Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Canada’s WestJet to lay off 1,700 pilots
(Reuters) - Canada's privately held WestJet Airlines is laying off 1,700 pilots amid travel bans to curb the COVID-19 pandemic, according to a company memo seen by Reuters on Thursday. The coronavirus...
Apr 16, 2020
Italy’s fashion leaders urge Rome to lift restrictions on industry
MILAN (Reuters) - Italy's fashion leaders called on the government on Thursday to loosen restrictions imposed in response to the coronavirus crisis to allow them to resume some production, warning tha...
Apr 16, 2020
Hand-holding in the pandemic: Wealth managers grapple with new reality
By Echo Wang, Sumeet Chatterjee and Simon Jessop NEW YORK/HONG KONG/LONDON (Reuters) - During the early days of March, Jill Fopiano was having trouble sleeping, waking up at 3 o'clock in the morning, ...
Apr 16, 2020
French town’s empty main street tells tale of virus impact
By Christian Hartmann STIRING-WENDEL, France (Reuters) - The COVID-19 outbreak forced Shirley Lind to close the hairdressing salon she runs in a French town near the German border. She has instead bee...
Apr 16, 2020
L’Oreal banks on cosmetics bounceback, citing Chinese pick-up
By Sarah White PARIS (Reuters) - Maybelline make-up manufacturer L'Oreal said on Thursday it was counting on a quick recovery in cosmetics demand once global lockdowns to combat the coronavirus pandem...
Apr 16, 2020
Explainer: The Russell index reconstitution is coming up. What is it?
By Chuck Mikolajczak NEW YORK (Reuters) - Market participants are beginning to gear up preparations for the annual reconstitution by FTSE Russell of its indexes at the end of June. The event often res...
Apr 16, 2020
Top House Republican says no ‘fig leaf’ on small business bill
WASHINGTON (Reuters) - The top Republican in the U.S. House of Representatives said on Thursday he saw no reason to give Democrats any concessions to secure funding to help small businesses grappling ...
Apr 16, 2020
G7 leaders committed to doing whatever it takes to ensure economies rebound: Canada
OTTAWA (Reuters) - The leaders of the Group of Seven industrialized nations on Thursday reaffirmed their pledge to take all necessary steps to ensure their economies recover from the coronavirus outbr...
Apr 16, 2020
Sales drop at Vuitton owner LVMH as virus forces store closures
PARIS/MILAN (Reuters) - Louis Vuitton owner LVMH on Thursday posted a 17% drop in comparable sales in the first quarter due to the coronavirus outbreak, as lockdowns imposed in Europe and elsewhere fo...
Apr 16, 2020
Argentine black market peso hits low, risk rises before debt proposal
By Cassandra Garrison and Walter Bianchi BUENOS AIRES (Reuters) - Argentina's black market peso and its official currency both hit new lows on Thursday ahead of the country's long-anticipated offer to...
Apr 16, 2020
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