Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Asia’s pandemic stimulus may slow the demise of coal
By Joe Brock SINGAPORE (Reuters) - Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritise boosting economies cri...
May 12, 2020
Thyssenkrupp second-quarter loss widens as coronavirus impact starts to show
FRANKFURT (Reuters) - Thyssenkrupp on Tuesday said its second-quarter net loss more than quintupled as the coronavirus pandemic hit all business lines at the struggling steel-to-submarines conglomerat...
May 12, 2020
Afghan airlines at risk of collapse, taking women’s jobs with them
By Orooj Hakimi KABUL (Reuters) - Shagufa Haidari, 23, a flight attendant for Afghanistan's Kam Air, used to fly six days a week around the country and abroad, to Istanbul, Islamabad and Delhi. Then t...
May 11, 2020
New Zealand’s pandemic budget sets stage for Ardern’s re-election bid
By Praveen Menon WELLINGTON (Reuters) - New Zealand will unleash billions of stimulus dollars at its annual budget this week to cushion the economic blow from the coronavirus pandemic, leaving it with...
May 11, 2020
Toyota expects annual profit to hit nine-year low as coronavirus saps car sales
TOKYO (Reuters) - Toyota Motor Corp said on Tuesday it expected to post its lowest annual operating profit in 9 years as the Japanese automaker grapples with the impact of the coronavirus, which has s...
May 11, 2020
Australia says China suspension of beef imports not tied to call for COVID-19 inquiry
SYDNEY (Reuters) - China decision to ban imports from four of Australia's largest beef processors was not a response to Canberra's call for independent inquiry into the origins of COVID-19, Australia'...
May 11, 2020
Malaysia’s March factory output falls 4.9%, worst drop in nine years
KUALA LUMPUR (Reuters) - Malaysia's industrial production index fell 4.9% from a year earlier in March, the sharpest decline in nearly a decade, government data showed on Tuesday, as curbs imposed to ...
May 11, 2020
Tim Hortons China says Tencent has invested, did not disclose amount
HONG KONG (Reuters) - Tim Hortons China said Tuesday it received an investment from Chinese tech giant Tencent, as the Canadian coffee brewer seeks to expand in the Chinese market. Tim Hortons said in...
May 11, 2020
Hyatt to restructure and lay off 1,300 employees
(Reuters) - Hyatt Hotels Corp said late Monday it would restructure roles and lay off employees across its operations worldwide, which would impact about 1,300 staff, amid a virtual halt in global tra...
May 11, 2020
Montana judge upholds ruling that canceled Keystone XL pipeline permit
By Timothy Gardner WASHINGTON (Reuters) - A federal judge in Montana on Monday upheld his ruling last month that canceled an environmental permit for the long-delayed Keystone XL oil pipeline and thre...
May 11, 2020
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