Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Siemens CEO rules out job cuts from coronavirus impact
ZURICH (Reuters) - Siemens will not cut its workforce because of the economic downturn triggered by the new coronavirus, Chief Executive Joe Kaeser said, although short-time working measures could be ...
Apr 11, 2020
Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19
(Reuters) - U.S. aero parts maker Triumph Group Inc said it was furloughing about 2,300 employees across its U.S. and European plants for two to four weeks to cut capacity linked to Boeing commercial ...
Apr 10, 2020
World Bank’s Malpass upbeat on prospects for progress on debt relief
WASHINGTON (Reuters) - World Bank Group President David Malpass on Friday said he was confident of progress on his joint call with the International Monetary Fund for a temporary standstill in officia...
Apr 10, 2020
More UK banks join scheme to help virus-hit small firms
(Reuters) - Britain has approved four new lenders to offer government-backed loans to struggling small businesses damaged by the coronavirus outbreak, under the multi-billion pound Coronavirus Busines...
Apr 10, 2020
U.S. approves $168 billion of small business loans under coronavirus plan: Kudlow
WASHINGTON (Reuters) - The United States has approved 661,000 loans to small businesses totaling $168 billion under a program to address the fallout from the novel coronavirus epidemic, White House ec...
Apr 10, 2020
Honeywell borrows further $1.5 billion
(Reuters) - Honeywell International Inc said on Friday it had entered into a $1.5 billion loan agreement to be used for general corporate purposes. The 364-day Credit Agreement was signed with Citiban...
Apr 10, 2020
U.S. Treasury wants major airlines to repay part of grants, give up warrants: sources
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin told major airlines on Friday he wants them to repay some of the $25 billion in cash grants the U.S. Congress approved last month to cover...
Apr 10, 2020
G20 agree on need for oil price stability, but more work to do -Canadian minister
By Steve Scherer OTTAWA (Reuters) - G20 energy ministers on Friday agreed on the need for oil price stability and a well-functioning market, but did not hammer out the details of how it would be achie...
Apr 10, 2020
Global business, workers, civil society join call for debt relief for poorer nations
WASHINGTON (Reuters) - The International Chamber of Commerce on Friday joined a global trade union and a major civil society group to urge immediate debt relief for the world's poorest countries to he...
Apr 10, 2020
Russia expects oil cuts of 5 million bpd on top of OPEC+
MOSCOW (Reuters) - Russian Energy Minister Alexander Novak said on Friday he expected oil production cuts by countries outside of the OPEC+ group to amount to 5 million barrels per day (bpd). "We beli...
Apr 10, 2020
Now Playing
101 WIXX | Your Hit Music Station
