Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Lebanon’s private creditors face significant losses, Moody’s warns
BEIRUT (Reuters) - Moody's Investors Service warned on Tuesday that private creditors faced significant losses as a result of the government's decision to defer payment of the March 2020 Eurobond. Leb...
Mar 10, 2020
U.S. airlines ditch 2020 outlooks, slash flights on virus hit
By Rachit Vats and Tracy Rucinski (Reuters) - Leading U.S. airlines American and Delta suspended 2020 financial guidance on Tuesday and took drastic further measures to combat the impact of the corona...
Mar 10, 2020
ECB’s Lagarde to join EU leader call on coronavirus on Tuesday
BRUSSELS (Reuters) - The head of the European Central Bank Christine Lagarde will participate in a video conference of the EU's 27 leaders to dicuss measures to counter the coronavirus, the Council of...
Mar 10, 2020
Russia’s ability to ramp up oil output curbed by export bottlenecks: traders
By Vladimir Soldatkin, Olga Yagova and Gleb Gorodyankin MOSCOW (Reuters) - Russia's ability to quickly lift oil production following the collapse of a global agreement to cut is restrained by bottlene...
Mar 10, 2020
Thailand unveils $12.7 billion stimulus package to ease coronavirus impact
By Kitiphong Thaichareon and Orathai Sriring BANGKOK (Reuters) - Thailand's cabinet approved a stimulus package on Tuesday worth an estimated $12.7 billion to help alleviate the impact of the coronavi...
Mar 10, 2020
American Airlines to cut 7.5% domestic capacity due to coronavirus outbreak
(Reuters) - American Airlines Inc said on Tuesday it would cut domestic capacity by 7.5% in April and international by 10% for the upcoming summer season, in response to weakening travel demand due to...
Mar 10, 2020
Britain says trade talks with EU will go ahead
LONDON (Reuters) - Britain said it expected the next round of negotiations with the European Union to go ahead as scheduled, Prime Minister Boris Johnson's spokesman said on Tuesday. The spokesman sai...
Mar 10, 2020
Intel says flawed EU antitrust decision underpins $1.2 billion fine
By Foo Yun Chee LUXEMBOURG (Reuters) - Intel on Tuesday said EU antitrust regulators got it wrong when they fined the chipmaker 1.06 billion euros ($1.2 billion) more than a decade ago for thwarting a...
Mar 10, 2020
BOJ may pledge to ramp up ETF buying next week, sources say
By Leika Kihara TOKYO (Reuters) - The Bank of Japan may pledge to buy exchange-traded funds (ETF) faster than the current pace when it holds its rate review next week, if market volatility persists en...
Mar 10, 2020
U.S. heavy equipment makers, hurt by tariffs, vow to make them top election theme
By Timothy Aeppel (Reuters) - America's heavy equipment makers aim to make tariffs an election year issue after losing market share to imports of foreign goods as a result of the levies on inputs impo...
Mar 10, 2020
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