Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Lufthansa applies for short-time work for 31,000 employees
BERLIN (Reuters) - Lufthansa has applied for short-time work for around 31,000 crew and ground staff at its core brand until the end of August, a spokesman said on Friday, as Germany's flagship carrie...
Mar 27, 2020
‘This is a war and we want to survive,’ says Polish retailer
WARSAW (Reuters) - Polish fashion retailers may not survive the coronavirus crisis if the government, banks and shopping mall owners do not help them bear the costs, a lobby group said on Friday, as P...
Mar 27, 2020
Calls mount for new OPEC+ deal as oil prices and demand slide
By Maria Tsvetkova, Rania El Gamal and Alex Lawler MOSCOW/DUBAI/LONDON (Reuters) - Oil producers need to resume cooperation in an effort to stabilize the global market, Russian and OPEC officials said...
Mar 27, 2020
Epidemic impact on China’s economy controllable despite added pressure: central bank
HONG KONG (Reuters) - The impact of the coronavirus epidemic on China's economy is generally controllable and the fundamentals remain resilient, the country's central bank said in a statement on Frida...
Mar 27, 2020
We need to act, ECB’s Lagarde tells feuding EU on coronavirus rescue: sources
By Gabriela Baczynska and Balazs Koranyi BRUSSELS/FRANKFURT (Reuters) - European Central Bank chief Christine Lagarde urged wrangling EU leaders to act more decisively to cushion the economic hit of t...
Mar 27, 2020
U.S. not bailing out airlines, Boeing not using federal money: Treasury Secretary
WASHINGTON (Reuters) - U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill set to soon pass the House of Representatives is not an airline bailout and that...
Mar 27, 2020
UK, EU negotiators to hold first joint committee meeting on Monday: Britain
LONDON (Reuters) - British and EU negotiators will hold the first meeting of a joint committee as planned on Monday by video conference, a spokesman for Prime Minister Boris Johnson said on Friday, af...
Mar 27, 2020
Alitalia seeks to place 2,900 more staff in layoff scheme: document
MILAN (Reuters) - Alitalia's administrator has asked Italy's government to raise to nearly 7,000 the number of its employees under a temporary lay-off scheme, with most of its aircraft standing idle d...
Mar 27, 2020
Around one in five German firms see themselves at risk of insolvency: survey
BERLIN (Reuters) - Almost one in five German companies sees itself at acute risk of insolvency due to the coronavirus crisis, a survey from the DIHK Chambers of Commerce showed, pointing to the heavy ...
Mar 27, 2020
U.S. consumer spending rises moderately in February
WASHINGTON (Reuters) - U.S. consumer spending rose moderately in February and momentum is set to fade rapidly in the coming months, with the coronavirus pandemic upending life for Americans. The Comme...
Mar 27, 2020
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