Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Mexico’s Cemex asks employees, executives to take reduced pay amid coronavirus
MEXICO CITY (Reuters) - Mexican cement maker Cemex said on Wednesday that it had asked employees to voluntarily defer 10% of their monthly salaries and members of the executive team to give up 15% of ...
Apr 08, 2020
Exxon used economic uncertainty to push for Paulsboro, N.J., contract: sources
HOUSTON (Reuters) - Exxon Mobil Corp used economic uncertainty tied to the coronavirus pandemic to urge workers at its lubricants and packaging plant in Paulsboro, New Jersey, to vote for a proposed c...
Apr 08, 2020
BOJ’s Kuroda warns corporate funding strains worsening
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Thursday warned that uncertainty over the country's economic outlook was "extremely high," with corporate funding strains worsening. "The sp...
Apr 08, 2020
Australian businesses, households can withstand GDP contraction: RBA
SYDNEY (Reuters) - Australian businesses and households are well placed to face the "large contraction" in economic activity from the coronavirus crisis though it will test their financial resilience,...
Apr 08, 2020
Mexican president lashes out at companies over layoffs, taxes as big business seethes
MEXICO CITY (Reuters) - Mexico's president threw himself into a new confrontation with businesses on Wednesday, accusing big companies of not paying taxes and upbraiding others for laying off workers ...
Apr 08, 2020
Risk currencies buoyed by cautious hopes pandemic is peaking
By Hideyuki Sano TOKYO (Reuters) - Risk-sensitive currencies climbed on Thursday on budding optimism the coronavirus pandemic may be peaking although the euro was dented by the European Union's failur...
Apr 08, 2020
Mexico auto sector to resume operations once U.S. industry gears up
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Wednesday the domestic auto sector can resume operations shortly after the U.S. industry gears up from a coronavirus-led h...
Apr 08, 2020
Russia, Saudi to debate oil output cuts as U.S. resists joining
By Rania El Gamal, Olesya Astakhova and Ahmad Ghaddar DUBAI/MOSCOW/LONDON (Reuters) - OPEC and Russia meet on Thursday to try to agree to record oil output cuts but their efforts to address the slump ...
Apr 08, 2020
March cargo imports tumble at top U.S. seaports
By Lisa Baertlein LOS ANGELES (Reuters) - March imports dropped 26% at the Port of Los Angeles and 5% at the adjacent Port of Long Beach - the busiest U.S. sea trade gateways - as the novel coronaviru...
Apr 08, 2020
Asia shares set to follow Wall Street’s rally
By Chris Prentice WASHINGTON (Reuters) - Asian shares were poised to track Wall Street's gains on Thursday on hopes the coronavirus pandemic is nearing a peak and that governments would roll out more ...
Apr 08, 2020
