Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Brazil government sees $157 billion deficit this year as emergency transfers are extended
By Jamie McGeever BRASILIA (Reuters) - Brazil's government is on course to post a primary budget deficit of 861 billion reais ($157 billion) this year, the Economy Ministry said in its bimonthly reven...
Sep 22, 2020
Shopify says customer data likely exposed as employees accessed records
(Reuters) - Shopify Inc said on Tuesday data of customers who shopped at fewer than 200 merchants listed on the company's e-commerce platform was likely exposed after two employees tried to steal tran...
Sep 22, 2020
Exclusive: Robinhood raises extra $660 million in funding round
By David French NEW YORK (Reuters) - Robinhood Markets Inc, the financial technology startup credited with helping popularize trading among millennials, has raised an additional $660 million from inve...
Sep 22, 2020
Exclusive: LyondellBasell to cut Houston refinery staff by 10% on pandemic losses
By Erwin Seba HOUSTON (Reuters) - LyondellBasell Industries said on Tuesday that it plans to cut salaried staff at its Houston oil refinery because of losses during the COVID-19 pandemic. The company ...
Sep 22, 2020
Brazil’s Marfrig plans 43% reduction in direct emissions by 2035, executive says
By Nayara Figueiredo SAO PAULO (Reuters) - Marfrig Global Foods , the world's largest hamburger producer in the world, said it expects to achieve a 43% reduction in direct emissions from its meatpacki...
Sep 22, 2020
United Airlines to tap U.S. Treasury loans, CEO says
WASHINGTON (Reuters) - United Airlines intends to tap U.S. Treasury loans available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Chief Executive Scott Kirby said at a news con...
Sep 22, 2020
Surge in U.S. pork exports to China led by Brazil’s JBS, China’s WH Group
By Karl Plume (Reuters) - U.S. pork exports to China have surged beyond pre-trade war levels, led by higher shipments from Brazil's JBS SA and China's WH Group Ltd , owner of Smithfield Foods, accordi...
Sep 22, 2020
Lufthansa plans rapid COVID-19 testing starting October -executive
By Allison Lampert (Reuters) - Deutsche Lufthansa AG plans to start making rapid COVID-19 antigen tests available to passengers in October and is weighing the option of opening test centres at airport...
Sep 22, 2020
Nike beats revenue estimates on China demand, online boost
(Reuters) - Nike Inc beat analysts' estimates for quarterly revenue on Tuesday, powered by a rebound in demand for its sneakers and apparel in China, as well as strong online sales. The world's larges...
Sep 22, 2020
3M explores $3.5 billion sale of food safety unit – Bloomberg News
(Reuters) - 3M Co is working with advisers on the sale of its food safety business, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The unit could fetch about $3.5 bill...
Sep 22, 2020
