Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
‘It can’t last forever’: UK to unveil changes to furloughing scheme
LONDON (Reuters) - Britain will on Tuesday announce changes to programme that is paying the wages of more than 6 million workers at businesses affected by the coronavirus, its health minister said. Br...
May 12, 2020
Global commercial fishing falls 6.5% to end-April due to coronavirus
By Reade Levinson LONDON (Reuters) - Global commercial fishing activity for 2020 fell by around 1 million hours as of end-April, a 6.5% decline over the two previous years, the result of plummeting de...
May 12, 2020
Key Japan indicator drops at fastest pace in nine years, signals steep recession
By Kaori Kaneko TOKYO (Reuters) - A key economic indicator in Japan fell at the fastest pace since 2011 in March and the government warned of a deep recession as the coronavirus crisis takes a heavy t...
May 12, 2020
Saudi Aramco first-quarter net profit falls 25% as oil prices slump
DUBAI (Reuters) - Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed de...
May 12, 2020
Ryanair to recommend face masks on board, ban toilet queues
DUBLIN (Reuters) - Ryanair is to recommend that all passengers wear face masks on board when it reopens 40% of its route network on July 1 and customers will be required to ask crew to use the toilet,...
May 12, 2020
Vodafone meets full-year expectations, pulls guidance on COVID-19 uncertainty
LONDON (Reuters) - Vodafone , the world's second largest mobile operator, met expectations with a 2.6% rise in full-year core earnings to 14.9 billion euros ($16.10 billion), but did not give a curren...
May 12, 2020
Once taboo, investors begin to imagine negative U.S. rates
By Saqib Iqbal Ahmed and Tom Westbrook NEW YORK/SINGAPORE (Reuters) - Negative interest rates in the United States were once unimaginable. The coronavirus has changed that. While the Federal Reserve h...
May 12, 2020
Honda posts 13% drop in annual operating profit
TOKYO (Reuters) - Honda Motor Co on Tuesday posted an 13% decline in annual operating profit as the coronavirus pandemic started to take its toll on global car demand. Operating profit for the year en...
May 12, 2020
China announces new list of U.S. imports eligible for tariff waivers
BEIJING (Reuters) - China's finance ministry announced on Tuesday a new list of 79 U.S. products that will be eligible for import tariff waivers for one year. The ministry said the waivers will take e...
May 12, 2020
French economic downturn eased in April: central bank
PARIS (Reuters) - France's economic downturn eased up last month, although activity remained mired at levels far below normal following a coronavirus lockdown imposed in mid-March, the central bank sa...
May 12, 2020
