Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Venezuela’s PDVSA to sell crude cargo to Iran’s national oil company -source
(Reuters) - Venezuela's state-run oil company PDVSA has begun loading an Iran flagged large tanker with Venezuelan heavy crude for export, a source with knowledge of the situation said on Tuesday, as ...
Sep 22, 2020
Fed’s Barkin says recent labor market improvements will slow
(Reuters) - While the U.S. economy may avoid a second widespread shutdown, the labor market and other aspects of the economy may not fully recover until there is a vaccine or other treatment that help...
Sep 22, 2020
British pubs’ loss from COVID-19 curbs is supermarkets’ gain
LONDON (Reuters) - Britain's supermarket sector will be a beneficiary of new curbs on the opening hours of bars and restaurants to tackle a fast-spreading second wave of COVID-19, analysts said on Tue...
Sep 22, 2020
Delta to delay pilot furlough decision until November 1, union says
CHICAGO (Reuters) - Delta Air Lines has agreed to delay a decision on pilot furloughs until Nov. 1, 2020, the union representing its pilots said on Tuesday. "This move will provide time as we continue...
Sep 22, 2020
Exclusive: Wells Fargo CEO ruffles feathers with comments about diverse talent
By Imani Moise, Jessica DiNapoli and Ross Kerber (Reuters) - Wells Fargo & Co Chief Executive Charles Scharf exasperated some Black employees in a Zoom meeting this summer when he reiterated that the ...
Sep 22, 2020
Exclusive: Argentina soy crushing to fall 9.5% this year, export chamber says
By Maximilian Heath BUENOS AIRES (Reuters) - Argentina's soy crushing volume will drop around 9.5% this year, the head of the CIARA-CEC grains exporting chamber told Reuters on Tuesday, important for ...
Sep 22, 2020
Ford to invest $1.46 billion in Canada plants as part of Unifor union deal
(Reuters) - Ford Motor Co will invest C$1.95 billion ($1.46 billion) in its Oakville and Windsor plants in Canada as part of a deal with Canadian autoworkers, Unifor union National President Jerry Dia...
Sep 22, 2020
Nike expected to return to profit as online sales, demand from China pick up
By Richa Naidu and Aishwarya Venugopal CHICAGO (Reuters) - Strong online sales and demand from Chinese shoppers and students heading back to school are expected to have helped Nike swing back to a pro...
Sep 22, 2020
Morgan Stanley ups chance of China WGBI bond index inclusion to 90%
LONDON (Reuters) - Morgan Stanley has hiked the chance of China being added to one of the world's top government bond indexes later this week to 90% after the country made some additional improvements...
Sep 22, 2020
Private sector readying for case-by-case COVID-19 debt relief for poor countries: IIF letter to G20
LONDON (Reuters) - Private sector creditors have made a fresh pledge to support the world's poorest countries address debt problems caused by the global COVID-19 crisis though said a blanket approach ...
Sep 22, 2020
