Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Hedge funds target France as short-selling bans lifted
By Maiya Keidan LONDON (Reuters) - A cluster of big name hedge funds have started betting against French companies, moving in after the lifting of a short-selling ban imposed earlier this year to calm...
May 26, 2020
Demand rise, output cuts could mean oil market balance in June
By Noah Browning LONDON (Reuters) - Recovering demand as coronavirus lockdowns ease combined with output cuts by top producers could balance global oil markets as soon as June, some analysts and banks...
May 26, 2020
Supercar maker McLaren to cut 1,200 jobs amid pandemic: Sky News
(Reuters) - Surrey-based supercar maker McLaren is cutting about 1,200 jobs from its workforce as it deals with the COVID-19 pandemic, Sky News reported on Tuesday. The job cuts equate to more than 25...
May 26, 2020
COVID-19 lawsuit takes on McDonald’s like it was a rowdy bar
By Tom Hals (Reuters) - As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to streng...
May 26, 2020
Armed with whistleblower tips, U.S. SEC cracks down on coronavirus misconduct
By Katanga Johnson WASHINGTON (Reuters) - The novel coronavirus outbreak and economic fallout is proving to be a bonanza for whistleblower lawyers as the U.S. securities regulator cracks down on a ran...
May 26, 2020
Exclusive: Coronavirus spreads in Brazil’s oilfields, as five offshore operators register cases
By Gram Slattery and Marta Nogueira RIO DE JANEIRO (Reuters) - Norway's Equinor ASA and Anglo-French firm Perenco are among at least five oil producers that have registered coronavirus cases among emp...
May 26, 2020
Kremlin says OPEC+ to analyse market before deciding on further policy
MOSCOW (Reuters) - The group of OPEC+ countries will look at how the situation on global oil markets develops before taking any policy decisions, the Kremlin said on Tuesday, when asked if additional ...
May 26, 2020
Striking workers block doors of Tata Steel plant in Netherlands
AMSTERDAM (Reuters) - A group of around 100 striking workers blocked the doors at Tata Steel's main IJmuiden plant in the Netherlands on Tuesday morning, in what labour representatives said was a spon...
May 26, 2020
Ryanair vows to appeal against Lufthansa aid package
DUBLIN/PARIS (Reuters) - Ryanair will contest a 9 billion-euro ($9.9 billion) German aid package for Lufthansa, the budget airline's Chief Executive Michael O'Leary said in a statement on Tuesday. The...
May 26, 2020
UK retailers report widespread cashflow difficulties: CBI
LONDON (Reuters) - Eight out of 10 British retailers reported cash flow difficulties this month as sales dropped sharply again during the coronavirus lockdown, an industry survey showed on Tuesday. Th...
May 26, 2020
