Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
German development bank could lose 100 million euros from Wirecard insolvency
FRANKFURT (Reuters) - Germany's state development bank KfW could lose 100 million euros ($112.17 million) after payments company Wirecard filed for insolvency, a spokesman said on Saturday. KfW subsid...
Jun 27, 2020
Amazon, SoftBank held talks over Russian online retailer Ozon, shareholder says
MOSCOW (Reuters) - Global retail giant Amazon and Japanese SoftBank have made approaches to Russian conglomerate Sistema about a possible acquisition of its online retailer Ozon, Sistema's majority ow...
Jun 27, 2020
ECB’s German board member pushes back on court challenge
FRANKFURT (Reuters) - The European Central Bank's super easy monetary policy is necessary and its benefits far outweigh its side effects, ECB board member Isabel Schnabel said on Saturday, pushing bac...
Jun 27, 2020
Indonesia central bank ready to finance more fiscal deficit to fight pandemic impact
JAKARTA (Reuters) - Indonesia's central bank is ready to further finance the government's budget deficit and "share the burden" of fighting the coronavirus outbreak, the bank's chief told an online se...
Jun 27, 2020
World Bank approves $350 million loan for Ukraine
KYIV (Reuters) - The World Bank has approved a $350 million loan for Ukraine in support of reforms that are critical to its economic recovery and to help mitigate the impact of the coronavirus pandemi...
Jun 27, 2020
Carlyle buys 20% stake in Piramal Pharma businesses
(Reuters) - U.S.-based Carlyle Group Inc has agreed to buy a 20% stake in India's Piramal Enterprises Ltd's pharmaceutical businesses for about $490 million, the companies said in a statement on Satur...
Jun 26, 2020
Delta will warn pilots about possible furloughs, offers early retirement
By Maria Ponnezhath (Reuters) - Delta Air Lines said late on Friday it will soon send warning notices to about 2,500 pilots regarding possible furloughs at the airline, as the industry takes a huge bl...
Jun 26, 2020
IMF board approves $5.2 billion, 12-month loan program for Egypt
WASHINGTON (Reuters) - The International Monetary Fund threw a lifeline to Egypt on Friday, saying its executive board approved a new $5.2 billion, 12-month Stand-By Arrangement that aims to help the ...
Jun 26, 2020
World Bank to loan $700 million to help Colombia coronavirus response
BOGOTA (Reuters) - The World Bank has approved a loan of $700 million to Colombia to help the Andean country in its fight against the coronavirus pandemic, it said on Friday. The loan will help Colomb...
Jun 26, 2020
CME Group fines Andersons Inc $2 million for wheat trading violations
By Julie Ingwersen CHICAGO (Reuters) - CME Group , parent of the Chicago Board of Trade (CBOT), has ordered The Andersons Inc , an Ohio-based grain business, to pay a $2 million fine for violating fut...
Jun 26, 2020
