Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
German government divided over form of Lufthansa rescue deal
BERLIN (Reuters) - Germany's ruling coalition is divided over whether the state should have a role in running airline Lufthansa in return for a rescue package the company aims to finalise next week, p...
Apr 26, 2020
White House sees jobless rate hitting 16% or higher in April
WASHINGTON (Reuters) - The U.S. unemployment rate is likely to hit 16% or higher in April, and "really big thoughtful policies" will be needed to rebuild confidence, a White House adviser said on Sund...
Apr 26, 2020
Equity valuations rebounding, with bleak earnings a wild card
By Caroline Valetkevitch NEW YORK (Reuters) - The sharp rebound in equities has pushed widely used measures of valuing U.S. shares to their highest level in years. Strategists say price-to-earnings ra...
Apr 26, 2020
Lebanon’s top Christian cleric backs central bank governor as currency tumbles
BEIRUT (Reuters) - Lebanon's politically influential Maronite Christian patriarch backed the long-serving central bank governor on Sunday, after the prime minister cast bank chief Riad Salameh as resp...
Apr 26, 2020
U.S. response to virus splinters into acrimony and uncertainty
By Howard Schneider WASHINGTON (Reuters) - Six weeks after U.S. President Donald Trump declared a national emergency over the spreading new coronavirus, the United States is deeply divided over the co...
Apr 26, 2020
Daimler says China business picks up again: report
BERLIN (Reuters) - Mercedes-Benz maker Daimler has seen business stabilise in China after the country ended coronavirus lockdowns, a senior manager at the German carmaker told a newspaper on Sunday. "...
Apr 26, 2020
When oil became waste: a week of turmoil for crude, and more pain to come
By David Gaffen (Reuters) - The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of U.S. oil futures , which had never dropped below $10 a barre...
Apr 26, 2020
Japan’s MUFG bank plans more staff cuts, totalling 8,000 by 2023: Yomiuri
TOKYO (Reuters) - The banking arm of Mitsubishi UFJ Financial Group Inc is planning to reduce staffing levels by another 2,000 people by fiscal 2023, the Yomiuri daily reported on Sunday, highlighting...
Apr 25, 2020
Virgin Atlantic says still talking with UK government on coronavirus funds
By Shubham Kalia (Reuters) - Virgin Atlantic is still talking with the British government about a bailout package to cope with the devastating effects of the coronavirus outbreak on travel as well as ...
Apr 25, 2020
G20 launches initiative for health tools needed to combat the coronavirus
RIYADH (Reuters) - The group of 20 rich and emerging economies on Sunday launched an international initiative to accelerate access to health tools needed to fight the new coronavirus. The finance mini...
Apr 25, 2020
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