions
TOKYO (Reuters) - Oil prices rose on Friday with Brent gaining nearly 3% after President Donald Trump laid out guidelines on reviving a U.S. economy ravaged by the coronavirus pandemic that has punche...
Apr 16, 2020
Fed’s Kashkari says Trump’s ‘staged approach’ to reopen economy makes sense
WASHINGTON (Reuters) - President Donald Trump's plan for reopening the U.S. economy following the novel coronavirus pandemic "makes sense" and is consistent with the advice of health experts, Minneapo...
Apr 16, 2020
