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

BERLIN (Reuters) - Deutsche Telekom on Monday postponed its March 26 annual general shareholders meeting due to the coronavirus, saying it planned to hold the gathering during the first eight months o...

WASHINGTON (Reuters) - The White House is drafting a financial assistance package is expected to include direct assistance, loans and tax relief in the wake of the steep falloff in U.S. travel demand,...

By Michelle Price and John McCrank WASHINGTON/NEW YORK (Reuters) - U.S. markets should stay open despite intense volatility, the head of the U.S. securities regulator said on Monday, quashing industry...

PARIS (Reuters) - French carmaker Renault said on Monday it was shutting down production at its industrial sites in France until further notice because of the coronavirus outbreak. Renault said the sh...

By Ankit Ajmera (Reuters) - Boeing Co's shares plunged another 20% on Monday, erasing all gains recorded during ousted CEO Dennis Muilenburg's tenure, as the mounting economic fallout of the coronavir...

(Reuters) - Retailers have been closing stores around the globe to reduce the risk of transmission of the coronavirus, which has killed over 6,500 and infected more than 174,000 while disrupting suppl...

(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 ...