Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
HSBC and Asian Development Bank join forces in $300 million vaccine financing
LONDON (Reuters) - HSBC and the Asian Development Bank (ADB) will provide a combined $300 million in financing to help Asia's supply chains boost manufacturing capacity for COVID-19 vaccines, the two ...
Apr 08, 2021
Boeing sues, cancels contracts with Air Force One supplier
By David Shepardson and Mike Stone WASHINGTON (Reuters) - Boeing Co said Thursday it had filed a suit against and canceled contracts with a Texas-based supplier for Air Force One, the aircraft that ca...
Apr 08, 2021
Nike settles lawsuit against maker of Lil Nas X ‘Satan Shoes’
NEW YORK (Reuters) - Nike Inc said on Thursday it has settled a lawsuit against a Brooklyn company that made "Satan Shoes" in collaboration with the rapper Lil Nas X, and that the company has agreed t...
Apr 08, 2021
Analysis: U.S. voting law debates stoke tussle over airline tax breaks
By Tracy Rucinski CHICAGO (Reuters) - Airlines are bracing for challenges to tax breaks they receive from U.S. states as a result of wading in to a political debate over voting rights, rekindling a do...
Apr 08, 2021
Some early Ford Mustang Mach-E owners suffer dead batteries
(Reuters) - Early owners of Ford Motor Co's newest electric vehicle, the Mustang Mach-E crossover, have experienced a battery problem that leaves their vehicles unable to start after charging, accordi...
Apr 08, 2021
NY Fed may make technical adjustment due to asset purchases, official says
(Reuters) - The Federal Reserve's ongoing asset purchases are lifting bank reserves to new highs and contributing to a new normal for money markets, a senior New York Fed official said on Thursday. Th...
Apr 08, 2021
Exclusive: Wizz Air replaces operations chief after probe into pilot redundancies
By Laurence Frost PARIS (Reuters) - Low-cost carrier Wizz Air has replaced its flight operations chief after he was apparently recorded telling his team to draw up a redundancy list of pilots who were...
Apr 08, 2021
Levi Strauss raises sales growth outlook on vaccine rollout hopes
(Reuters) - Levi Strauss & Co on Thursday raised its half-year revenue growth forecast, banking on COVID-19 vaccine rollouts to spur a return to normalcy, after the denim maker beat quarterly sales es...
Apr 08, 2021
Brazil interest rates to reach neutral level in 2022: cenbank director
By Jamie McGeever BRASILIA (Reuters) - Brazil's benchmark Selic interest rate is set to reach its neutral level next year, a central bank director said on Thursday, adding that policymakers' baseline ...
Apr 08, 2021
Mexico cenbank says pause in interest rate cuts doesn’t mean easing cycle over
MEXICO CITY (Reuters) - A pause in the Bank of Mexico's monetary policy easing cycle at its last meeting does not mean the cycle has ended and board members will be on the lookout for conditions that ...
Apr 08, 2021
