Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Warehouse workers risk COVID-19 to ship Gucci shades, face cream, sofas
By Chris Kirkham, Reade Levinson and Nandita Bose (Reuters) - As U.S. authorities ordered shutdowns of non-essential businesses to fight coronavirus, retailer Nordstrom Inc closed hundreds of stores a...
Apr 11, 2020
EU approves 50 billion euro Belgian state aid for coronavirus-hit firms
BRUSSELS (Reuters) - The European Commission, in charge of EU state aid rules, approved on Saturday a 50 billion euro Belgian loan guarantee scheme that aims to support companies during the coronaviru...
Apr 11, 2020
UAE says OPEC+ output cut decision will have a major impact
CAIRO (Reuters) - United Arab Emirates' energy minister Suhail Al Mazrouei said on Saturday that an OPEC+ decision to cut oil supply will have a major impact on rebalancing the oil market amid the cor...
Apr 11, 2020
Air France in talks with French govt over emergency funding: Les Echos
By Maya Nikolaeva and Marine Pennetier PARIS (Reuters) - Air France KLM has requested several billion euros of emergency funds from the French state while it negotiates a loan package from banks, whic...
Apr 11, 2020
Saudi Aramco to release May crude official prices on Sunday: source
DUBAI (Reuters) - Saudi Arabia plans to announce its crude prices for May on Sunday, a source told Reuters, having delayed the official release until after it finalizes a global oil supply cut deal. (...
Apr 11, 2020
Norway says still willing to cut oil output if OPEC+ plan implemented
OSLO (Reuters) - Norway, Western Europe's largest oil producer, said on Saturday the country was still considering cutting oil production if the OPEC+ group implemented its plan. "How any potential ou...
Apr 11, 2020
Staff mailboxes at Italy’s Monte dei Paschi suffer hacker attack: document
By Angelo Amante ROME (Reuters) - Hackers have accessed the mailboxes of some employees at Italian state-owned bank Monte dei Paschi and sent emails to clients, according to a notice to customers seen...
Apr 11, 2020
EU puts anti-dumping duties on stainless steel from China, Indonesia and Taiwan
By Tom Daly (Reuters) - The European Commission has imposed provisional anti-dumping duties on some stainless steel products from China, Indonesia and Taiwan, according to the official EU journal, nea...
Apr 11, 2020
Siemens CEO rules out job cuts from coronavirus impact
ZURICH (Reuters) - Siemens will not cut its workforce because of the economic downturn triggered by the new coronavirus, Chief Executive Joe Kaeser said, although short-time working measures could be ...
Apr 11, 2020
Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19
(Reuters) - U.S. aero parts maker Triumph Group Inc said it was furloughing about 2,300 employees across its U.S. and European plants for two to four weeks to cut capacity linked to Boeing commercial ...
Apr 10, 2020
