Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Futures slide again as stimulus high fades
By Medha Singh (Reuters) - U.S. stock index futures tumbled on Wednesday, pointing to another volatile session for Wall Street on fears that even dramatic stimulus measures would not be able to avert ...
Mar 18, 2020
Toyota says plans to shut more plants in Europe, Asia due to coronavirus
TOKYO (Reuters) - Toyota Motor Corp on Wednesday said it planned to stop output at more vehicles plants in Europe and Asia as the spread of the coronavirus prompts countries to instruct non-essential ...
Mar 18, 2020
BlackRock stands by climate priorities, sees tougher shareholder votes
By Ross Kerber and Simon Jessop BOSTON/LONDON (Reuters) - BlackRock Inc executives who set the asset manager's influential proxy votes on Tuesday outlined tougher priorities tied to climate change and...
Mar 18, 2020
Unions urge Airbus to extend output freeze due to virus fears
PARIS (Reuters) - French unions are urging Airbus to keep its French factories closed beyond March 23, when it plans to resume production after a four-day shutdown, raising questions over the knock-on...
Mar 18, 2020
Barclays says it is ‘very unlikely’ to meet profit goal amid virus outbreak
LONDON (Reuters) - Barclays is 'very very unlikely' to meet its goal of a 10% return on equity this year given the impact on its business of the coronavirus pandemic, its Chief Financial Officer Tusha...
Mar 18, 2020
Coronavirus empties airlines’ cash drawers, knocks $157 billion off share values
By Patturaja Murugaboopathy (Reuters) - Global airlines are fast running out of cash after cutting capacity by 90% or even grounding entire fleets due to the broad travel restrictions to contain the s...
Mar 18, 2020
SoftBank Group’s market cap dips below domestic telco as scepticism grows
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp shares fell as much as 11.6% on Wednesday, with its market capitalization dipping below the value of its domestic telco, as uncertainty grows over i...
Mar 18, 2020
Oil steadies after testing new lows as coronavirus chaos intensifies
By Aaron Sheldrick TOKYO (Reuters) - Oil prices steadied on Wednesday after slipping to new four-year lows, sapped by fears for fuel demand and the global economy amid travel and social lockdowns trig...
Mar 17, 2020
U.S. airlines, saying it will take a ‘long time’ to recover, try to quickly reduce workforce
By Tracy Rucinski and Akanksha Rana CHICAGO (Reuters) - U.S. airlines are seeking to quickly reduce their workforces through early retirement packages or unpaid leave of up to 12 months with medical b...
Mar 17, 2020
U.S. stock futures dip as coronavirus spread overshadows stimulus
By Hideyuki Sano TOKYO (Reuters) - U.S. stock futures stepped back in choppy early Asian trade on Wednesday as concerns about the widening coronavirus epidemic weighed against hopes policy support wou...
Mar 17, 2020
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