Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Abu Dhabi economy to contract by about 7.5% this year – S&P
DUBAI (Reuters) - Abu Dhabi's real gross domestic product (GDP) is expected to contract by 7.5% this year because of lower oil production and the impact of the new coronavirus outbreak, S&P Global Rat...
May 30, 2020
Google postpones Android 11 unveiling amid U.S. protests
(Reuters) - Alphabet Inc's Google on Saturday said it has postponed next week's planned unveiling of the beta version of its latest Android 11 mobile operating system in light of protests and unrest i...
May 30, 2020
U.S. pipeline operator Energy Transfer warns of coming job cuts
By Shariq Khan (Reuters) - U.S. pipeline operator Energy Transfer LP will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak oil and gas prices on the energy ...
May 29, 2020
U.S. businesses awake to ‘sad day’ in Hong Kong as Trump moves to squeeze economic ties
By Anne Marie Roantree HONG KONG (Reuters) - The American Chamber of Commerce in Hong Kong said on Saturday it was a sad day for the global financial centre, hours after U.S. President Donald Trump mo...
May 29, 2020
Exclusive: Zoom plans to roll out strong encryption for paying customers only
By Joseph Menn SAN FRANCISCO (Reuters) - Zoom , the video conferencing provider whose business has boomed with the COVID-19 pandemic, plans to strengthen encryption on video calls made by paying clien...
May 29, 2020
UK property firm Rightmove sees record website views as market picks up
LONDON (Reuters) - British biggest property website, Rightmove, said it had its busiest day on record this week, suggesting the housing market is picking up after the government eased its coronavirus ...
May 29, 2020
Southwest Airlines CEO sees low-fare environment when traffic returns
(Reuters) - Southwest Airlines Co Chief Executive Officer Gary Kelly said on Friday he expects a "brutal low-fare" environment when traffic returns after coronavirus-induced restrictions ease. "There ...
May 29, 2020
Sale of shut Philly refinery to real estate developer delayed
By Laila Kearney NEW YORK (Reuters) - The closing of a $252 million sale of the Philadelphia Energy Solutions (PES) oil refinery to a Chicago-based real estate developer has been delayed, a city offic...
May 29, 2020
Mexico’s Femsa says will pay $398 million in taxes
By Daina Beth Solomon MEXICO CITY (Reuters) - Mexican conglomerate Femsa said on Friday it will pay $398 million in taxes after reaching an agreement with authorities, marking another win for Mexico's...
May 29, 2020
Preliminary agreement reached in Lufthansa bailout row: source
BERLIN/FRANKFURT (Reuters) - Germany and Brussels have reached a preliminary agreement in the ongoing row over the 9 billion euro ($10 billion) bailout of carrier Lufthansa , two people familiar with ...
May 29, 2020
