Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China’s daily air passenger numbers up 7.9% in April vs March -aviation regulator
BEIJING (Reuters) - China's aviation regulator said on Wednesday daily transported air passenger numbers rose 7.9% this month, as of April 21, from March, but was only at 29% of the level seen a year ...
Apr 21, 2020
China’s NPL ratio to rise further in second-quarter but not at a fast pace: banking regulator
BEIJING (Reuters) - China's banking and insurance regulator said on Wednesday that the sector's bad loan ratio is 2.04%, and estimated it will continue to rise in the second quarter but not at a fast ...
Apr 21, 2020
South Korea’s Moon says to prepare third supplementary budget, hike subsidies to keep jobs
SEOUL (Reuters) - South Korea President Moon Jae-in said on Wednesday the government will prepare a third supplementary budget and sharply increase subsidies to keep more Koreans in jobs through the c...
Apr 21, 2020
Virgin Australia administrator to hold first creditors’ meeting on April 30
SYDNEY (Reuters) - Virgin Australia Holdings Ltd's administrators will hold the first meeting of creditors on April 30 and have retained Houlihan Lokey to advise them on recapitalizing the airline, th...
Apr 21, 2020
U.S. orders Chevron to ‘wind down’ Venezuela operations by December 1
By Matt Spetalnick and Daphne Psaledakis WASHINGTON (Reuters) - The Trump administration on Tuesday gave Chevron Corp , the last major U.S. oil company still operating in Venezuela, until Dec. 1 to "w...
Apr 21, 2020
Virgin Galactic dealmaker defies IPO lull with $720 million blank-check deal
By Joshua Franklin NEW YORK (Reuters) - Virgin Galactic Holdings Inc Chairman Chamath Palihapitiya on Tuesday raised $720 million for a new blank-check company, 20% more than its original target, afte...
Apr 21, 2020
Australian retail sales surge record 8.2% in March: ABS
SYDNEY (Reuters) - Australian retail sales surged by the most on record in March as a lockdown for the coronavirus spurred panic buying of food and other staples, completely outweighing a dive in dema...
Apr 21, 2020
Dollar holds gains as oil rout leaves investors on edge
By Tom Westbrook SINGAPORE (Reuters) - The dollar and yen held broad gains on Wednesday, as a bounce in oil prices failed to calm market nerves, with the week's rout and frail fuel demand underlining ...
Apr 21, 2020
Oil prices recover ground after market turmoil fuels price plunge
TOKYO (Reuters) - Oil prices found some respite on Wednesday as U.S. oil futures rose more than 20% and Brent prices steadied after a two-day price plunge, as markets struggle with a massive crude glu...
Apr 21, 2020
Asia pivots toward plants for protein as coronavirus stirs meat safety fears
By Farah Master HONG KONG (Reuters) - Demand for plant-based protein foods is surging in Asia, suppliers say, as suspicion over possible links between wild animal meat and the new coronavirus drives s...
Apr 21, 2020
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