Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
Exxon pays more to borrow amid market turmoil
By Joshua Franklin (Reuters) - Exxon Mobil Corp paid a big premium to raise $8.5 billion in new debt on Tuesday, as a rout in energy prices and stock market jitters fueled by the coronavirus outbreak ...
Mar 17, 2020
Fujifilm Holdings shares untraded on glut of orders after China says drug works against coronavirus – Kyodo
TOKYO (Reuters) - Shares in Japanese company Fujifilm Holdings Corp were untraded due to a glut of buy orders after Kyodo news agency reported on Wednesday that China said the company's Avigan drug wo...
Mar 17, 2020
Governments offer airlines aid as coronavirus drives deeper flight cuts
By Jamie Freed SYDNEY (Reuters) - Australia on Wednesday joined a growing list of countries offering financial aid to its ailing aviation sector as global airlines announced deeper capacity cuts due t...
Mar 17, 2020
California county says Tesla factory cannot operate normally in coronavirus shutdown
By Tina Bellon (Reuters) - Tesla Inc cannot operate its main U.S. vehicle factory normally as the San Francisco Bay Area has begun a three-week lockdown to rein in the spread of coronavirus, a spokesm...
Mar 17, 2020
UK’s Sainsbury’s to limit customer purchases, close cafes to get through coronavirus
By James Davey LONDON (Reuters) - British supermarket group Sainsbury's is to restrict customer purchases to combat panic buying, close its in-store cafes and counters and beef-up online services to g...
Mar 17, 2020
More than 4,500 Delta flight attendants request unpaid leave in April: document
(Reuters) - Delta Air Lines has received over 4,500 requests from flight attendants for voluntary unpaid leave in April, according to a March 14 paper seen by Reuters. People familiar with the matter ...
Mar 17, 2020
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