Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Airbus says has received many requests to defer deliveries
PARIS (Reuters) - Airbus said on Thursday it had received multiple requests from customers to defer deliveries after travel demand collapsed due to the coronavirus epidemic. The planemaker is wrestlin...
Apr 16, 2020
U.S. opposes general allocation of Special Drawing Rights to IMF members
WASHINGTON (Reuters) - The United States opposes creation of liquidity through issuance of the International Monetary Fund's Special Drawing Rights (SDRs) as part of the response to the coronavirus pa...
Apr 16, 2020
Santander launches money transfer app in UK to fend off competition from fintechs
By Jess Aguado MADRID (Reuters) - Santander on Thursday launched a money service app in the United Kingdom that will initially be free of fees for transfers of up to 3,000 pounds ($3,740) due to the c...
Apr 16, 2020
Abbott posts 16% fall in profit, suspends 2020 forecast on coronavirus concerns
(Reuters) - Abbott Laboratories Inc posted a 16% drop in quarterly profit on Thursday partly due to a tax expense and suspended its full-year forecast citing the uncertainty caused by the coronavirus ...
Apr 16, 2020
Gulf Arab states to create food supply safety network over coronavirus outbreak: Kuwait News Agency
DUBAI (Reuters) - The Gulf Cooperation Council's (GCC) six Arab monarchies have approved Kuwait's proposal for a common network for food supply safety, the state-run Kuwait News Agency reported on Thu...
Apr 16, 2020
Portugal’s TAP asks for state-backed loan to survive coronavirus
LISBON (Reuters) - Portugal's flag carrier TAP has asked for a state-backed loan to aid the survival of the company, which is at its most fragile since it was founded, board Chairman Miguel Frasquilho...
Apr 16, 2020
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
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