Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Vietjet agrees loan repayment delays with lenders
HANOI (Reuters) - Vietjet Aviation has reached agreements with its lenders to delay repayments on loans it used to buy aircraft, the Vietnamese budget airline said on Thursday. "Vietjet has reached ag...
Apr 16, 2020
Barrick expects drop in first-quarter gold production
(Reuters) - Barrick Gold Corp said on Thursday it expects first-quarter gold production of 1.25 million ounces, lower than its output in the year-ago period. Chief Executive Officer Mark Bristow said ...
Apr 16, 2020
Hit by sharp ad decline, India’s newspapers cut jobs and salaries
By Aditya Kalra NEW DELHI (Reuters) - India's vibrant newspaper industry that reaches tens of millions of readers daily has been ravaged by declining advertising revenues due to a nationwide lockdown ...
Apr 16, 2020
Morgan Stanley profit plunges 32% on COVID-19 impact
(Reuters) - Morgan Stanley posted a 32% fall in quarterly profit on Thursday as its advisory and wealth management businesses took a hit from the economic fallout of the COVID-19 pandemic. The bank sa...
Apr 16, 2020
Volkswagen withdraws 2020 outlook after renvenue drop 8% in first quarter
FRANKFURT (Reuters) - Volkswagen Group on Thursday said that it was withdrawing its outlook for 2020 amid uncertainty related to the coronavirus outbreak which caused a fall in demand and group revenu...
Apr 16, 2020
UK headed for historic slump as retail sales slide, firms close
By David Milliken and William Schomberg LONDON (Reuters) - Britain's economy looks set for a widely feared record contraction after figures showed retail spending plunged by more than a quarter and on...
Apr 16, 2020
Daimler/BMW’s ‘FREE NOW’ service to restructure, integrate French app Kapten
PARIS (Reuters) - The 'FREE NOW' taxi ride-hailing service run by Daimler and BMW announced on Thursday a corporate restructuring, which could lead to job cuts, and unveiled plans to merge with French...
Apr 16, 2020
Options markets send cautiously bullish signal on U.S. stock rally
By April Joyner NEW YORK (Reuters) - As Wall Street stocks pause for breath following a blistering three-week surge, signals from the options market are suggesting that some investors believe the gain...
Apr 16, 2020
Indian gold demand could hit three-decade low as lockdown hits festivals, weddings
By Rajendra Jadhav MUMBAI (Reuters) - India's gold consumption in 2020 could fall as much as 50% from a year ago to the lowest level in nearly three decades as a nationwide lockdown has closed jewelle...
Apr 16, 2020
Some Accor hotels to admit mild coronavirus cases in Paris region
PARIS (Reuters) - French hotel group Accor said that some of its hotels in the Paris region will open on Thursday to people infected with the coronavirus who are symptom-free or showing slight symptom...
Apr 16, 2020
