Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Premier Inn owner Whitbread may cut nearly 6,000 jobs
(Reuters) - Premier Inn-owner Whitbread said on Tuesday it could cut up to 6,000 jobs in its hotel and restaurant business as it expects demand to remain at lower levels in the short to medium term. T...
Sep 22, 2020
UK watchdog proposes ban on car, home insurance ‘loyalty penalties’
LONDON (Reuters) - Britain's Financial Conduct Authority said on Tuesday it was proposing to stop insurers from charging more to repeat car and home insurance customers than to new clients. When a cus...
Sep 22, 2020
Beazley sees COVID-19 insurance claims doubling to $340 mln
LONDON (Reuters) - Specialist insurer Beazley is bracing for claims linked to the novel coronavirus pandemic to double to $340 million, with almost all the estimated increase arising from events cance...
Sep 22, 2020
Airbus CEO: we can’t guarantee no compulsory layoffs
PARIS (Reuters) - European planemaker Airbus will do its best to cut costs without resorting to compulsory redundancies, but it cannot guarantee they won't happen, CEO Guillaume Faury told French radi...
Sep 22, 2020
National Australia Bank sees ‘significant risk’ of monetary easing next month
By Swati Pandey SYDNEY (Reuters) - Economists at National Australia Bank said on Tuesday they see a "significant risk" of a cut to the central bank's cash rate and three-year bond yield target to 10 b...
Sep 22, 2020
China amends customs supervision on crude oil imports to improve efficiency
SINGAPORE (Reuters) - Chinese customs said on Tuesday it will amend the way it supervises crude oil imports as part of a broader effort to boost efficiency, allowing cargoes to clear customs before qu...
Sep 22, 2020
Airline travel shifts toward last-minute bookings, domestic trips: Skyscanner
By Jamie Freed SYDNEY (Reuters) - The air travel market has shifted toward last-minute bookings, one-way flights and more domestic trips as consumers grapple with fast-moving changes due to the corona...
Sep 22, 2020
BOK sees no need to trim GDP growth forecasts
SEOUL (Reuters) - South Korea's central bank said on Tuesday it sees no need to downgrade its current economic growth projections, even after the government imposed tougher social distancing measures ...
Sep 22, 2020
Rio Tinto to develop bonded area operations for blending iron ore at Dalian port
BEIJING/NINGBO (Reuters) - Anglo-Australian miner Rio Tinto has signed a pact to jointly develop its first bonded area operations to blend iron ore in China's port of Dalian, the company said on Tuesd...
Sep 22, 2020
Intel gets U.S. licence to supply some products to Huawei
SHANGHAI (Reuters) - Intel Corp has received a licence from U.S. authorities to continue supplying certain products to Huawei Technologies, a company spokesman said on Tuesday. This week the state-bac...
Sep 22, 2020
