Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK delays consultation on reform to flawed inflation measure
LONDON (Reuters) - Britain's government will delay until August a consultation to decide when it should fix a flawed measure of inflation, the retail price index, finance minister Rishi Sunak said in ...
Apr 16, 2020
Air traffic in Latin America falls 91% due to the coronavirus outbreak
SAO PAULO (Reuters) - Air traffic in Latin America in April has fallen 91% compared to a year earlier due to the coronavirus outbreak that fully grounded two of the region's largest airlines and cance...
Apr 16, 2020
Nissan extends U.S. production shutdown until mid-May
WASHINGTON (Reuters) - Japanese automaker Nissan Motor Co said Thursday it will extend a shutdown of U.S. manufacturing plants until mid-May, citing the ongoing impact of the COVID-19 pandemic. Nissan...
Apr 16, 2020
Exclusive: Italy sees 2020 budget deficit near 10% of GDP – source
By Giuseppe Fonte ROME (Reuters) - Italy's budget deficit will be near 10% of gross domestic product this year, a senior government official told Reuters, as Rome increases borrowing to try to soften ...
Apr 16, 2020
Fed’s Kaplan says open to doing more, but ‘moral hazard’ a concern
SAN FRANCISCO (Reuters) - Dallas Federal Reserve Bank President Robert Kaplan said Thursday he is "open minded about what else we need to do" to help the U.S. economy amid the coronavirus pandemic, in...
Apr 16, 2020
Macron warns populists could win if EU fails to launch common fund: FT
PARIS (Reuters) - Populists will win "in Italy, in Spain, perhaps in France and elsewhere" if European countries do not launch a rescue fund that can issue joint debt to cope with the fallout of the c...
Apr 16, 2020
Italy unions agree health measures with CNH Industrial for restart
MILAN (Reuters) - Italian trade unions said on Thursday they had agreed with CNH Industrial on health and security measures so the vehicle maker is ready to resume work as soon as lockdown rules are e...
Apr 16, 2020
‘Fallen angel’ danger at highest since financial crisis: S&P Global
LONDON (Reuters) - The coronavirus pandemic has pushed the number of companies at risk of having their credit ratings cut to 'junk' to the highest since during the global financial crisis, figures fro...
Apr 16, 2020
Canada’s WestJet to lay off 1,700 pilots
(Reuters) - Canada's privately held WestJet Airlines is laying off 1,700 pilots amid travel bans to curb the COVID-19 pandemic, according to a company memo seen by Reuters on Thursday. The coronavirus...
Apr 16, 2020
Italy’s fashion leaders urge Rome to lift restrictions on industry
MILAN (Reuters) - Italy's fashion leaders called on the government on Thursday to loosen restrictions imposed in response to the coronavirus crisis to allow them to resume some production, warning tha...
Apr 16, 2020
