Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
PepsiCo scraps forecast due to coronavirus crisis
(Reuters) - PepsiCo Inc reported a rise in first-quarter revenue, but ditched its full-year forecast on Tuesday, citing uncertainty around the globe due to the novel coronavirus pandemic. The company'...
Apr 28, 2020
Southwest posts first quarterly loss in nine years and warns of more coronavirus clouds
By Tracy Rucinski (Reuters) - Southwest Airlines Co posted on Tuesday a $94 million net loss in the first quarter, its first quarterly loss in nine years, due to the coronavirus pandemic and said it s...
Apr 28, 2020
Nearly half of bankers in central bank survey say China monetary policy loose in Q1
BEIJING (Reuters) - Nearly half of bankers in a Chinese central bank survey said that monetary policy for the January-March quarter was loose, according to results published by the People's Bank of Ch...
Apr 28, 2020
Coronavirus brings UK retailers worst month since 2008: CBI
LONDON (Reuters) - British retailers suffered their biggest fall in sales since the 2008 financial crisis in the first half of this month as the coronavirus hit demand and forced store closures, the C...
Apr 28, 2020
Ford investors keen for details on when automaker will restart U.S. operations
By Ben Klayman and Nick Carey DETROIT (Reuters) - Investors already know how the coronavirus outbreak has hurt Ford Motor Co's bottom line, so when the automaker releases first-quarter results on Tues...
Apr 28, 2020
Exclusive: North Korea economic delegation to visit Beijing for food, trade talks – sources
BEIJING (Reuters) - A North Korean economic delegation is due to arrive in Beijing this week to discuss food supplies and trade issues as the coronavirus pandemic has severely disrupted the country's ...
Apr 28, 2020
Exclusive: Aurubis to win EU approval for Metallo takeover – sources
By Foo Yun Chee BRUSSELS (Reuters) - Europe's biggest copper smelter Aurubis is set to win EU antitrust approval for its planned 380-million-euro ($412 million) acquisition of Belgian-Spanish metal re...
Apr 28, 2020
Trouble in paradise: Spanish holiday island reels from coronavirus
By Sonya Dowsett and Isla Binnie MADRID (Reuters) - On the tourism-dependent Spanish island of Mallorca, a total shutdown of hotels due to the coronavirus outbreak has destroyed livelihoods across the...
Apr 28, 2020
German retailers seek full reopening from May 4
BERLIN (Reuters) - German retailers sought on Tuesday to persuade the government to let all stores operate normally from May 4, saying customers had not stormed back into the smaller shops that were a...
Apr 28, 2020
Norwegian Air slightly amends terms of conversion plan after talks with bondholders
OSLO (Reuters) - Norwegian Air , the budget carrier that is fighting for its survival, has made some amendments to the terms of its debt-to-equity conversion plan in response to demands from bondholde...
Apr 28, 2020
