Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Ford to gradually resume operations, production at Mexican plants
MEXICO CITY (Reuters) - Ford Motor Co will gradually resume operations and production at several of its Mexican plants, the automaker said on Wednesday, as the sector begins to come back online as cor...
May 27, 2020
Ackman says portfolio is up as much as 27%, sold Berkshire recently
BOSTON (Reuters) - Billionaire investor William Ackman told investors on Wednesday that his funds have gained as much as 27% this year and that the stocks he already owns are still cheap after the cor...
May 27, 2020
Deutsche Bank, BlackRock CEOs warn against too much optimism in markets
FRANKFURT (Reuters) - The heads of Deutsche Bank and BlackRock on Wednesday warned against too much optimism in financial markets. Deutsche Bank chief executive Christian Sewing said that investors sh...
May 27, 2020
Exclusive: Chevron sees up to 15% reduction in positions – memo
By Shariq Khan and Ron Bousso (Reuters) - Chevron Corp expects a 10% to 15% reduction in positions across the company as part of a restructuring at the second-largest U.S. oil producer that started la...
May 27, 2020
Beleaguered sterling heads into a perfect storm
By Olga Cotaga and Ritvik Carvalho LONDON (Reuters) - Sterling is beset by woes. The currency is struggling near its lowest levels in more than three decades, and a Brexit trade deal looks distant. Me...
May 27, 2020
UK’s Johnson vows to ‘double down’ on plans to boost economy
LONDON (Reuters) - British Prime Minister Boris Johnson said he wanted to "double down" on his previous promises of investing more in infrastructure and technology to help the economy recover from its...
May 27, 2020
U.S. sanctions advisory raises hurdles for global maritime industry
By Jonathan Saul, Humeyra Pamuk and Timothy Gardner LONDON/WASHINGTON (Reuters) - Ship owners and insurers say it may be impossible for the maritime industry to fully comply with the Trump administrat...
May 27, 2020
Starboard set to win eight board seats at GCP Applied Technologies-sources
By Svea Herbst-Bayliss (Reuters) - Hedge fund Starboard Value LP is close to having eight directors elected to the board of GCP Applied Technologies Inc at the chemical company's annual meeting, peopl...
May 27, 2020
Online shopping highlights Cuba’s inequality in time of coronavirus
By Marc Frank HAVANA (Reuters) - The coronavirus pandemic is highlighting growth in inequality in Communist Cuba as worsening shortages force most citizens to spend hours in line to purchase basic goo...
May 27, 2020
All 3 Detroit automakers had workers test positive for COVID-19 since plants reopened
DETROIT (Reuters) - In the week since U.S. auto factories reopened after coronavirus lockdowns, workers at all three Detroit automakers have tested positive for COVID-19 but only Ford Motor Co has tem...
May 27, 2020
