Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bank of England policymakers warn of bigger risks for UK economy
By Andy Bruce and William Schomberg LONDON (Reuters) - Bank of England Deputy Governor Dave Ramsden and another interest-rate setter, Gertjan Vlieghe, warned of risks that Britain's economy could suff...
Sep 02, 2020
Fed’s Mester says new framework makes clear strong employment not always a concern
(Reuters) - The U.S. Federal Reserve's new framework for setting monetary policy makes it clear that a strong labor market on its own is not cause for concern unless there are signs of inflation or fi...
Sep 02, 2020
Interior Department seeks to expedite energy projects to speed COVID recovery: document
By Valerie Volcovici WASHINGTON (Reuters) - The Interior Department sent a list of 50 major infrastructure projects, including 21 involving oil and gas drilling and mining, to the White House to be fa...
Sep 02, 2020
Saudi Aramco slows diversification plans amid industry downturn: WSJ
(Reuters) - Oil company Saudi Aramco is reviewing plans to expand at home and abroad in the face of sharply lower oil prices and a heavy dividend burden, the Wall Street Journal reported on Wednesday,...
Sep 02, 2020
Exclusive: Aspiring TikTok buyers pursue four options in effort to revive talks – sources
By Echo Wang, Greg Roumeliotis and Krystal Hu (Reuters) - TikTok's prospective buyers are discussing four ways to structure an acquisition from its Chinese owner ByteDance, which include buying its U....
Sep 02, 2020
London’s Heathrow Airport could axe up to 1,200 jobs: Sky News
LONDON (Reuters) - London's Heathrow Airport could axe up to 1,200 jobs, around a quarter of its frontline roles, as a result of a downturn in the industry due to the COVID-19 pandemic, Sky News repor...
Sep 02, 2020
Commerzbank looks externally for CEO: source
FRANKFURT (Reuters) - Commerzbank has launched an external search for its chief executive, a person with direct knowledge of the matter said on Wednesday, as a leadership vacuum at the German lender c...
Sep 02, 2020
United Airlines to cut 16,370 jobs as the pandemic rages
By Tracy Rucinski CHICAGO (Reuters) - United Airlines said on Wednesday it is preparing to furlough 16,370 workers on Oct. 1 as the coronavirus pandemic continues to devastate the airline industry. Ch...
Sep 02, 2020
U.S. oil drilling set to start rising after cycle turns: Kemp
By John Kemp LONDON (Reuters) - The U.S. oil industry probably passed the low point in the current cycle in July and August, with drilling rates set to start increasing from September or October and p...
Sep 02, 2020
NY Fed’s Williams says monetary policy under new framework will depend on circumstances
NEW YORK (Reuters) - Federal Reserve officials will have some flexibility when setting monetary policy under the new framework, New York Fed Bank President John Williams said on Wednesday. Williams ec...
Sep 02, 2020
