Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
American Airlines delays Boeing 737 MAX pilot training, union says
CHICAGO (Reuters) - American Airlines has delayed plans to begin scheduling Boeing Co MAX training for its pilots in November, a spokesman for the Allied Pilots Association said. Last month, American ...
Oct 06, 2020
Britain’s Virgin Money cuts further 400 jobs
LONDON (Reuters) - British lender Virgin Money is cutting up to 400 jobs, as it presses ahead with cutbacks after shelving restructuring plans early in the pandemic. Virgin Money said on Tuesday the c...
Oct 06, 2020
Ukrainian hryvnia seen weakening to five-year low without IMF support: Reuters poll
KYIV (Reuters) - Ukraine's hryvnia is likely to weaken to 29 per U.S. dollar by the end of the year, the lowest level since 2015, because of delays in loans from international partners, a Reuters mont...
Oct 06, 2020
Boeing cuts industry demand forecast on pandemic crisis
By Eric M. Johnson and Tim Hepher SEATTLE/PARIS (Reuters) - Boeing cut its rolling 20-year forecast for airplane demand on Tuesday as economic turmoil from the COVID-19 pandemic lays waste to deliveri...
Oct 06, 2020
U.S. judge to hold Nov. 4 hearing on Commerce Department TikTok ban
WASHINGTON (Reuters) - A U.S. judge said on Tuesday he would hold a Nov 4 hearing on whether to allow the U.S. government to bar transactions with Chinese-owned short video-sharing app TikTok that the...
Oct 06, 2020
Fed’s Powell: Incomplete recovery could still slip into ‘recessionary dynamics’
By Howard Schneider and Ann Saphir (Reuters) - The U.S. economic recovery remains far from complete and could still slip into a downward spiral if the coronavirus is not effectively controlled and gro...
Oct 06, 2020
U.S. job openings fall in August; fewer workers quit
(Reuters) - U.S. job openings declined in August for the first time in four months led by fewer openings in the construction and retail sectors, and fewer workers quit their jobs. Job openings, a meas...
Oct 06, 2020
SURE thing: EU jobs scheme funding a template for heftier recovery fund issuance
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) - Debt sales to fund Europe's pandemic-linked unemployment scheme kick off later this month, a test run for groundbreaking plans to transform the...
Oct 06, 2020
Airlines warn of more bankruptcies as wage support ends
By Laurence Frost PARIS (Reuters) - Global airlines warned on Tuesday that the coronavirus-stricken industry was on course to burn through another $77 billion in cash in the second half of 2020, calli...
Oct 06, 2020
World risks economic scarring if support removed too soon: IMF’s Georgieva
(Reuters) - Countries across the world risk facing massive bankruptcies and economic scarring if fiscal and monetary support deployed to support their economies through the current crisis is removed t...
Oct 06, 2020
