Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EasyJet calls shareholder meeting under pressure from founder Stelios
LONDON (Reuters) - Britain's easyJet said it will hold a general meeting of investors on May 22 to consider resolutions put forward by its biggest shareholder and founder Stelios Haji-Ioannou, who opp...
Apr 27, 2020
Exclusive: Saudi Arabia makes first wheat purchase from overseas farmland investment
By Maha El Dahan DUBAI (Reuters) - Saudi Arabia's state grain buyer SAGO on Monday said it bought 60,000 tonnes of Ukraine wheat from investment firm SALIC, marking its first purchase from agricultura...
Apr 27, 2020
U.S. banks, small businesses brace for lending race re-run
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) - U.S. banks were girding on Monday for another chaotic dash to grab $310 billion in fresh small business aid due to be released by the govern...
Apr 27, 2020
GE’s coronavirus troubles likely to hit power business, not just aviation
By Alwyn Scott and Rachit Vats (Reuters) - Quarantines and lockdowns at large U.S. power plants are threatening to squeeze a multibillion-dollar slice of revenue that General Electric Co is counting o...
Apr 27, 2020
Futures gain as more states prepare to ease lockdowns
By C Nivedita (Reuters) - U.S. stock index futures rose on Monday as more states looked set to lift coronavirus-induced curbs, with investors also turning to quarterly earnings reports from marquee co...
Apr 27, 2020
EU to offer banks capital relief to help virus-hit companies: sources
LONDON (Reuters) - Banks in the European Union are to get more capital relief to help companies struggling in the coronavirus pandemic and avoid crippling provisions for loans hit by a looming deep re...
Apr 27, 2020
Broadcom offers to settle EU antitrust probe into exclusivity deals
BRUSSELS (Reuters) - U.S. chipmaker Broadcom has offered to settle an EU antitrust investigation into its exclusivity deals with TV and modem makers, EU antitrust regulators said on Monday. Broadcom, ...
Apr 27, 2020
French jobless claims in record surge in March: labour ministry
PARIS (Reuters) - The number of people seeking jobless claims rose by a record 7.1% in March from February, the Labour Ministry said on Monday in the latest sign of a fast-deteriorating job market. Th...
Apr 27, 2020
Nissan to slash Japan production by 70% in May, 43% in June: documents
TOKYO (Reuters) - Japan's Nissan Motor Co Ltd will slash its domestic auto production plans by 70% in May and 43% in June, documents seen by Reuters show, as the impact of the coronavirus shakes the t...
Apr 27, 2020
Explainer: Hong Kong’s currency finds strength in testing times
By Noah Sin HONG KONG (Reuters) - The Hong Kong dollar is bumping against the top end of its narrow 7.75-7.85 band against the U.S. dollar and is among the best-performing currencies this year even as...
Apr 27, 2020
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