Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
When oil became waste: a week of turmoil for crude, and more pain to come
By David Gaffen (Reuters) - The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of U.S. oil futures , which had never dropped below $10 a barre...
Apr 26, 2020
Japan’s MUFG bank plans more staff cuts, totalling 8,000 by 2023: Yomiuri
TOKYO (Reuters) - The banking arm of Mitsubishi UFJ Financial Group Inc is planning to reduce staffing levels by another 2,000 people by fiscal 2023, the Yomiuri daily reported on Sunday, highlighting...
Apr 25, 2020
Virgin Atlantic says still talking with UK government on coronavirus funds
By Shubham Kalia (Reuters) - Virgin Atlantic is still talking with the British government about a bailout package to cope with the devastating effects of the coronavirus outbreak on travel as well as ...
Apr 25, 2020
G20 launches initiative for health tools needed to combat the coronavirus
RIYADH (Reuters) - The group of 20 rich and emerging economies on Sunday launched an international initiative to accelerate access to health tools needed to fight the new coronavirus. The finance mini...
Apr 25, 2020
Tesla is calling some workers back to California factory: Bloomberg News
(Reuters) - Tesla Inc is calling some workers back to its San Francisco Bay Area vehicle-assembly plant next week, Bloomberg News reported on Saturday. Tesla had suspended production at its Fremont, C...
Apr 25, 2020
UK retail readies for coronavirus lockdown easing with new guidance
LONDON (Reuters) - The British retail industry's lobby group and its main trade union on Sunday issued new guidance to retailers in preparation for an anticipated easing by the government of the count...
Apr 25, 2020
Mexico seeks voluntary pay cuts of 25% at Pemex: letter
By Adriana Barrera MEXICO CITY (Reuters) - Mexico's Petroleos Mexicanos (Pemex) is asking some staff to take pay cuts of 25% until December to help the heavily-indebted state oil firm weather the impa...
Apr 25, 2020
Venezuela’s largest private company calls government supervision ‘arbitrary’
CARACAS (Reuters) - Venezuelan food and beverage producer Empresas Polar, the largest private company in the socialist country, on Saturday called a new government move to supervise the company's food...
Apr 25, 2020
Special Report: Countries, companies risk billions in race for coronavirus vaccine
By Julie Steenhuysen, Peter Eisler, Allison Martell and Stephanie Nebehay (Reuters) - In the race to develop a vaccine to end the COVID-19 pandemic, governments, charities and Big Pharma firms are sin...
Apr 25, 2020
Argentina to exit Mercosur trade talks to focus on problems at home
By Hernan Nessi BUENOS AIRES (Reuters) - Argentina has decided to withdraw from ongoing trade negotiations with South American trade bloc Mercosur as it turns its focus on the growing economic crisis ...
Apr 25, 2020
