Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. crude stocks jump by a record 19 million barrels as refiners cut back: EIA
By Stephanie Kelly and Laura Sanicola (Reuters) - U.S. crude oil stockpiles rose by 19 million barrels last week, the biggest one-week increase in history, the U.S. Energy Information Administration s...
Apr 15, 2020
OPEC+ or minus? Oil supply cut numbers puzzle markets
By Alex Lawler and Ahmad Ghaddar LONDON (Reuters) - Days after OPEC+ reached a record deal to cut oil output in an attempt to shore up a market reeling from the coronavirus crisis, their calculations ...
Apr 15, 2020
Auto parts maker Marelli, unions agree measures to enable return to work
MILAN (Reuters) - Auto parts maker Marelli and unions agreed on Wednesday on a package of health and security measures to allow the company to gradually resume its Italian operations when Rome eases l...
Apr 15, 2020
Explainer: How the EU can finance economic recovery after the COVID-19 pandemic
By Jan Strupczewski BRUSSELS (Reuters) - The European Union is looking at ways to get the economy back on its feet next year after what is expected to be the 27-nation bloc's deepest ever recession, c...
Apr 15, 2020
Apple releases budget iPhone SE priced at $399 as coronavirus stalls economy
By Stephen Nellis (Reuters) - Apple Inc on Wednesday released a smaller iPhone priced at $399, cutting the starting price for the company's smartphone line in a move to broaden its appeal to budget-co...
Apr 15, 2020
Berkshire Hathaway unit wins 643 million euro award over ‘fraudulent’ German pipemaker purchase
By Jonathan Stempel NEW YORK (Reuters) - Precision Castparts Corp, a unit of Warren Buffett's Berkshire Hathaway Inc , has been awarded 643 million euros ($700 million) in arbitration for having been ...
Apr 15, 2020
G20 financial officials agree on debt suspension for world’s poorest countries
DUBAI (Reuters) - Financial officials of the Group of 20 major economies said on Wednesday in a joint statement they had agreed on a coordinated approach for a suspension of debt service payments for ...
Apr 15, 2020
Ryanair sees quick airline recovery marked by low fares
PARIS (Reuters) - Ryanair is steeling for an airline price war that it expects to win once coronavirus restrictions are lifted and passengers flock back to tourist destinations, Chief Executive Michae...
Apr 15, 2020
Pentagon probe unable to rule out White House influence on JEDI contract
WASHINGTON (Reuters) - The Pentagon's inspector general on Wednesday said it could not determine whether the White House influenced the award of a $10 billion cloud computing contract to Microsoft ove...
Apr 15, 2020
Bain Capital Credit owns 9.8% of doValue: filing
MILANO (Reuters) - U.S. credit specialist Bain Capital Credit Member held 9.8% of Italy's biggest bad loan specialist doValue as of April 6, a regulatory filing showed on Wednesday. The stake is held ...
Apr 15, 2020
