Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bank of America profit nearly halves as loan loss provisions soar
(Reuters) - Bank of America Corp recorded a 48.5% fall in quarterly profit as the bank set aside $3.6 billion for potential loan losses tied to the coronavirus pandemic. Net income applicable to commo...
Apr 15, 2020
G20 finance ministers, central bank governors hold virtual meeting to address COVID-19 challenges
DUBAI (Reuters) - The finance ministers and central bank governors of the G20 group of the world's largest economies started on Wednesday a virtual meeting to further address the global challenges pre...
Apr 15, 2020
Apple-Google alliance welcomed by European coronavirus app platform
By Douglas Busvine BERLIN (Reuters) - An Apple collaboration with Google will make it quicker to get systems for tracing coronavirus infections up and running, the prime mover behind a European effort...
Apr 15, 2020
Oil slide dents futures ahead of bank earnings
By Medha Singh (Reuters) - U.S. stock index futures retreated on Wednesday for a second time this week, as a slide in oil prices pressured energy stocks ahead of what is expected to be another dismal ...
Apr 15, 2020
Jet fuel demand to remain low for years as airlines buckle up for tough ride
By Bozorgmehr Sharafedin, Tim Hepher and Koustav Samanta LONDON/PARIS/SINGAPORE (Reuters) - Demand for flights and jet fuel could take years to recover from the coronavirus crisis as airlines struggle...
Apr 15, 2020
IMF’s assessment of Iran funding request is ‘taking time’: official
By Davide Barbuscia DUBAI (Reuters) - The International Monetary Fund is still assessing Iran's request for $5 billion in emergency financing in a process which is taking time partly because of the IM...
Apr 15, 2020
Coronavirus to hit Mideast growth more than 2008 crisis, 2015 oil shock: IMF
By Davide Barbuscia DUBAI (Reuters) - Countries in the Middle East and Central Asia region will see a contraction this year bigger than the one seen during the 2008 global financial crisis and the 201...
Apr 15, 2020
Exclusive: Ukraine ready to ban wheat exports if necessary – deputy minister
By Pavel Polityuk and Sergei Karazy KIEV (Reuters) - Ukraine, one of world's top grain exporters, is ready to ban wheat exports if sales exceed limits agreed with traders, the deputy economy minister ...
Apr 15, 2020
ADCB files criminal complaint against individuals linked to NMC Health
DUBAI (Reuters) - Abu Dhabi Commercial Bank , a key lender to NMC Health , said on Wednesday it had filed a criminal complaint against a number individuals linked to the hospital operator with the Att...
Apr 15, 2020
UnitedHealth first-quarter profit falls 2.5%
(Reuters) - UnitedHealth Group Inc reported a 2.5% fall in first-quarter profit on Wednesday, hurt by higher medical costs. Net earnings attributable to shareholders fell to $3.38 billion, or $3.52 pe...
Apr 15, 2020
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