Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China state planner confident consumption to show improvement in May
BEIJING (Reuters) - Chinese consumption will show signs of improvement in May as new forms of consumption such as e-commerce are encouraged, the state economic planner said on Sunday. Consumption has ...
May 23, 2020
British lawmaker says UK must defend its companies against overseas takeovers: FT
(Reuters) - Britain must defend its companies against overseas takeovers in the aftermath of the crisis caused by the coronavirus outbreak, a senior British lawmaker said, adding that China's state-ow...
May 23, 2020
In Oklahoma pork-packing town, COVID stirs fear, faith and sorrow
By Andrew Hay and Andy Sullivan GUYMON, Okla./Washington - (Reuters) - Over 25 years, the massive pork plant that dominates this small city brought jobs, new residents and an economic lifeline to a sl...
May 23, 2020
Argentina defaults on bond payments as debt talks heat up
By Cassandra Garrison, Adam Jourdan and Hugh Bronstein BUENOS AIRES (Reuters) - Argentina missed payments on around $500 million in already delayed bond coupons on Friday, creditors and a ratings agen...
May 23, 2020
Jaguar seeks state loan as coronavirus pandemic takes toll: Sky News
(Reuters) - Jaguar Land Rover is in talks with the British government about a request for temporary state funding of more than 1 billion pounds ($1.22 billion), Sky News reported https://bit.ly/3gqveg...
May 23, 2020
UK to require employers to pay 20-30% of furloughed wage cost: The Times
LONDON (Reuters) - The United Kingdom has drawn up plans to require employers to cover 20% to 30% of furloughed employees' wages from August to reduce the vast burden of the coronavirus crisis on gove...
May 23, 2020
Japan’s SpaceJet maker closes overseas sites, mulls cuts at home amid coronavirus squeeze
(Reuters) - SpaceJet regional aircraft maker, Mitsubishi Aircraft, said it is closing overseas operations that employ hundreds of people and may cut staff at home after its parent company slashed the ...
May 22, 2020
Credit Suisse CEO expects mid-term headcount reduction in post-COVID adjustment: NZZ
ZURICH (Reuters) - Credit Suisse expects to get by with fewer staff in coming years as automation kicks off, Chief Executive Thomas Gottstein told Swiss newspaper NZZ, and as the bank positions itself...
May 22, 2020
Mexico’s Puebla state says restart of auto industry not yet possible
MEXICO CITY (Reuters) - The government of Mexico's Puebla state said on Friday that "conditions do not exist" to re-start activities in the automotive and construction industries, given the need to mi...
May 22, 2020
Kuehne+Nagel owner sees about 20,000 job cuts: Die Welt
ZURICH (Reuters) - Freight-forwarder Kuehne+Nagel may cut more than 20,000 jobs, with warehouse workers most affected, as the coronavirus-caused economic crisis hits shipping, controlling shareholder ...
May 22, 2020
