Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. strikes at a Huawei prize: chip juggernaut HiSilicon
By Josh Horwitz SHANGHAI (Reuters) - The latest U.S. government action against China's Huawei takes direct aim the company's HiSilicon chip division--a business that in a few short years has become ce...
May 21, 2020
Brazil unemployment insurance claims in first two weeks of May jump 76.2%: Economy Ministry
BRASILIA (Reuters) - Formal unemployment insurance claims in Brazil in the first two weeks of May rose to 504,313, the Economy Ministry said on Thursday, a rise of 76.2% from the same period a year ea...
May 21, 2020
Judgment on key aspect of Huawei CFO’s extradition trial in Canada due next Wednesday
By Moira Warburton (Reuters) - A decision on a key legal aspect of the trial over whether Huawei Technologies Chief Financial Officer Meng Wanzhou can be extradited to the United States from Canada wi...
May 21, 2020
Top safety official at Waymo self-driving unit stepping down
By David Shepardson WASHINGTON (Reuters) - Alphabet Inc's Waymo self-driving unit said on Thursday that its chief safety officer, Debbie Hersman, was stepping down but would remain as a consultant to ...
May 21, 2020
Bank of Japan to create its version of Fed’s ‘Main Street’ lending scheme
By Leika Kihara TOKYO (Reuters) - Japan's central bank will create its own version of the U.S. Federal Reserve's "Main Street" lending programme to channel more money to small businesses, in a bid to ...
May 21, 2020
U.S. meat inventories tightened as virus shut slaughterhouses: USDA
By Tom Polansek CHICAGO (Reuters) - U.S. frozen pork inventories fell in April, when they typically rise, and beef inventories dropped more than normal as the coronavirus pandemic shut slaughterhouses...
May 21, 2020
Marfrig, Minerva’s Brazil cattle processing plants operational despite COVID-19 cases
By Nayara Figueiredo SAO PAULO (Reuters) - Brazilian meat producers Marfrig Global Foods and Minerva SA have registered coronavirus cases among workers in cattle processing plants this week but the un...
May 21, 2020
‘I’ve not yet signed Renault loan’, says French finance minister
PARIS (Reuters) - France's Finance Minister Bruno Le Maire said he has not signed off on a 5 billion euro ($5.47 billion) state-guaranteed loan to help Renault cope with the fallout from the coronavir...
May 21, 2020
Brazil emergency measures to have 4.7% of GDP impact on budget: official
BRASILIA (Reuters) - Brazil's emergency measures to support the economy during the coronavirus pandemic will have a 344.6 billion reais ($62 billion) impact on this year's primary budget balance, wort...
May 21, 2020
Hewlett Packard to cut costs by $1 billion, reduces CEO pay by 25% on pandemic woes
(Reuters) - Hewlett Packard Enterprise on Thursday unveiled a plan to cut costs by at least $1 billion by 2022 and said it would reduce the base salary of its chief executive officer by 25%, in respon...
May 21, 2020
