Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Dollar nurses losses as hopes of pandemic peak support risk appetite
By Stanley White TOKYO (Reuters) - The dollar nursed losses on Wednesday as investors cautiously returned to riskier currencies after U.S. President Donald Trump edged toward rolling back some restric...
Apr 14, 2020
U.S. self-driving car startup Zoox agrees to settle lawsuit with Tesla
(Reuters) - Zoox Inc said on Tuesday it had settled a lawsuit with Tesla Inc after admitting that some new hires from the electric carmaker were in possession of certain Tesla documents when they join...
Apr 14, 2020
Asian stocks seen retreating from 1-month high as investors reconsider risk
By Koh Gui Qing NEW YORK (Reuters) - Asian shares looked set to pull back from a one-month high on Tuesday, as warnings of a deep recession dampened investor optimism that the slowing spread of the co...
Apr 14, 2020
South Korea’s March crude imports fall 2.1%; first-quarter imports down 4.9%
By Jane Chung SEOUL (Reuters) - South Korea's crude imports in March fell 2.1% from a year earlier, weighed down by weaker demand because of the coronavirus outbreak, customs data showed on Wednesday....
Apr 14, 2020
Airbnb in advanced talks about new $1 billion loan: sources
NEW YORK (Reuters) - Airbnb is in advanced talks for a new $1 billion debt deal just weeks after it closed a $1 billion investment from private equity firms, according to two sources. One source famil...
Apr 14, 2020
Two-thirds of small UK firms have furloughed staff: BCC
LONDON (Reuters) - Two-thirds of small British companies have put at least some staff on temporary government-funded leave due to a drop in business caused by the coronavirus, a survey by the British ...
Apr 14, 2020
Exclusive: J.C. Penney explores bankruptcy as hopes for recovery fade – sources
By Mike Spector NEW YORK (Reuters) - J.C. Penney Co Inc is exploring filing for bankruptcy protection after the coronavirus pandemic forced the U.S. retailer to temporarily shut its 850 department sto...
Apr 14, 2020
Virus-hit Princess Cruises to anchor all voyages till end of June
(Reuters) - Carnival Corp-owned Princess Cruises, whose three ships had become hotbeds for coronavirus infections, said on Tuesday it would cancel all voyages until June-end, after a "no sail order" f...
Apr 14, 2020
General Motors says will make 1.5 million masks a month in Mexico
MEXICO CITY (Reuters) - General Motors Co will begin producing 1.5 million face masks a month at its plant in the Mexican city of Toluca at the end of April, it said on Tuesday, aiming for 9 million m...
Apr 14, 2020
Peru will emerge from ‘economic hibernation’ by May, elections date safe: president
By Marco Aquino LIMA (Reuters) - Peru hopes to gradually emerge from the economic hibernation aimed at halting the spread of the novel coronavirus and return to "more or less" normal levels of product...
Apr 14, 2020
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