Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Le Pen’s far-right party reaches settlement on Russian bank debt: court
MOSCOW (Reuters) - The National Rally, a French far-right party led by Marine Le Pen, has reached a court settlement with a Russian firm over its outstanding debts on a loan it took out in 2014, court...
Jun 08, 2020
Turkish automotive production plunges 54% in May: association
ISTANBUL (Reuters) - Production in Turkey's automotive sector plunged 54% year-on-year in May, the Automotive Industry Association (OSD) said on Monday. In the January-May period, production dropped 3...
Jun 08, 2020
Futures rise on optimism over economic revival
By Devik Jain and Medha Singh (Reuters) - U.S. stock index futures rose on Monday as a surprisingly upbeat jobs report last week added to optimism that the world's biggest economy has weathered the wo...
Jun 08, 2020
Irish temporary COVID-19 jobless claims fall again
DUBLIN (Reuters) - The number of people claiming emergency coronavirus-related unemployment payments in Ireland fell for the fifth successive week, while the number of workers on a separate government...
Jun 08, 2020
Uganda central bank cuts policy rate to 7%
KAMPALA (Reuters) - Uganda's central bank on Monday again cut its benchmark lending rate by 100 basis points, taking it down to 7%, to support the east African nation's economy as it downgraded projec...
Jun 08, 2020
PG&E expects to raise $5.75 billion from public offerings to fund bankruptcy exit
(Reuters) - Power provider PG&E Corp said on Monday it plans to raise $5.75 billion from public offerings to partially fund its emergence from Chapter 11 bankruptcy. Separately, the company said inves...
Jun 08, 2020
China’s finance ministry asks local governments not to ignore debt risks
BEIJING (Reuters) - China's local governments cannot ignore debt risks and take on more debt illegally because of the fiscal difficulties caused by the coronavirus pandemic, a meeting chaired by finan...
Jun 08, 2020
Ireland cancels June 11 bond auction in favour of syndicated deal
DUBLIN (Reuters) - Ireland's debt agency has cancelled a regular bond auction planned for Thursday and will instead sell new 10-year debt through a syndicate of banks, a method that typically raises a...
Jun 08, 2020
Slovenia central bank sees 2020 GDP down 6.5% due to coronavirus pandemic
By Marja Novak LJUBLJANA (Reuters) - The Bank of Slovenia expects the county's GDP to fall 6.5% in 2020 due to the coronavirus pandemic before rising by 4.9% in 2021, it said on Monday. In December th...
Jun 08, 2020
U.S. Fed’s Main Street lending facility likely to start with a whimper
By Jonnelle Marte and Michelle Price (Reuters) - The Federal Reserve's most ambitious and complicated crisis relief program is set to launch in coming days but it is far from certain that the small an...
Jun 08, 2020
