Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
American Airlines will suspend flights to 15 U.S. cities amid aid debate
By David Shepardson WASHINGTON (Reuters) - American Airlines Group Inc said Thursday it plans to suspend flights to 15 U.S. airports in October as travel demand remains low as a result of the coronavi...
Aug 20, 2020
Nestle launches vegan alternative to tuna
ZURICH (Reuters) - Food giant Nestle is launching a new plant-based tuna alternative in Switzerland this month ahead of a global rollout, hoping that consumers eating at home during the COVID-19 pande...
Aug 20, 2020
Estee Lauder forecasts profit below expectations, to cut up to 2,000 jobs
(Reuters) - Estee Lauder Cos Inc forecast first-quarter profit below Wall Street estimates on Thursday after posting a bigger-than-expected quarterly loss as travel restrictions and store closures put...
Aug 20, 2020
Alibaba beats quarterly revenue estimates
(Reuters) - China's Alibaba Group Holding Ltd beat quarterly revenue estimates on Thursday as its core e-commerce business thrived due to people preferring to shop online for essentials, even as coron...
Aug 20, 2020
Wall Street futures extend slide on Fed jitters, jobless claims awaited
By Medha Singh (Reuters) - U.S. stock index futures fell on Thursday as investors cautiously awaited the weekly jobless claims report, a day after the Federal Reserve signaled an arduous recovery for ...
Aug 20, 2020
Japan awards COVID-19 relief work to Deloitte affiliate after Dentsu controversy
TOKYO (Reuters) - The Japanese government has signed a contract with a Deloitte-linked consulting group to distribute coronavirus relief payouts following public anger over a previous deal involving a...
Aug 20, 2020
China vows all necessary measures to protect its firms following U.S. curbs on Huawei
BEIJING (Reuters) - China will take "all necessary measures" to protect its firms' legitimate interests, the Commerce Ministry said on Thursday, in response to the U.S. move this week to further tight...
Aug 20, 2020
South Korea names veteran Lee Seung-heon as new senior deputy governor at Bank of Korea
SEOUL (Reuters) - South Korea on Thursday named Lee Seung-heon as the new senior deputy governor at the central bank, to join as a voting board member of the monetary policy committee. Lee, a veteran ...
Aug 20, 2020
UK online job adverts slip back, ONS says
LONDON (Reuters) - The number of online job adverts posted by employers in Britain - a measure of how quickly the labour market might recover from its coronavirus slump - has fallen back slightly, the...
Aug 20, 2020
China’s outstanding loans to small businesses up 27.5% year-on-year by end-July
BEIJING (Reuters) - China's outstanding loans to small businesses stood at 13.7 trillion yuan ($1.98 trillion) by the end of July, up 27.5% from a year earlier, the central bank said on Thursday. Inte...
Aug 20, 2020
