Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Despite shift, energy giants fall short of U.N. climate goals: study
By Ron Bousso LONDON (Reuters) - Europe's top oil companies are yet to be aligned with U.N.-backed targets to combat climate change even after outlining ambitious plans to slash carbon emissions and p...
Oct 06, 2020
UK COVID loan scheme could lose 26 billion pounds from fraud, defaults – watchdog
By Michael Holden LONDON (Reuters) - Criminals may have made billions of pounds by exploiting a government loan scheme to help British businesses hit by the COVID-19 pandemic, while large losses are e...
Oct 06, 2020
Share trade archive would slash investor costs, study for EU says
By Huw Jones LONDON (Reuters) - A pan-European Union record of stock and bond trades would cost 11 million euros ($13 million) to build and save investors billions, a study commissioned by the bloc sa...
Oct 06, 2020
Samsung likely to post 35% surge in third-quarter profit as smartphone sales recover
By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd's September-quarter profit likely surged more than a third, fuelled by strong smartphone sales and a rush order of memory chips from Huawei Te...
Oct 06, 2020
Sole survivor? Saudi Arabia doubles down on oil to outlast rivals
By Rania El Gamal, Davide Barbuscia and Marwa Rashad DUBAI/RIYADH (Reuters) - The slump in demand for crude during the coronavirus pandemic has forced oil companies to contemplate the possibility that...
Oct 06, 2020
JPMorgan aims to back clients to align with Paris climate pact
(Reuters) - JPMorgan Chase & Co aims to support its clients in expanding investment in clean energy and work towards net zero-emissions by 2050, a move that aligns with the Paris climate pact of cutti...
Oct 06, 2020
Energy trading in Brazil attracts banks looking for their next IPO
By Luciano Costa SAO PAULO (Reuters) - Brazil's energy sector is bracing for more mergers, initial public offerings and the creation of new energy trading units in the next few years, analysts told Re...
Oct 06, 2020
Fed’s Mester says ending stimulus talks will mean ‘much slower’ recovery – CNBC
(Reuters) - U.S. President Donald Trump's announcement that no further stimulus talks will happen until after the November election will mean a "much slower" recovery for the U.S. economy from the cor...
Oct 06, 2020
Trump administration rejected most royalty cut requests from drillers this spring: GAO
(Reuters) - The Trump administration rejected two-thirds of royalty relief requests from onshore oil and gas companies struggling with fallout from the coronavirus pandemic earlier this year, accordin...
Oct 06, 2020
Southwest flight attendants reject call for pay cuts, urge federal aid
By Tracy Rucinski CHICAGO (Reuters) - The union representing Southwest Airlines' flight attendants on Tuesday rejected management's call for negotiated pay cuts to avoid furloughs and renewed calls fo...
Oct 06, 2020
