Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Australia consumer sentiment falls to five-year low: survey
SYDNEY (Reuters) - A measure of Australian consumer sentiment slid to its lowest in more than five years this month as the mounting impact of the coronavirus shook confidence in the economic outlook, ...
Mar 10, 2020
Busiest U.S. port for China trade says coronavirus hits volume
(Reuters) - Cargo volumes at the Ports of Los Angeles and Long Beach, the No. 1 gateway for ocean trade with China, dropped sharply in February due to the coronavirus outbreak and lingering effects fr...
Mar 10, 2020
Brazil’s Petrobras to inject $3.4 billion into pension fund over 25 years
SAO PAULO (Reuters) - Brazilian state-controlled oil company Petroleo Brasileiro SA expects to inject $3.4 billion into its employees' pension fund, Petros, over the next 25 years, the company said on...
Mar 10, 2020
From Exxon to Royal Caribbean Cruises, U.S. companies rush to hoard cash
By Joshua Franklin NEW YORK (Reuters) - Corporate America is gearing up for leaner times. From Exxon Mobil Corp to Royal Caribbean Cruises Ltd , companies rushed to borrow more money and boost their c...
Mar 10, 2020
Australia to unveil $1.56 billion health package to combat coronavirus: newspaper report
SYDNEY (Reuters) - Australia is expected to unveil a A$2.4 billion ($1.56 billion) health package on Wednesday to combat the spread of the coronavirus in the country, The Australian newspaper said in ...
Mar 10, 2020
UK to spend extra 2.5 billion pounds on road repairs
LONDON (Reuters) - Britain will spend an extra 2.5 billion pounds ($3.2 billion)repairing 50 million potholes in roads over the next five years, the government said ahead of new finance minister Rishi...
Mar 10, 2020
U.S. senator calls for action on forced labor in China’s Xinjiang
WASHINGTON (Reuters) - A senior U.S. senator on Tuesday accused U.S. firms of willfully ignoring "horrific" forced labor conditions in China's Xinjiang region and called on the Commerce Department to ...
Mar 10, 2020
Thermo Fisher hires senior Goldman banker as strategy chief after Qiagen deal
By Rebecca Spalding (Reuters) - Thermos Fisher Scientific Inc has hired former Goldman Sachs & Co investment banker Paul Parker as its strategy and corporate development head, according to a press rel...
Mar 10, 2020
Drought, coronavirus to slow Morocco’s economic growth to near 2%: planning agency chief
By Ahmed Eljechtimi RABAT (Reuters) - Morocco's economic growth is expected to be revised downwards to near 2% in 2020 from an initial forecast of 3.5% due to drought slashing agricultural output and ...
Mar 10, 2020
Sanctions-hit Venezuela offers big discounts as oil prices collapse: traders
By Marianna Parraga and Luc Cohen (Reuters) - Venezuela's oil company PDVSA is this week offering discounts of up to $23 per barrel on its flagship crude, traders said, as a collapse in global oil pri...
Mar 10, 2020
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