Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Airbus CEO warns of compulsory layoffs as airline crisis deepens
By Johanna Decorse TOULOUSE, France (Reuters) - The head of European planemaker Airbus has warned staff of compulsory layoffs as air travel fails to recover as quickly as expected from the coronavirus...
Sep 14, 2020
Mnuchin says he will continue to work on COVID-19 deal: CNBC
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said there still could be a deal with Congress for more federal coronavirus, aid and that he looked forward to a bipartisan proposal from ...
Sep 14, 2020
Ryanair expects new EU travel system to put most of Europe on ‘green list’
DUBLIN (Reuters) - Ryanair expects the European Commission this week to unveil a new system of COVID-19 travel advice that will open up most regions of the continent to travel without quarantine, Chie...
Sep 14, 2020
No-deal Brexit could shave at least three points off UK GDP in 2021: JP Morgan
LONDON (Reuters) - A no-deal Brexit outcome could wipe at least three percentage points off UK gross domestic product in 2021 and lead the Bank of England to increase its asset purchases and even to c...
Sep 14, 2020
Delta pledges loyalty program to raise $6.5 billion
By Tracy Rucinski CHICAGO (Reuters) - Delta Air Lines said on Monday it is seeking to raise $6.5 billion through new bonds and loans backed by its SkyMiles loyalty program, further bolstering liquidit...
Sep 14, 2020
ECB’s Makhlouf sees continued fall in prices during pandemic
DUBLIN (Reuters) - European Central Bank governing council member Gabriel Makhlouf said he expects demand factors will continue to dominate how the COVID-19 pandemic impacts inflation and will lead to...
Sep 14, 2020
Argentina’s Buenos Aires province extends debt restructuring deadline to October 9
BUENOS AIRES (Reuters) - Argentina's Buenos Aires province, which is restructuring around $7 billion in bonds, said on Monday that it had extended a deadline for the invitation to creditors until Oct....
Sep 14, 2020
Exclusive: EU to delay euro clearing decision due to Brexit divorce threat – source
LONDON (Reuters) - The European Union is set to delay a decision on allowing City of London clearing houses to continue clearing euro transactions for EU-based clients due to concern over Britain's pl...
Sep 14, 2020
Verizon to buy wireless services provider Tracfone in $6.25 billion deal
(Reuters) - Verizon Communications Inc said on Monday it would buy wireless services provider Tracfone, a unit of Mexican telecom America Movil, in a $6.25 billion cash and stock deal. (Reporting by A...
Sep 14, 2020
Brazil IBC-Br economic activity index up 2.15% in July: central bank
BRASILIA (Reuters) - Economic activity in Brazil rose a seasonally-adjusted 2.15% in July, a central bank indicator showed on Monday, less than the 3.4% forecast in a Reuters poll of economists. The c...
Sep 14, 2020
