Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Toshiba to temporarily close factories, offices in Japan
TOKYO (Reuters) - Toshiba Corp on Wednesday said it will temporarily close factories and offices in Japan from May 6 to May 15, allowing as many as 76,000 to stay at home as the coronavirus spreads, K...
Apr 15, 2020
Citigroup profit nearly halves as loan defaults loom
(Reuters) - Citigroup Inc reported a 46% plunge in quarterly profit on Wednesday as the bank set aside nearly $5 billion to prepare for an expected flood of defaults on loans due to a virtual halt in ...
Apr 15, 2020
Uber targets older Americans with phone-based food ordering during coronavirus crisis
By Tina Bellon (Reuters) - Uber Technologies Inc on Wednesday said customers in New York City and the Miami area could now order restaurant meal deliveries over the phone, instead of through its app, ...
Apr 15, 2020
Coronavirus crimps LSE Group’s first-quarter debt issuance volumes
(Reuters) - London Stock Exchange Group posted a "marginal decline" in year-on-year debt issuance volumes in the first quarter on Wednesday, despite a flurry of public sector and investment grade acti...
Apr 15, 2020
Goldman Sachs profit halves on mounting loan loss provisions
(Reuters) - Goldman Sachs Group Inc reported a 49% fall in quarterly profit on Wednesday, as the bank put aside nearly $1 billion to meet future loan defaults and booked heavy losses on its debt and e...
Apr 15, 2020
Africa may rebound in 2021, but coronavirus impact to endure: IMF
By Joe Bavier JOHANNESBURG (Reuters) - Africa is expected to reverse an economic contraction linked to fallout from the COVID-19 pandemic next year, according to the International Monetary Fund, but t...
Apr 15, 2020
Honda deploys its minivans to transport virus patients
By Naomi Tajitsu TOKYO (Reuters) - Honda Motor Co said it has remodeled 50 of its minivans to transport COVID-19 patients to hospitals and quarantine facilities in Japan, sealing off the rear section ...
Apr 15, 2020
Crisis shows companies need social licence to operate, Federated Hermes says
LONDON (Reuters) - Federated Hermes has written an open letter to company executives and chairpersons setting out how COVID 19 has changed its engagement priorities and how the pandemic should change ...
Apr 15, 2020
Brazil airline Azul hires adviser to restructure debt: report
SAO PAULO (Reuters) - Brazilian airline Azul SA has hired restructuring firm Galeazzi & Associados to renegotiate its financial and suppliers' debt, Brazilian newspaper O Estado de S. Paulo reported o...
Apr 15, 2020
Temperature checks, protective suits: Argentine grains sector braces for 1st coronavirus case
By Hugh Bronstein and Maximilian Heath BUENOS AIRES (Reuters) - Argentina is braced for the first case of coronavirus to be confirmed among the thousands of port workers and grains handlers involved i...
Apr 15, 2020
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