Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Canadian inflation rate tumbles to near five-year low on diving gas prices
By Kelsey Johnson OTTAWA (Reuters) - Canada's annual inflation rate tumbled to a near five-year low of 0.9% in March as the coronavirus crisis and an oil supply war slashed gasoline prices, Statistics...
Apr 22, 2020
Mexico reveals $26 billion coronavirus stimulus, after mounting pressure
By Anthony Esposito MEXICO CITY (Reuters) - Mexico's President Andres Manuel Lopez Obrador said on Wednesday his government will increase the budget for social programs and critical projects by $25.6 ...
Apr 22, 2020
Bankrupt firm PG&E’s CEO to retire
(Reuters) - Bankrupt power producer PG&E Corp said on Wednesday Chief Executive Officer William Johnson would retire after more than a year with the company and be replaced by William Smith on an inte...
Apr 22, 2020
U.S. Treasury chief looks for most if not all of U.S. economy to be open later in summer
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Wednesday most, if not all, of the U.S. economy should be reopened by later in the summer after a devastating shutdown to try to s...
Apr 22, 2020
Coronabonds no, more EU funds yes, says would-be Merkel successor
BERLIN (Reuters) - Debt jointly issued by euro zone members is not the right way to counter the economic impact of the coronavirus, a leading candidate to succeed German Chancellor Angela Merkel said....
Apr 22, 2020
Air travel resumption will require social distancing, says EU
By Marine Strauss BRUSSELS (Reuters) - The European Commission will next month present a set of rules for the safe reopening of air travel when coronavirus pandemic lockdowns end, including social dis...
Apr 22, 2020
Zoom to launch upgraded meeting app with better encryption
(Reuters) - Zoom Video Communications Inc said on Wednesday it was upgrading the encryption features on its video conferencing app to better protect meeting data and offer resistance to tampering. The...
Apr 22, 2020
Italy to use state lender CDP to protect strategic companies: sources
By Angelo Amante and Giuseppe Fonte ROME (Reuters) - Italy is considering giving state lender Cassa Depositi e Prestiti (CDP) financial backing to fund strategic companies weakened by the novel corona...
Apr 22, 2020
Netflix to raise $1 billion in debt to fund new shows
(Reuters) - Netflix Inc said on Wednesday it plans to raise about $1 billion in debt, a day after the streaming pioneer doubled its own projections for new customers as stuck-at-home users binged on o...
Apr 22, 2020
Nissan to resume production at Spanish plant, pilot safety steps in UK
LONDON (Reuters) - Nissan will restart production at its Barcelona factory from May 4 and it will begin piloting safety measures at its British plant with the return of around 50 staff this week, the ...
Apr 22, 2020
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