Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
As China’s factories feel economic blues, band of workers tell their story through rock music
By David Kirton SHENZHEN, China (Reuters) - Wang Zongxing hoped that opening a restaurant would lead to an easier life after 14 years of working long hours in Shenzhen's factories, but serving the spi...
May 28, 2020
Mexico’s president seeks power contract review, likens to Argentine debt talks
MEXICO CITY (Reuters) - Mexico's president on Thursday likened a battle between the national power utility and private operators to Argentina's debt restructuring negotiations with creditors, calling ...
May 28, 2020
Argentina knocks back new debt proposal but says talks progressing
By Nicols Misculin and Adam Jourdan BUENOS AIRES (Reuters) - Argentina knocked back a new debt restructuring proposal from key creditor groups on Thursday as insufficient, but said the offer showed pr...
May 28, 2020
Dollar in narrow range as focus shifts to Trump’s China response
By Stanley White TOKYO (Reuters) - The dollar was hemmed into a narrow trading range on Friday as traders' focus shifted to U.S. President Donald Trump's response to China's passage of a national secu...
May 28, 2020
IMF approves two-year, $11 billion flexible credit line for Peru
WASHINGTON (Reuters) - The International Monetary Fund on Thursday said its executive board had approved Peru's request for a two-year $11 billion flexible credit line to be used as precautionary fina...
May 28, 2020
U.S. judge orders 15 banks to face big investors’ currency rigging lawsuit
By Jonathan Stempel NEW YORK (Reuters) - A U.S. judge on Thursday said institutional investors, including BlackRock Inc and Allianz SE's Pacific Investment Management Co, can pursue much of their laws...
May 28, 2020
Long Odds: China’s bet on REITs draws sceptics
By Samuel Shen, Yawen Chen and Clare Jim SHANGHAI/BEIJING (Reuters) - China's plans to introduce real estate investment trusts (REITs) mark a crucial step to get private money to fund infrastructure s...
May 28, 2020
India’s economy seen slowing rapidly in March quarter, with worse to come
By Manoj Kumar NEW DELHI (Reuters) - Gross domestic product data out later on Friday is expected to show India's economy grew at its slowest pace in at least two years in the March quarter as the coro...
May 28, 2020
Australia’s New South Wales state warns of COVID-19 budget toll
SYDNEY (Reuters) - Australia's biggest state in economic terms said on Friday the coronavirus pandemic could cost it as much A$20 billion ($13.3 billion) in lost revenues over the next four years, und...
May 28, 2020
Japan April factory output falls 9.1% month/month: government
TOKYO (Reuters) - Japan's factory output fell 9.1% in April, government data showed on Friday, compared with a median market forecast for a 5.1% drop. Manufacturers surveyed by the Ministry of Economy...
May 28, 2020
