Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Crude oil or cooking oil? For some U.S. refiners, it’s now a choice
By Stephanie Kelly and Laura Sanicola NEW YORK (Reuters) - Refiners have always produced fuel using crude oil. Now some are using grease. A slump in demand for gasoline since the onset of the coronavi...
Aug 27, 2020
Trump says he saved 51 million jobs in pandemic. Economists, U.S. officials say otherwise
By Lawrence Delevingne, Chris Prentice, Michelle Price and Jeff Mason WASHINGTON (Reuters) - Standing before half a dozen American flags during a press conference at his country club in Bedminster, Ne...
Aug 27, 2020
Running on empty? Emerging markets burn through reserves fighting virus
By Tom Arnold and Karin Strohecker LONDON (Reuters) - Reserves are running out for several emerging markets as governments from Belize to Zambia use up their financial firepower to fight the coronavir...
Aug 27, 2020
Wall Street futures down ahead of Powell’s speech on monetary policy
By Medha Singh (Reuters) - U.S. stock index futures dipped on Thursday as tensions between Washington and Beijing dampened the mood ahead of an address by Federal Reserve Chair Jerome Powell, in which...
Aug 27, 2020
Coty’s quarterly sales slump 56% as virus-wary shoppers stay home
(Reuters) - Coty Inc reported a 56% drop in quarterly sales on Thursday, as demand for its beauty products took a hit from closures of stores and parlors during coronavirus lockdowns. Net loss attribu...
Aug 27, 2020
Delta, facing its own troubles, may have to repay $300 million on behalf of Brazil’s Gol
By Marcelo Rochabrun SAO PAULO (Reuters) - Delta Air Lines is facing a fresh Latin American headache as a Monday deadline nears for former Brazilian partner Gol Linhas Aereas Inteligentes to repay a $...
Aug 27, 2020
EU’s Dombrovskis given temporary charge of trade after Hogan exit
BRUSSELS (Reuters) - European Commission Vice President Valdis Dombrovskis will assume temporary responsibility for trade after the resignation of Ireland's Phil Hogan, EU executive chief Ursula von d...
Aug 27, 2020
Innovation key to Swiss economic recovery after COVID-19 downturn
ZURICH (Reuters) - Innovation has been a driving force behind Switzerland's financial success in recent years, and will be essential for its post COVID-19 economic recovery. The country has the world'...
Aug 27, 2020
UK public’s inflation expectations slip from near seven-year high
LONDON (Reuters) - The British public's expectations for inflation over the coming year fell in August after touching one of the highest levels since 2013 in July, a survey from bank Citi and polling ...
Aug 27, 2020
Japan raises view on exports, but says economic situation still severe
By Daniel Leussink TOKYO (Reuters) - Japan's government upgraded its view on exports and output in August for the second straight month as global demand slowly improves, but authorities cautioned cond...
Aug 27, 2020
