Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Virgin Australia plans to cut more domestic flights as travel restrictions tighten
SYDNEY (Reuters) - Virgin Australia Holdings Ltd said on Monday it expected to make a material reduction in its domestic capacity after the Australian government advised against non-essential domestic...
Mar 22, 2020
Embraer puts Brazil-based workers on furlough to protect them from coronavirus
BRASILIA (Reuters) - Brazilian planemaker Embraer is putting all its Brazil-based employees who cannot work remotely on paid leave until March 31, the company said on Sunday, adding that only "a few e...
Mar 22, 2020
Oil falls more than $1 as coronavirus spreads
By Stephanie Kelly NEW YORK (Reuters) - Oil prices fell more than $1 a barrel at the start of the trading session on Sunday, as more governments ordered lockdowns to curb the spread of the global coro...
Mar 22, 2020
WeWork board’s special committee prepares for fight against SoftBank
(Reuters) - The special committee of WeWork's board is preparing for a fight against Japan's SoftBank Group Corp saying that SoftBank should complete its tender offer promised to the office sharing co...
Mar 22, 2020
NZ central bank starts quantitative easing to tackle coronavirus
By Praveen Menon WELLINGTON (Reuters) - The Reserve Bank of New Zealand (RBNZ) said on Monday it would start buying up to NZ$30 billion ($17 billion) worth of government bonds, following other central...
Mar 22, 2020
McDonald’s to temporarily close all UK, Ireland restaurants amid coronavirus outbreak
(Reuters) - McDonald's Corp said on Sunday it would temporarily close all its restaurants in the UK and Ireland by Monday evening because of the coronavirus outbreak. "We have taken the difficult deci...
Mar 22, 2020
Virgin companies to invest $250 million to save jobs after virus outbreak: Branson
(Reuters) - British entrepreneur Richard Branson said on Sunday companies in his Virgin empire will be investing $250 million in coming weeks and months to save jobs from the impact of the coronavirus...
Mar 22, 2020
World Bank moving forward on first $1.7 billion in pandemic aid projects
WASHINGTON (Reuters) - The World Bank's executive board is expected to consider later this week the first fast-track funds to help Afghanistan and Ethiopia respond to the coronavirus pandemic, the Ban...
Mar 22, 2020
Ecuador’s largest gold and copper mines scale back as Coronavirus cases rapidly grow
QUITO (Reuters) - Ecuador said on Sunday that its largest gold and copper mines would reduce the number of workers and scale back operations to a minimum as the country registers a rapid growth of cor...
Mar 22, 2020
Philips to ramp up production of ventilators in coronavirus fight
AMSTERDAM (Reuters) - Dutch health technology company Philips is to ramp up production of critical healthcare products to help diagnose and treat patients with the new coronavirus disease COVID-19. Ph...
Mar 22, 2020
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