Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Futures rise on China trade data; focus on corporate results
By Medha Singh (Reuters) - U.S. stock index futures gained on Tuesday as better-than-expected trade data from China and signs some economies might be preparing to ease sweeping lockdowns lifted the mo...
Apr 14, 2020
Pandemic survival plans: U.S. businesses scramble to conserve cash, boost liquidity
By Rajesh Kumar Singh CHICAGO (Reuters) - Charlie Straface, president of Norwegian aluminum maker Norsk Hydro's North American extrusion operations, convenes a coronavirus task force every other day t...
Apr 14, 2020
Explainer: Trump has little power to restart U.S. economy
By Jan Wolfe (Reuters) - President Donald Trump said on Monday it was his decision when to reopen the U.S. economy, which has been largely shut down to slow the spread of the novel coronavirus. The Re...
Apr 14, 2020
Toyota plans limited operations in France, Poland from April 22
TOKYO (Reuters) - Toyota Motor Corp on Monday said it plans to restart limited production at vehicle plants in France and Poland from April 22 after closing them due to the coronavirus pandemic. Most ...
Apr 14, 2020
India plans to fill strategic oil storage by the third week of May
By Nidhi Verma NEW DELHI (Reuters) - India plans to completely fill its strategic petroleum reserve (SPR) by the third week of May by moving about 19 million barrels into the sites by then, the managi...
Apr 14, 2020
UK government’s overdraft at BoE remained 370 million pounds on April 8
LONDON (Reuters) - The British finance ministry's overdraft at the Bank of England remained at 370 million pounds ($464.50 million) as of April 8, a day before the facility was expanded to help the go...
Apr 14, 2020
J.C. Penney to hire advisors as it mulls options for debt: Bloomberg News
(Reuters) - J.C. Penney Co Inc has approached consulting firm AlixPartners LLP as the U.S. retailer looks at options for managing its debt, Bloomberg News reported on Tuesday, citing people with knowl...
Apr 14, 2020
China’s 2020 GDP growth set to sink to 44-year low as coronavirus cripples economy: Reuters poll
BEIJING (Reuters) - China's economic growth is set to stumble to its slowest annual pace in nearly half a century, as the coronavirus health crisis shutters businesses and brings the global economy to...
Apr 14, 2020
Amazon fires two employees critical of warehouse working conditions
(Reuters) - Amazon.com Inc said on Tuesday it terminated two employees, who criticized the working conditions at the e-commerce giant's warehouses in the wake of the coronavirus pandemic, for "repeate...
Apr 14, 2020
Pandemic shows investment fund vulnerabilities, G20 watchdog says
By Huw Jones LONDON (Reuters) - Non-bank financial firms such as investment funds have exhibited vulnerabilities during the coronavirus crisis that may need fixing to help economies recover, a global ...
Apr 14, 2020
