Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Lebanon’s cash for power generation may run out at the end of March, says minister
BEIRUT (Reuters) - Lebanon's energy ministry cannot pay for fuel to generate electricity beyond March unless more financing is approved, the caretaker energy minister said on Tuesday. Lebanon, which i...
Feb 23, 2021
Britain, EU edge forward with financial services forum plan
By Huw Jones LONDON (Reuters) - Plans by Britain and the European Union to set up a new financial cooperation forum by the end of March have made some progress but this will not automatically lead to ...
Feb 23, 2021
Thailand plans $5.4 billion of public-private projects this year
BANGKOK (Reuters) - Thailand plans 163 billion baht ($5.43 billion) of public-private infrastructure projects this year, a finance ministry official said on Tuesday, as the government tries to invest ...
Feb 23, 2021
Airbus, Boeing face cancellations in Norwegian restructuring: sources
PARIS (Reuters) - Planemakers Airbus and Boeing are bracing for some jet order cancellations from troubled Norwegian Air amid restructuring proceedings, industry sources said. Norwegian last year won ...
Feb 23, 2021
Spirit AeroSystems posts quarterly loss on fewer aircraft part shipments
(Reuters) - Spirit AeroSystems Holdings Inc reported a quarterly loss on Tuesday, hurt by fewer aircraft part shipments to top customers Boeing Co and Airbus SE following a slump in demand for air tra...
Feb 23, 2021
Nasdaq futures deepen slide ahead of Powell speech
By Devik Jain (Reuters) - Futures tracking the Nasdaq index pointed to a more than 1% drop at the open on Tuesday as investors sold off high-flying technology stocks on valuation concerns ahead of Fed...
Feb 23, 2021
Macy’s forecasts upbeat 2021 sales
(Reuters) - Macy's Inc forecast 2021 sales largely above Wall Street estimates on Tuesday as it bet on vaccine rollouts allowing customers to return to its department stores after pandemic curbs. The ...
Feb 23, 2021
Estee Lauder to pay $1 billion for controlling stake in Ordinary skincare owner
(Reuters) - Cosmetics maker Estee Lauder Cos Inc said on Tuesday it had offered about $1 billion to take control of DECIEM Beauty Group Inc, the parent company of Ordinary skincare brand. The M.A.C br...
Feb 23, 2021
Thomson Reuters fourth-quarter revenue, adjusted earnings rise
NEW YORK (Reuters) - Thomson Reuters Corp reported higher fourth-quarter revenue on Tuesday and said it would start a two-year program that will change it from a holding company to an operating compan...
Feb 23, 2021
Indian pharma firms go local seeking to end reliance on China
By Krishna N. Das NEW DELHI (Reuters) - Indian drug companies are looking to local makers of so-called active pharmaceutical ingredients (API) or trying to make them in-house in a bid to end their rel...
Feb 23, 2021
