Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Volkswagen extends Mexico production halt as coronavirus bites
MEXICO CITY (Reuters) - German automaker Volkswagen said on Wednesday it would extend until April 30 a suspension of activities at two production plants in central Mexico after the government declared...
Apr 01, 2020
Saudi wants cooperation to bolster oil, blames Russia for turmoil: Gulf source
By Rania El Gamal DUBAI (Reuters) - Saudi Arabia supports cooperation between oil producers to stabilize the oil market but Russia's opposition to a proposal last month to deepen oil supply cuts has c...
Apr 01, 2020
Boeing to offer voluntary layoffs to employees amid coronavirus fallout: source
SEATTLE (Reuters) - Boeing Co was set to offer employee buyout and early retirement packages, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the co...
Apr 01, 2020
Taiwan hopes $35 billion stimulus package will be enough against coronavirus
TAIPEI (Reuters) - Taiwan hopes not to have to spend more than $35 billion on protecting its economy from the impact of a coronavirus pandemic, but it's "hard to say for sure" as it spreads globally, ...
Apr 01, 2020
Mexican government forecasts economy will contract as much as 3.9% in 2020
MEXICO CITY (Reuters) - Mexico's government forecast the economy will contract by as much as 3.9% in 2020, but predicted a rebound in 2021 to as much as 3.5% growth, the finance ministry said on Wedne...
Apr 01, 2020
Oil refiners face reckoning as demand plummets
By Erwin Seba and Laura Sanicola HOUSTON/NEW YORK (Reuters) - The global oil refining industry is facing a reckoning from falling fuel demand that is the deepest and fastest ever. Within weeks, the in...
Apr 01, 2020
Mexico president urges firms to pay workers, avoid usury in coronavirus crisis
By Dave Graham MEXICO CITY (Reuters) - Mexico's president on Wednesday turned up the heat on companies during the coronavirus crisis, saying they should keep paying workers or face public scorn, even ...
Apr 01, 2020
A cure for bad publicity? Corporate Australia races to the coronavirus frontline
By Byron Kaye SYDNEY (Reuters) - Grocery stores hiring staff by the tens of thousands. A telecommunications company pausing a major workforce cull. Big banks slashing mortgage rates by several times t...
Apr 01, 2020
Japan government, ruling parties agree on certain tax exemptions for firms hit by pandemic
TOKYO (Reuters) - Japan's government and ruling parties agreed to exempt firms from certain taxes if their sales decline by more than half from the previous year in any three-month period between Febr...
Apr 01, 2020
Australia PM Morrison announces $973 million package for childcare sector
SYDNEY (Reuters) - Australia Prime Minister Scott Morrison on Thursday said the country's childcare sector will get A$1.6 billion ($973 million) over the next three months from taxpayer subsidies in a...
Apr 01, 2020
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