Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Russia’s Yandex.Taxi targets continued profitability even as rides plummet
By Nadezhda Tsydenova MOSCOW (Reuters) - Yandex.Taxi, the ride-hailing arm of Russian internet giant Yandex , is hoping to remain profitable in the second half of this year despite a sharp drop in sal...
Apr 28, 2020
Alcohol smuggling jumps in Namibia amid coronavirus crackdown
WINDHOEK (Reuters) - Namibian police reported on Tuesday a jump in people smuggling beers and whisky from neighbouring Angola and Zambia, using illegal border crossings to beat a ban on alcohol sales ...
Apr 28, 2020
Toilet paper trophy hunters on a roll as U.S. shortages start easing
By Martinne Geller and Lisa Baertlein LONDON/LOS ANGELES (Reuters) - U.S. consumers have begun spotting rare Quilted Northern and Charmin toilet paper rolls on store shelves across the United States, ...
Apr 28, 2020
Wells Fargo’s relationship with NRA is ‘declining’: CEO
(Reuters) - Wells Fargo & Co's relationship with firearm lobbying group the National Rifle Association is "declining," Chief Executive Charles Scharf told investors on Tuesday. Speaking at Wells Fargo...
Apr 28, 2020
Exclusive: Scotiabank to close its metals business – sources
By Peter Hobson LONDON (Reuters) - Bank of Nova Scotia (Scotiabank) told staff on Tuesday it would close its metals business, drawing the curtain on one of the most venerable names in precious metals ...
Apr 28, 2020
Launch of African free trade deal postponed due to coronavirus: official
LAGOS (Reuters) - The implementation of a mammoth African free trade agreement will not begin on July 1 as planned due to disruptions caused by the coronavirus outbreak, a senior official said on Tues...
Apr 28, 2020
Airline BA warns as many as 12,000 jobs to go
LONDON (Reuters) - British Airways plans to cut as many as 12,000 jobs in response to the coronavirus crisis that means that passenger numbers will take years to recover, its owner International Conso...
Apr 28, 2020
EU, Mexico conclude talks to update free trade deal
By Drazen Jorgic and Philip Blenkinsop MEXICO CITY/BRUSSELS (Reuters) - The European Union and Mexico finalised a major upgrade to their free trade deal on Tuesday after the two sides agreed to grant ...
Apr 28, 2020
BA owner swings to first-quarter loss, warns of major job cuts as virus punishes
LONDON (Reuters) - British Airways-owner IAG reported on Tuesday a big loss in the first quarter and warned it may cut up to 12,000 jobs in sweeping restructuring measures aimed at weathering the cris...
Apr 28, 2020
U.S. senator urges criminal probe of Amazon.com ‘predatory data practices’
By Diane Bartz WASHINGTON (Reuters) - Senator Josh Hawley urged the Justice Department on Tuesday to open a criminal probe of Amazon.com Inc, saying the online retailer was building a monopoly using "...
Apr 28, 2020
