Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Turkey must restore credibility to win foreign funds, ex-minister says
By Ece Toksabay and Orhan Coskun ANKARA (Reuters) - Turkey must restore its economic credibility if it hopes to secure needed foreign funding and return to growth, said President Tayyip Erdogan's form...
Jun 12, 2020
Special Report: How China got shipments of Venezuelan oil despite U.S. sanctions
By Luc Cohen and Marianna Parraga CARACAS/MEXICO CITY(Reuters) - Last year, China replaced the United States as the No. 1 importer of oil from Venezuela, yet another front in the heated rivalry betwee...
Jun 12, 2020
Futures climb after Wall Street’s worst day in three months
By Medha Singh (Reuters) - U.S. stock index futures surged about 2% on Friday, pointing to a quick rebound for Wall Street from its biggest one-day dive in about three months on fears of a resurgence ...
Jun 12, 2020
Saudi oil market share set to hit highest since 1980s: J.P. Morgan
By Ron Bousso LONDON (Reuters) - Saudi Arabia's share of the oil market is set to rise this decade to its highest since the 1980s as investment in production elsewhere dries up in the wake of the coro...
Jun 12, 2020
ECB not finished with new policy easing, economists say: Reuters poll
By Richa Rebello BENGALURU (Reuters) - The European Central Bank, which just last week said it was ramping up its already-whirring money-printing presses, will announce yet more stimulus measures in r...
Jun 12, 2020
Austria plans temporary VAT cut for restaurants, culture
VIENNA (Reuters) - Austria plans to cut value-added tax (VAT) for restaurants and the culture sector to 5% until the end of the year to help them cope with the fallout from the coronavirus pandemic, t...
Jun 12, 2020
Euro zone April industrial output plunge worst on record; recovery seen
BRUSSELS (Reuters) - Euro zone industrial output fell the most on record in April as coronavirus lockdowns halted activity across the region, data showed on Friday, marking the low point of the pandem...
Jun 12, 2020
Indonesia’s Bank Central Asia may join loan programme for troubled banks
By Maikel Jefriando JAKARTA (Reuters) - Bank Central Asia (BCA) , Indonesia's largest bank by market value, may join a government programme to lend to troubled banks to improve their liquidity, its pr...
Jun 12, 2020
U.S. manufacturers struggle to keep workers in face of weak demand
By Timothy Aeppel and Rajesh Kumar Singh (Reuters) - Cheryl Wellman was able to bring back most of her furloughed workers last month with the help of a special government loan. Now she's laying them o...
Jun 12, 2020
What rebound? North Dakota in economic crunch as virus batters oil, agriculture
By Laila Kearney and Karl Plume NEW YORK/CHICAGO (Reuters) - When the novel coronavirus first appeared in the United States, North Dakota was in the envious position of having more money in its state ...
Jun 12, 2020
