Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Samsung Elec expects second-quarter profit fall as virus hits sales of smartphones, TVs
By Hyunjoo Jin and Heekyong Yang SEOUL (Reuters) - Samsung Electronics Co Ltd said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smar...
Apr 28, 2020
U.S. muni market assesses Fed’s lifeline for cash-strapped states, cities
By Karen Pierog CHICAGO (Reuters) - The Federal Reserve broadened the universe of states and local governments that can tap into a new $500 billion borrowing program for cash needed in the wake of the...
Apr 28, 2020
Online news site Axios returning $4.8 million U.S. payroll loan
WASHINGTON (Reuters) - Online news site Axios said on Tuesday it was returning a $4.8 million U.S. loan amid a public backlash over some companies taking assistance from the program created by Congres...
Apr 28, 2020
South Korea’s March factory output expands unexpectedly as virus disrupts Chinese production
SEOUL (Reuters) - South Korea's factory output unexpectedly expanded at its sharpest pace in nearly 11 years in March, official data showed on Wednesday, aided by virus-related production disruptions ...
Apr 28, 2020
Large investor backs activist Starboard’s push for board seats at GCP Applied Technologies
By Svea Herbst-Bayliss BOSTON (Reuters) - An investor group that owns almost one-quarter of GCP Applied Technologies is backing activist investor Starboard Value's plan to remove most of the chemical ...
Apr 28, 2020
UK retailers cut non-food prices by most on record: BRC
LONDON (Reuters) - British retailers cut the prices of non-food items by the most since at least 2006 this month as they try to shift stock that they are struggling to sell due to the coronavirus, ind...
Apr 28, 2020
UK small firms use furlough scheme to avoid permanent job cuts: BCC
LONDON (Reuters) - Three of every four small British businesses have temporarily laid off staff using an emergency government scheme to pay their wages, minimising permanent job losses during the coro...
Apr 28, 2020
NYSE to reopen options trading floor in San Francisco on May 4
NEW YORK (Reuters) - The New York Stock Exchange on Tuesday said its NYSE Arca Options trading floor in San Francisco would partially reopen on May 4, but its New York-based trading floors would remai...
Apr 28, 2020
Malawi launches $40 monthly cash transfers to combat coronavirus impact
BLANTYRE (Reuters) - Malawi will launch an emergency cash transfer programme targeting about 1 million people and small businesses affected by the coronavirus pandemic, President Arthur Peter Mutharik...
Apr 28, 2020
Argentine budget airlines say government blindsided them with travel ban
By Marcelo Rochabrun and Eliana Raszewski SAO PAULO/BUENOS AIRES (Reuters) - Argentina's two low-cost airlines on Tuesday accused its Peronist government of lying about whether the implementation of a...
Apr 28, 2020
