Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
McDonald’s quarterly same-store sales fall more than market expectations
(Reuters) - McDonald's Corp said first-quarter comparable sales declined 3.4%, as the world's largest burger chain had to shutter stores and stick to delivery or take-out due to the coronavirus outbre...
Apr 08, 2020
Constellation Brands cuts back Mexico operations to protect workers
MEXICO CITY (Reuters) - U.S. brewer Constellation Brands has begun reducing operations at its breweries in Mexico to protect its workers in line with government directives to contain the spread of the...
Apr 08, 2020
WTO sees ‘ugly’ trade plunge, likely worse than financial crisis
By Philip Blenkinsop BRUSSELS (Reuters) - The World Trade Organization on Wednesday forecast that goods trade would shrink more steeply this year than in the global financial crisis a decade ago befor...
Apr 08, 2020
HSBC reports potential money laundering breaches in Australia
LONDON (Reuters) - HSBC has reported itself to Australia's financial regulator for possible breaches of anti-money laundering rules, the bank disclosed in a regulatory filing by its Australian subsidi...
Apr 08, 2020
Germany’s short-time work fix offers Europe a crisis model
By Edward Taylor and Jan Schwartz FRANKFURT/HAMBURG (Reuters) - A tried-and-tested German model of sending workers home in exchange for job guarantees during downturns could help the European Union li...
Apr 08, 2020
German foreign ministry restricts use of Zoom over security concerns: report
BERLIN (Reuters) - The German foreign ministry has restricted use of the video conferencing service Zoom , saying in an internal memo to employees that security and data protection weaknesses made it ...
Apr 08, 2020
Tiffany says Australian regulators seek more time to review LVMH deal
(Reuters) - Tiffany & Co said on Wednesday Australian regulators have sought more time to review LVMH's multi-billion dollar purchase of the U.S. jeweler due to the coronavirus outbreak, potential...
Apr 08, 2020
Spirit AeroSystems halts production for Boeing jets indefinitely
(Reuters) - Spirit AeroSystems , Boeing's top supplier, said on Wednesday it had stopped production for the planemaker for an indefinite period and would furlough workers supporting Boeing programs in...
Apr 08, 2020
Belgian economy could shrink 8% in 2020 due to coronavirus measures
By Philip Blenkinsop BRUSSELS (Reuters) - The Belgian economy could contract by 8% this year due to measures to contain the coronavirus before a sharp rebound in 2021, the country's central bank and n...
Apr 08, 2020
Pelosi, Schumer back emergency business funds amid coronavirus
WASHINGTON (Reuters) - Democratic leaders in Congress on Wednesday threw their support behind interim emergency funding a day after the Trump administration asked U.S. lawmakers for another $250 billi...
Apr 08, 2020
