Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
GM to restart part of its plant in Silao, Mexico, Thursday
MEXICO CITY (Reuters) - General Motors Co will restart its eight-speed transmission line at its plant in Silao in Mexico's Guanajuato state on Thursday, according to a company message sent to workers....
May 21, 2020
Children’s books, puzzles and wireless bras: the Canadian products thriving in a pandemic
By Moira Warburton TORONTO (Reuters) - A children's bookshop in Halifax, a game store in Vancouver, and a Toronto-based company making wireless bras and loungewear are among the few companies and prod...
May 21, 2020
Ex-Refco CEO Bennett wins compassionate release from prison, to be deported to U.K.
By Jonathan Stempel NEW YORK (Reuters) - The former chief executive of Refco Inc, one of the world's largest commodities brokerages before its 2005 bankruptcy, has been granted compassionate release f...
May 21, 2020
Argentina creditor Greylock says default hard to avoid, but debt deal doable
By Cassandra Garrison and Marc Jones BUENOS AIRES (Reuters) - Argentina probably cannot avoid defaulting on a bond payment due on Friday, but a deal to restructure $65 billion in foreign debt should s...
May 21, 2020
Miner Hudbay Minerals expects delay to Peru copper expansion
(Reuters) - Canadian miner Hudbay Minerals Inc expects a delay of up to four months before it can start mining an extension at its Constancia copper mine in Peru, the miner's chief executive said on T...
May 21, 2020
U.S. senators urge Delta, JetBlue to backtrack on employee hour cuts
By David Shepardson and Tracy Rucinski (Reuters) - A group of U.S. senators is urging Delta Air Lines Inc and JetBlue Airways Corp to immediately reverse their decisions to reduce employees' hours, sa...
May 21, 2020
Kayne Anderson’s energy fund managing partner Chuck Yates leaves: sources
(Reuters) - Chuck Yates, managing partner of Kayne Anderson Capital Advisors' energy fund, has left the investment management firm, three sources familiar with the matter told Reuters on Thursday. Yat...
May 21, 2020
Exclusive: Brazilian reinsurer IRB Brasil in talks to buy rivals’ portfolios – sources
By Aluisio Alves SAO PAULO (Reuters) - Brazilian reinsurer IRB Brasil Resseguros SA is in advanced negotiations to buy rivals' portfolios in Brazil and elsewhere in Latin America as foreign competitor...
May 21, 2020
Russia’s April industrial output fell 6.6% year-on-year as lockdown took hold
By Andrey Ostroukh MOSCOW (Reuters) - Russia's industrial output shrank 6.6% in April, the first full month of a lockdown due to COVID-19, driven by a drop in the manufacturing sector, data showed on ...
May 21, 2020
Measuring Brazil’s historic selloff of U.S. Treasuries in March
By Jamie McGeever BRASILIA (Reuters) - Brazil sold a record $21.5 billion of U.S. Treasuries in March as it battled a stampede of foreign investors out of its markets and a subsequent plunge in the ex...
May 21, 2020
