Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Mexican economy could shrink up to 8.8% in 2020, outlook hazy: central bank
MEXICO CITY (Reuters) - Mexico's central bank on Wednesday said the economy could contract by as much as 8.8% in 2020 as it published a range of forecasts due to uncertainty caused by the coronavirus ...
May 27, 2020
Brazil’s JBS plant closed amid COVID-19 outbreak in Rondônia state: statement
SAO PAULO (Reuters) - A labor court in Brazil's remote state of Rondonia ordered the closure of a plant operated there by JBS SA until the company tests all employees in the unit for the coronavirus, ...
May 27, 2020
American Airlines CEO quells U.S. bankruptcy talk, says demand improving
(Reuters) - American Airlines Group Inc's is not considering a Chapter 11 bankruptcy filing, Chief Executive Doug Parker said at a conference on Wednesday, and shot down speculation that a major U.S. ...
May 27, 2020
U.S. businesses slammed by pandemic but see some green shoots, Fed says
By Jonnelle Marte and Lindsay Dunsmuir (Reuters) - U.S. businesses continued to be hammered by the effects of the novel coronavirus epidemic in the United States into the middle of May, a Federal Rese...
May 27, 2020
Bullard: ‘High contact’ industries still suffering, others adapting as they restart
WASHINGTON (Reuters) - The U.S. economy may well have hit its low point last month and businesses are gradually leaning to cope with the new reality of doing business amid continued concerns around th...
May 27, 2020
Zambia picks French firm Lazard Freres as debt advisers
LUSAKA (Reuters) - Zambia has picked French company Lazard Freres to provide advisory services regarding liability management for its debt portfolio, Secretary to the Treasury Fredson Yamba said on We...
May 27, 2020
Ford to gradually resume operations, production at Mexican plants
MEXICO CITY (Reuters) - Ford Motor Co will gradually resume operations and production at several of its Mexican plants, the automaker said on Wednesday, as the sector begins to come back online as cor...
May 27, 2020
Ackman says portfolio is up as much as 27%, sold Berkshire recently
BOSTON (Reuters) - Billionaire investor William Ackman told investors on Wednesday that his funds have gained as much as 27% this year and that the stocks he already owns are still cheap after the cor...
May 27, 2020
Deutsche Bank, BlackRock CEOs warn against too much optimism in markets
FRANKFURT (Reuters) - The heads of Deutsche Bank and BlackRock on Wednesday warned against too much optimism in financial markets. Deutsche Bank chief executive Christian Sewing said that investors sh...
May 27, 2020
Exclusive: Chevron sees up to 15% reduction in positions – memo
By Shariq Khan and Ron Bousso (Reuters) - Chevron Corp expects a 10% to 15% reduction in positions across the company as part of a restructuring at the second-largest U.S. oil producer that started la...
May 27, 2020
