Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
Bank of Canada says coronavirus to trigger biggest slump ever, drops forecasts
By Kelsey Johnson and David Ljunggren OTTAWA (Reuters) - The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian slump but suspended its re...
Apr 15, 2020
Indian airline Vistara defers payments to some suppliers: internal memo
By Aditya Kalra NEW DELHI (Reuters) - Indian airline Vistara has negotiated a reduction and deferment of payments to some suppliers to conserve cash, the airline's CEO said in an internal memo, after ...
Apr 15, 2020
Best Buy to furlough 51,000 hourly U.S. store employees
(Reuters) - Best Buy Co Inc said on Wednesday it would furlough about 51,000 hourly U.S. store employees and that its sales dropped about 5% in the first two months of the current quarter, as the elec...
Apr 15, 2020
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