Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Chilean peso hits historic low amid coronavirus gloom; government urges calm
By Aislinn Laing and Froilan Romero SANTIAGO (Reuters) - The Chilean peso closed at a historic low on Monday, falling 1.82% to 841.50 to the dollar as fears over the global coronavirus outbreak and wi...
Mar 09, 2020
Mexico central bank props up battered peso, rates outlook uncertain
By Anthony Esposito MEXICO CITY (Reuters) - Mexico's central bank on Monday stepped into the foreign exchange market to prop up the peso after the currency plummeted to an all-time low on the back of ...
Mar 09, 2020
Coronavirus wipes out British business confidence bounce: IoD survey
By Elizabeth Howcroft LONDON (Reuters) - The coronavirus outbreak has reversed a recent upturn in British business leaders' optimism, with confidence now at a six-month low, a survey by the Institute ...
Mar 09, 2020
Cosmetics maker Revlon to cut 1,000 positions, continues to explore options
(Reuters) - Revlon Inc said on Monday it expected to save up to $230 million a year by 2022 end, mainly by eliminating nearly 1,000 positions, in a bid to improve profitability even as it continues to...
Mar 09, 2020
Wall Street’s ‘fear gauge’ signals more selling to come
By April Joyner NEW YORK (Reuters) - Some investors are betting that markets will stay turbulent in the coming weeks, after an avalanche of selling in U.S. stocks sent volatility to levels not seen si...
Mar 09, 2020
U.S. consumer watchdog charges Fifth Third Bank on opening phony accounts
By Katanga Johnson WASHINGTON (Reuters) - The U.S. Consumer Financial Protection Bureau (CFPB) said on Monday it charged Fifth Third Bank, National Association, for creating fake client deposit and cr...
Mar 09, 2020
Lebanon FinMin: Disorderly default if creditors unprepared to negotiate
BEIRUT (Reuters) - Lebanon will resort to a disorderly default if creditors are unprepared to negotiate, broadcaster LBC quoted Finance Minister Ghazi Wazni as saying on Monday, while noting that asse...
Mar 09, 2020
Hawaiian Airlines CEO says hard to predict short-term industry outlook
CHICAGO (Reuters) - While no U.S. airlines have requested a bailout to date, the head of Hawaiian Airline said on Monday that it was difficult to predict what would happen in the weeks and months ahea...
Mar 09, 2020
Qantas to slash international capacity by nearly 25%, ground most A380s
SYDNEY (Reuters) - Qantas Airways Ltd said on Tuesday it would cut its international capacity by nearly 25% over the next six months, including grounding most of its Airbus SE A380s, as it grapples wi...
Mar 09, 2020
Investors, analysts see market turmoil and recession as threat to Trump re-election bid
By Pete Schroeder WASHINGTON (Reuters) - With the U.S. markets in turmoil due to coronavirus-driven recession fears and plunging oil prices, investors and analysts on Monday said they were factoring i...
Mar 09, 2020
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