Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Wall Street looks for light at end of tunnel, sees risk stocks will re-test lows
By Megan Davies NEW YORK (Reuters) - Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the virus and its ...
Apr 05, 2020
EasyJet founder says will not inject fresh equity into company
(Reuters) - Stelios Haji-Ioannou, the founder of easyJet Plc , has warned that he will not inject any fresh equity into the airline it terminates a contract with Airbus SE for 4.5 billion pounds ($5.5...
Apr 05, 2020
Exclusive: Silver Lake to seek more than $16 billion for buyout fund – sources
By Chibuike Oguh and Joshua Franklin (Reuters) - Private equity firm Silver Lake Partners is preparing to seek at least $16 billion from investors for its sixth flagship buyout fund, braving the econo...
Apr 05, 2020
Rolls-Royce to ditch targets and suspend dividend: FT
(Reuters) - UK aero-engine maker Rolls-Royce will abandon its targets on profits, cash and deliveries, and suspend its dividend, due to the coronavirus outbreak, the Financial Times reported late on S...
Apr 05, 2020
Boeing extends Washington state production shutdown
(Reuters) - Boeing Co said Sunday it would extend its temporary suspension of production operations at its Washington state production facilities until further notice. The largest U.S. planemaker anno...
Apr 05, 2020
Mexico’s president to lay out ‘unorthodox’ coronavirus plan to shield the poor, economy
By Drazen Jorgic MEXICO CITY (Reuters) - Mexico's President Andres Manuel Lopez Obrador on Sunday will outline measures to alleviate the economic impact of the coronavirus outbreak with a focus on shi...
Apr 05, 2020
Oil prices under pressure from Saudi-Russia dispute, but tariffs provide support
By Ahmad Ghaddar and Julia Payne NEW YORK/LONDON (Reuters) - Global benchmark oil prices are expected to open lower on Monday as a dispute between top crude exporters Russia and Saudi Arabia raises co...
Apr 05, 2020
U.S. banking group warns of ‘massive’ delays, tech issues with small-business rescue program
By Michelle Price WASHINGTON (Reuters) - Hundreds of U.S. lenders are struggling to access the technology system for distributing $349 billion of government rescue loans, while the pot of money is ins...
Apr 05, 2020
U.S. banks to defend dividend payments in stress tests: FT
NEW YORK (Reuters) - U.S. banks are expected to defend their dividend payments when they submit their annual capital plans to the Federal Reserve on Monday for the upcoming stress tests, the Financial...
Apr 05, 2020
Spain and EU Commissioners call for common European debt instruments: newspaper
FRANKFURT (Reuters) - Europe needs debt mutualisation and a common Marshall plan to recover from the coronavirus pandemic, Spanish Prime Minister Pedro Sanchez told German newspaper Frankfurter Allgem...
Apr 05, 2020
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