Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Argentina issues $1.76 billion in swap as deadline approaches on debt proposal
BUENOS AIRES (Reuters) - Argentina said on Thursday it had exchanged treasury bonds in local currency for new instruments worth a total of 118.365 billion pesos ($1.76 billion) on the eve of a deadlin...
May 07, 2020
Japan’s coronavirus shutdowns push service sector activity to record low: PMI
TOKYO (Reuters) - Japan's services sector shrank at the fastest pace on record in April as a huge blow to demand from the coronavirus epidemic and subsequent lockdown measures greatly hurt business ac...
May 07, 2020
Aerospace firm Safran cuts 3,000 workers in Mexico as coronavirus hits demand
By Daina Beth Solomon MEXICO CITY (Reuters) - France's Safran , the world's third-largest aerospace supplier, said on Thursday it had laid off 3,000 employees in Mexico as the aerospace industry faces...
May 07, 2020
Volkswagen says extends suspension of Mexico operations through June 1
MEXICO CITY (Reuters) - German automaker Volkswagen will extend through June 1 a suspension of operations at its plants in Mexico's Puebla and Guanajuato states due to the ongoing coronavirus pandemic...
May 07, 2020
Asia stocks poised to rise as upbeat earnings trump jobs gloom
By David Henry NEW YORK (Reuters) - Asian stocks were set to track Wall Street gains on Friday, after upbeat corporate earnings took the focus off upcoming data that is expected show the worst U.S. un...
May 07, 2020
Neiman Marcus’s attempt to manage crushing debt undone by COVID-19
By Mike Spector and Melissa Fares NEW YORK (Reuters) - On March 17, about a week after the World Health Organization declared COVID-19 a pandemic, Neiman Marcus Group had no choice but to close its 67...
May 07, 2020
Japan household spending falls in March as pandemic pain deepens
By Leika Kihara TOKYO (Reuters) - Japan's household spending fell 6.0% in March from a year earlier, government data showed on Friday, underscoring the deepening pain the coronavirus pandemic is infli...
May 07, 2020
Unilever’s Ben & Jerry’s prevails in ‘happy cows’ lawsuit
By Jonathan Stempel (Reuters) - Ben & Jerry's won the dismissal on Thursday of a lawsuit by an environmental advocate who claimed the company deceived consumers by saying it used milk and cream from "...
May 07, 2020
Portugal’s unemployment rate could hit around 10% by end of 2020: finance minister
By Catarina Demony and Sergio Goncalves LISBON (Reuters) - Portuguese Finance Minister Mario Centeno said on Thursday the unemployment rate could hit around 10% by the end of the year, compared to 6.7...
May 07, 2020
World Bank approves $506 million in pandemic aid for Ecuador
WASHINGTON (Reuters) - The World Bank's board of directors on Thursday approved $506 million in emergency loans and grants for Ecuador to help the Andean country grapple with one of the worst coronavi...
May 07, 2020
