Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Lebanon import woes deepen as supply chains buckle under coronavirus
By Ellen Francis and Eric Knecht BEIRUT (Reuters) - Lebanon's food importers, already hit by a dollar crunch, have struggled to book new cargoes as the coronavirus pandemic threatens supplies and spar...
Apr 08, 2020
Corona beer maker Constellation to reduce production in Mexico during pandemic
(Reuters) - Constellation Brands Inc , the U.S. distributor of Corona beer, said on Wednesday it would reduce production at its Mexican breweries, just days after it announced they were fully operatio...
Apr 08, 2020
McDonald’s quarterly same-store sales fall more than market expectations
(Reuters) - McDonald's Corp said first-quarter comparable sales declined 3.4%, as the world's largest burger chain had to shutter stores and stick to delivery or take-out due to the coronavirus outbre...
Apr 08, 2020
Constellation Brands cuts back Mexico operations to protect workers
MEXICO CITY (Reuters) - U.S. brewer Constellation Brands has begun reducing operations at its breweries in Mexico to protect its workers in line with government directives to contain the spread of the...
Apr 08, 2020
WTO sees ‘ugly’ trade plunge, likely worse than financial crisis
By Philip Blenkinsop BRUSSELS (Reuters) - The World Trade Organization on Wednesday forecast that goods trade would shrink more steeply this year than in the global financial crisis a decade ago befor...
Apr 08, 2020
HSBC reports potential money laundering breaches in Australia
LONDON (Reuters) - HSBC has reported itself to Australia's financial regulator for possible breaches of anti-money laundering rules, the bank disclosed in a regulatory filing by its Australian subsidi...
Apr 08, 2020
Germany’s short-time work fix offers Europe a crisis model
By Edward Taylor and Jan Schwartz FRANKFURT/HAMBURG (Reuters) - A tried-and-tested German model of sending workers home in exchange for job guarantees during downturns could help the European Union li...
Apr 08, 2020
German foreign ministry restricts use of Zoom over security concerns: report
BERLIN (Reuters) - The German foreign ministry has restricted use of the video conferencing service Zoom , saying in an internal memo to employees that security and data protection weaknesses made it ...
Apr 08, 2020
Tiffany says Australian regulators seek more time to review LVMH deal
(Reuters) - Tiffany & Co said on Wednesday Australian regulators have sought more time to review LVMH's multi-billion dollar purchase of the U.S. jeweler due to the coronavirus outbreak, potentially d...
Apr 08, 2020
Spirit AeroSystems halts production for Boeing jets indefinitely
(Reuters) - Spirit AeroSystems , Boeing's top supplier, said on Wednesday it had stopped production for the planemaker for an indefinite period and would furlough workers supporting Boeing programs in...
Apr 08, 2020
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