Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Kraft-Heinz extends factory worker bonuses in pandemic
By Martinne Geller LONDON (Reuters) - Kraft Heinz will extend for two weeks a $100 per week stipend for factory workers producing its packaged foods during the COVID-19 pandemic, the company said on W...
Apr 22, 2020
U.S. auto sales begin recovery from March coronavirus drop: J.D. Power analysts
(Reuters) - Auto retail sales in the United States are beginning to recover from a massive slump in March due to the outbreak of the coronavirus and nationwide stay-at-home orders, according to analys...
Apr 22, 2020
Putin’s problems mount as coronavirus hits Russian economy
By Andrew Osborn MOSCOW (Reuters) - It was meant to be the day Russians voted to change the constitution to allow President Vladimir Putin to extend his rule until 2036. Instead, Putin spent Wednesday...
Apr 22, 2020
Son of Russian tycoon Gutseriyev buys bank in Belarus
MINSK (Reuters) - Said Gutseriyev, a son of Russian tycoon Mikhail Gutseriyev, has bought Paritetbank in Belarus, the country's state property committee said on Wednesday. Paritetbank, Belarus' fiftee...
Apr 22, 2020
IMF sees $50 billion in current demand for new short-term liquidity line
WASHINGTON (Reuters) - Current demand for the IMF's new short-term liquidity line could reach $50 billion from several countries, IMF officials said on Wednesday, saying the facility could help countr...
Apr 22, 2020
Two million UK employees on COVID-19 furlough: finance minister
LONDON (Reuters) - British businesses have registered more than 2 million staff as furloughed due to the coronavirus since a government wage support scheme opened on Monday, finance minister Rishi Sun...
Apr 22, 2020
Oil exec and Trump ally Hamm seeks U.S. probe of oil price crash
By Chris Prentice WASHINGTON (Reuters) - The founder of Continental Resources Inc , an ally of U.S. President Donald Trump, is pressing the U.S. commodity markets regulator and the exchange to probe w...
Apr 22, 2020
McConnell says he favors state bankruptcy over more federal aid
WASHINGTON (Reuters) - U.S. Senate Majority Leader Mitch McConnell on Wednesday opened the door to allowing U.S. states to file for bankruptcy to deal with economic losses stemming from the coronaviru...
Apr 22, 2020
Google says state-backed hackers increasing coronavirus phishing attacks
(Reuters) - Security experts at Alphabet Inc's Google have identified more than a dozen government-backed hacking groups using the COVID-19 pandemic as cover for phishing and malware attempts. Google ...
Apr 22, 2020
Portuguese banks may need to halt loan repayments for longer than six months, say CEOs
By Victoria Waldersee LISBON (Reuters) - Portugal's biggest banks have suspended repayments on loans worth about 19 billion euros ($20.6 billion) for six months to help those hit by the coronavirus cr...
Apr 22, 2020
