Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
American Airlines is moving ahead with furloughs, CEO says
CHICAGO (Reuters) - American Airlines is moving ahead with 19,000 employee furloughs on Thursday, Chief Executive Doug Parker said in a memo to employees on Wednesday. U.S. airlines have asked the U.S...
Sep 30, 2020
More than 7,500 finance jobs have left Britain for Europe, EY Brexit tracker
By Huw Jones LONDON (Reuters) - More than 7,500 finance jobs and a trillion pounds in assets have already left Britain for the European Union as banks prepare for full-blown Brexit in January, consult...
Sep 30, 2020
Energy security and economic fears drive China’s return to coal
By David Stanway QINGYANG, China (Reuters) - Red coal trucks zip up and down narrow dirt tracks, churning up clouds of dust in China's remote Gansu province. Nearby, the towering stanchions of a new r...
Sep 30, 2020
Fed’s Daly says U.S. economy needs more fiscal support: CNBC
(Reuters) - A top U.S. central banker on Wednesday again urged more fiscal support from Congress to help heal the economy even as Senate Majority Leader Mitch McConnell said Republicans and Democrats ...
Sep 30, 2020
BMO says 1.7% of expired commercial loan deferrals showing defaults/delinquency
TORONTO (Reuters) - Only about 1.7% of Bank of Montreal's commercial loans whose pandemic-related repayment deferrals have expired are in default or are delinquent, executives said on Wednesday. Outsi...
Sep 30, 2020
U.S. presidential debate reinforces election fears in options markets
By April Joyner NEW YORK (Reuters) - A fractious U.S. presidential debate on Tuesday night has done little to ease market worries that the results of the Nov. 3 election will be contested or uncertain...
Sep 30, 2020
Saudi Arabia to cut spending next year, sees economy bouncing back
By Marwa Rashad and Davide Barbuscia RIYADH/DUBAI (Reuters) - Saudi Arabia plans to cut spending by 7.5% in next year's budget to 990 billion riyals ($263.94 billion) but expects the economy to return...
Sep 30, 2020
Canada’s Lundin seeks mediation to stave off strike at Candelaria mine in Chile
By Fabian Cambero SANTIAGO (Reuters) - Canada's Lundin Mining, owner of the Candelaria mine in Chile, has requested government mediation in a last-ditch effort to stave off a strike by one of its unio...
Sep 30, 2020
FAA administrator begins 737 MAX evaluation flight in Seattle
SEATTLE/WASHINGTON (Reuters) - Federal Aviation Administration Chief Steve Dickson began an evaluation flight at the controls of a Boeing 737 MAX Wednesday in Seattle just before 9 a.m. PDT, a key mil...
Sep 30, 2020
France urges parts review after Airbus A380 engine blowout
By Tim Hepher and Laurence Frost PARIS (Reuters) - French investigators have called for a review of the design and maintenance of titanium alloy engine parts to ensure they guard against the risks of ...
Sep 30, 2020
