Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exxon Mobil to cut 700 jobs in Houston -government notice
(Reuters) - Exxon Mobil Corp will lay off more than 700 workers in the Houston area, according to a notice it sent to the Texas Workforce Commission posted on Friday. The largest U.S. oil producer had...
Dec 11, 2020
Investors warm to Mexico, lifting peso, despite battered economy
By Abraham Gonzalez MEXICO CITY (Reuters) - Mexico in 2020 plunged into its steepest recession in decades and suffered a credit ratings downgrade, yet the peso currency and instruments that measure so...
Dec 11, 2020
Leonardo hack targeted commercial, military component unit – police officer
MILAN (Reuters) - Computers hacked at Italian defence group Leonardo between 2015 and 2017 belonged to a unit that makes components for both commercial and military aircraft, including C27J and ATR tu...
Dec 11, 2020
U.S. House Democrat slams Trump trade policies, urges Biden to work with allies
By Andrea Shalal WASHINGTON (Reuters) - The head of the powerful U.S. House of Representatives Ways and Means Committee on Friday slammed what he called President Donald Trump's "unsophisticated respo...
Dec 11, 2020
Norway says it could block EU, British fishing vessels from Jan 1
By Gwladys Fouche OSLO (Reuters) - Norway may stop British and EU vessels fishing in its waters from Jan. 1, its fisheries minister said on Friday, as talks on the management of common North Sea stock...
Dec 11, 2020
Explainer: How Cuba’s monetary reform will take place and impact the economy
By Marc Frank HAVANA (Reuters) - The Cuban government announced on Thursday it would start a long-awaited monetary reform in January, unifying its dual currency and multiple exchange rate system in a ...
Dec 11, 2020
ABB to pay $104 million to settle South Africa power plant probe
By John Revill and Alexander Winning ZURICH/JOHANNESBURG (Reuters) - ABB has agreed to pay 1.56 billion rand ($104 million) to South African state power utility Eskom to settle an investigation into i...
Dec 11, 2020
Big tech firms to face 6% fines if breach new EU content rules
By Foo Yun Chee BRUSSELS (Reuters) - Big tech firms such as Google and Facebook will face fines of up to 6% of turnover if they do not do more to tackle illegal content and reveal more about advertisi...
Dec 11, 2020
Tiny activist investor’s arguments against Exxon draw crowd to its side
By Svea Herbst-Bayliss and Jennifer Hiller BOSTON/HOUSTON (Reuters) - Exxon Mobil Corp, a giant of the energy world and once the world's most valuable company, is being pressured by a small investment...
Dec 11, 2020
Brazil prosecutors sue Maersk, seek to freeze $200 million
RIO DE JANEIRO (Reuters) - Federal prosecutors in Brazil filed a civil lawsuit against Danish shipping company Maersk and former employees of state-run oil firm Petroleo Brasileiro SA, for alleged cor...
Dec 11, 2020
