Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK factories report biggest output drop in over 40 years
LONDON (Reuters) - British factories reported the sharpest fall in output in more than four decades during the three months to May as around half of them implemented partial shutdowns due to the coron...
May 21, 2020
While U.S. economy slides, heartland auto dealers cry out for more trucks
By Nick Carey URBANDALE, Iowa (Reuters) - Jerry Bill is worried the novel coronavirus could hurt business at the Des Moines auto dealership he runs, but not because of a shortage of buyers for the big...
May 21, 2020
Argentina looks to rewrite history as default No. 9 looms
By Hugh Bronstein and Rodrigo Campos BUENOS AIRES/NEW YORK (Reuters) - Buenos Aires estate agent Esperanza Abondano is feeling the pinch of Argentina's debt crisis as the country inches toward a poten...
May 21, 2020
Gap rushes in more robots to warehouses to solve virus disruption
By Jeffrey Dastin SAN FRANCISCO (Reuters) - U.S. apparel chain Gap Inc is speeding up its rollout of warehouse robots for assembling online orders so it can limit human contact during the coronavirus ...
May 21, 2020
Traders Beware: U.S. taps new tools to find fraud in volatile commodities market
By Chris Prentice WASHINGTON (Reuters) - When the U.S. Department of Justice charged a handful of JP Morgan Chase & Co traders in 2018 and 2019 with alleged commodities futures manipulation, it wasn't...
May 21, 2020
In SoftBank slides, tofu, a goose and unicorns underpin sales pitch
By Sam Nussey TOKYO (Reuters) - A chastened Masayoshi Son summed up SoftBank Group Corp's record $13 billion operating loss on stage this week with a striking image: unicorns tumbling into the "valley...
May 21, 2020
Lebanese PM: central bank to intervene to protect Lebanese pound
BEIRUT (Reuters) - Lebanon's central bank will intervene in the market starting from Thursday to protect the Lebanese pound whose declining value has forced up the price of food and other commodities,...
May 21, 2020
TheCityUK hires former lawmaker to navigate Brexit, COVID-19
LONDON (Reuters) - The body for promoting Britain's financial services sector overseas said on Thursday it had appointed a former senior lawmaker to head its policy work as the industry grapples with ...
May 21, 2020
COVID crisis eases slightly for UK economy in May: PMIs
LONDON (Reuters) - Britain's economy flattened out a bit this month from its nosedive in April caused by the coronavirus lockdown, but it remains in the grip of a severe contraction, a business survey...
May 21, 2020
LME open-outcry ring cannot reopen under social distancing: CEO
By Eric Onstad and Pratima Desai LONDON (Reuters) - The open-outcry floor at the London Metal Exchange (LME) may remain closed for several more months because reopening is impossible under COVID-19 so...
May 21, 2020
