Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

(Reuters) - Nike Inc's revenue could fall by a third in the fourth quarter, Cowen estimated, as the sportswear giant reels from store closures, supply disruptions and the suspension of this year's NBA...

By Nidhi Verma NEW DELHI (Reuters) - India plans to take advantage of low prices for oil from Saudi Arabia and the United Arab Emirates to top up its strategic petroleum reserves (SPR), two sources fa...

LONDON (Reuters) - Britain's major supermarkets are working on plans to streamline their operations by cutting cafes, counters and other services to enable a depleted workforce to maintain basic provi...

PARIS (Reuters) - French carmaker PSA said on Monday the company will close its European factories until March 27 due to the coronavirus outbreak spread. "The chairman of the executive board with the ...

ROME (Reuters) - The Italian government plans to take control of Alitalia, a draft decree seen by Reuters showed on Monday, as the loss-making carrier risks going belly up due to the impact of the cor...

LONDON (Reuters) - Virgin Atlantic, the UK-based airline, said it would ground 75% of its fleet by 26 March and by up to 85% at points in April, as it canceled more flights due to coronavirus. Virgin,...

(Reuters) - The London Stock Exchange Group said on Monday it had gained approval from the U.S. Committee on Foreign Investment for its $27 billion takeover of analytics firm Refinitiv, judging there ...

(Reuters) - JPMorgan Chase & Co has asked all managers globally to allow employees who can effectively work from home to begin doing so to help with social distancing as the coronavirus pandemic sprea...

(Reuters) - Lockheed Martin Corp said on Monday Marillyn Hewson will step down as chief executive officer, effective June 15. The No.1 U.S. defense contractor said board member James Taiclet will repl...

BERLIN (Reuters) - A German supermarket chain called on Monday for students whose universities have shut due to the coronavirus crisis to help it refill its shelves after shoppers stockpiled many esse...