Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
New York emerges winner as Brexit pushes swaps trading from London
By Huw Jones LONDON (Reuters) - Britain's exit from the European Union has pushed swathes of derivatives trading from London to the bloc and the United States in a further blow to the capital's financ...
Jan 21, 2021
Lufthansa has cut losses to a million euros every two hours, says CEO
FRANKFURT/PARIS (Reuters) - German airline Lufthansa is losing 1 million euros ($1.2 million) every two hours, which represents "a significant improvement" over the low point of the COVID-19 crisis, C...
Jan 21, 2021
TC Energy to cut 1,000 construction jobs, halt Keystone XL work
By Rod Nickel and Valerie Volcovici WINNIPEG, Manitoba/WASHINGTON (Reuters) - TC Energy Corp will eliminate more than 1,000 construction jobs in coming weeks and halt work on the Keystone XL oil pipel...
Jan 21, 2021
BMW targets higher margins while investing in electric cars
By Christina Amann MUNICH (Reuters) - BMW aims to return to its pre-pandemic operating margin target as the global economy recovers, but big investments in electric cars mean the automaker will have t...
Jan 21, 2021
BlackRock CEO says U.S. must roll out vaccines aggressively
MILAN (Reuters) - The best measure of success for the new U.S. government of President Joe Biden will be the speed at which the vaccination rollout against the novel coronavirus is conducted, BlackRoc...
Jan 21, 2021
U.S. housing starts, building permits accelerate
WASHINGTON (Reuters) - U.S. homebuilding and permits surged in December as historically low mortgage rates supported the housing market, but momentum could slow amid surging lumber prices and a shorta...
Jan 21, 2021
Big U.S. oil drillers have federal permits to mute effect of any Biden ban
By Jennifer Hiller and Nichola Groom (Reuters) - U.S. President Joe Biden's promised ban on new oil and gas drilling on federal lands would take years to shut off production from top shale drillers be...
Jan 21, 2021
U.S. weekly jobless claims decline moderately
WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment benefits decreased modestly last week as the COVID-19 pandemic tears through the nation, raising the risk of a s...
Jan 21, 2021
Red tape holding up $8.5 billion of works, Italy’s Autostrade says
MILAN (Reuters) - The lengthy approval process for a new tariff system is holding up around 7 billion euros ($8.5 billion) of infrastructure works, the chief executive of Atlantia's motorway unit Auto...
Jan 21, 2021
EU likely to tap markets for almost 100 billion euros in ‘late spring’: Gentiloni
BRUSSELS (Reuters) - The European Commission is likely to tap financial markets for almost 100 billion euros in "late spring" to finance pre-payments for 27 national plans for recovery from the pandem...
Jan 21, 2021
