Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
GM proposes Brazil workforce reduction through buyouts, union says
SAO PAULO (Reuters) - General Motors is offering buyouts to some of its Brazilian workers, a local union said on Wednesday, as the country's No. 1 automaker struggles with the fallout from the coronav...
Aug 12, 2020
Southwest Airlines among three carriers with investment grade rating: S&P Global
(Reuters) - Southwest Airlines Co , Ryanair Holdings Plc and easyJet Plc are the only three airlines whose bonds are still rated investment grade, S&P Global Ratings said, while estimating a drop of u...
Aug 12, 2020
Ontario projects record budget deficit as COVID-19 economic support climbs
By Fergal Smith TORONTO (Reuters) - Ontario, Canada's most populous province and economic engine, projected on Wednesday its budget deficit would widen to a record C$38.5 billion ($29.09 billion) in 2...
Aug 12, 2020
Saudi stock exchange to launch environmental index with MSCI: CEO
RIYADH (Reuters) - Saudi Arabia's stock exchange (TADAWUL) plans to launch an environmental, social or governance (ESG) index in cooperation with global index provider MSCI by the fourth quarter of th...
Aug 12, 2020
U.S. July deficit falls to $63 billion on delayed tax payments
WASHINGTON (Reuters) - The U.S. federal budget deficit fell to $63 billion in July, half the amount of a year earlier and down from $864 billion in June, as a delayed July 15 tax payment deadline boos...
Aug 12, 2020
Mexico’s social security institute says 3,907 jobs lost in July
MEXICO CITY (Reuters) - The Mexican Social Security Institute (IMSS) said on Wednesday that 3,907 jobs were lost in July among employees registered with the institute due to the coronavirus health cri...
Aug 12, 2020
Explainer: How commodity trade finance works
By Julia Payne LONDON (Reuters) - Global banks were left shell-shocked this year by a series of commodity trader collapses after instances of fraud were laid bare by the coronavirus crisis. ABN Amro o...
Aug 12, 2020
U.S. sells record 10-year debt to strong demand
NEW YORK (Reuters) - The U.S. Treasury Department on Wednesday sold a record $38 billion in 10-year government notes to strong demand at a high yield of 0.677%, which was better than the 0.653% at the...
Aug 12, 2020
Twitter launches much-awaited developer software after hack delay
(Reuters) - Twitter Inc rolled out its new long-awaited Application Programming Interface (API) software on Wednesday, nearly a month after the social media company delayed the platform's launch follo...
Aug 12, 2020
New Jersey governor can borrow $9.9 billion to plug shortfalls, top state court rules
By Jonathan Stempel (Reuters) - New Jersey's highest court on Wednesday rejected an effort by state Republicans to block Democratic Governor Phil Murphy from borrowing as much as $9.9 billion to help ...
Aug 12, 2020
