Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: Venezuela’s PDVSA cuts crude blending, output as inventories rise – sources, documents
By Luc Cohen, Mircely Guanipa and Marianna Parraga (Reuters) - Venezuela's state-run oil company Petroleos de Venezuela [PDVSA.UL] has cut crude production at several locations and its main crude blen...
Syndicated Content May 26, 2020
Nokian Tyres names Jukka Moisio as CEO
(Reuters) - Finnish tyre maker Nokian Tyres said on Tuesday its board has appointed Jukka Moisio as Chief Executive, taking over from Hille Korhonen immediately. Moisio has previously headed packaging...
Syndicated Content May 26, 2020
French carmaker Renault to cut 5,000 jobs by 2024: Le Figaro
PARIS (Reuters) - French carmaker Renault is about to announce plans to cut 5,000 jobs by 2024 in its drive to save 2 billion euros ($2.20 billion) in costs, according to a report published Tuesday by...
Syndicated Content May 26, 2020
Trump adviser says China making ‘big mistake’ on Hong Kong
By Daphne Psaledakis and Jeff Mason WASHINGTON (Reuters) - President Donald Trump's economic adviser said on Tuesday China was making "a big mistake" with planned national security legislation on Hong...
Syndicated Content May 26, 2020
U.S. business borrowing for equipment falls about 7% in April: ELFA
(Reuters) - U.S. companies' borrowings for capital investments fell about 7% in April from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Tuesday. The companies signed up...
Syndicated Content May 26, 2020
Brazil’s JBS being sued by labor prosecutors over COVID-19 outbreak
By Ana Mano SAO PAULO (Reuters) - Brazilian labor prosecutors are suing meatpacker JBS SA seeking damages and better work conditions after an outbreak of the novel coronavirus at a meat plant in Ipumi...
Syndicated Content May 26, 2020
Blackstone risks paying damages in dispute with Italy’s RCS
MILAN (Reuters) - Milan's Arbitral Tribunal has judged that the contracts over the sale of Italy's RCS headquarters to Blackstone in 2013 were valid but found that the purchaser's behaviour may entitl...
Syndicated Content May 26, 2020
Saudi public sector employees will return to work starting May 31
RIYADH (Reuters) - Saudi public sector employees will start returning to work gradually as of Sunday May 31, after more than two months of suspension amid strict measures to help curb the novel corona...
Syndicated Content May 26, 2020
‘Rally of hope’: Why the S&P soared back past 3,000
By David Randall NEW YORK (Reuters) - Unthinkable just two months ago as the world economy shut down in response to the coronavirus pandemic, the U.S. stock benchmark S&P 500 index broke through the p...
Syndicated Content May 26, 2020
Netherlands wants loans for EU recovery, Germany favours grants
BERLIN/AMSTERDAM (Reuters) - The Netherlands insists that the planned European Recovery Fund should hand out financial aid for virus-hit member states only as loans rather than grants that would not h...
Syndicated Content May 26, 2020
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