Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Thai company PTT delays decision on $5.7 billion Ohio petrochemical plant
(Reuters) - Thai chemical company PTT PCL said on Friday its U.S. unit expects to decide in the next six to nine months whether to build a proposed $5.7 billion plant called an ethane cracker in Ohio,...
Jun 05, 2020
IMF announces preliminary deal on $5.2 billion standby loan for Egypt
WASHINGTON (Reuters) - The International Monetary Fund on Friday said it had reached a staff-level agreement with Egypt for a one-year, $5.2 billion standby loan to help the North African country grap...
Jun 05, 2020
Powell spoke almost daily with Mnuchin in April
(Reuters) - U.S. Federal Reserve Chair Jerome Powell spoke on an almost daily basis with Treasury Secretary Steven Mnuchin in April as the two officials scrambled to erect programs to soften the econo...
Jun 05, 2020
Colombia sees national income falling by $6.6 billion this year
By Carlos Vargas and Nelson Bocanegra BOGOTA (Reuters) - Colombia's government estimated national income could fall by 23.7 trillion pesos ($6.58 billion) this year, as the coronavirus lockdown and lo...
Jun 05, 2020
Brazilian mall operator BR Malls will offer case-by-case rent forgiveness
BRASILIA (Reuters) - Brazil's largest mall operator BR Malls Participacoes will offer partial rent forgiveness on a case-by-case basis at the shopping centers it has reopened, by discounting the norma...
Jun 05, 2020
Women struggle to get back to work in Canada as ‘she-cession’ weighs
By Kelsey Johnson and Julie Gordon OTTAWA (Reuters) - Women are having a harder time than men returning to Canada's labour force as persistent childcare issues weigh, and jobs in the male-dominated go...
Jun 05, 2020
UK’s Sunak to delay major stimulus package until autumn: FT
LONDON (Reuters) - British finance minister Rishi Sunak has decided to delay a major stimulus package until the autumn to see how the economy fares in the coronavirus fallout, the Financial Times repo...
Jun 05, 2020
Trump threatens EU, China with tariffs; names Navarro ‘lobster king’
BANGOR, Maine (Reuters) - U.S. President Donald Trump on Friday threatened to impose tariffs on European Union cars if the bloc does not drop its tariff on American lobsters, naming White House trade ...
Jun 05, 2020
Exclusive: Buyout firm Sycamore Partners in talks to buy J.C. Penney – sources
By Mike Spector and Jessica DiNapoli NEW YORK (Reuters) - Private equity firm Sycamore Partners is in preliminary talks to acquire J.C. Penney Co Inc out of bankruptcy should the U.S. department store...
Jun 05, 2020
Wall Street Week Ahead: Bond investors look for Fed to justify steepening yield curve
By David Randall NEW YORK (Reuters) - Expectations that the global economy has dodged the worst-case coronavirus pandemic scenarios have led to a dramatic sell-off in U.S. government bonds from their ...
Jun 05, 2020
