Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Column: What COVID-19 is teaching us about how to reform Medicare
By Mark Miller CHICAGO (Reuters) - The COVID-19 pandemic has put a bright spotlight on weaknesses in many of the systems designed to protect Americans from risks. But with older people more susceptibl...
May 28, 2020
World Bank chief calls for longer-term debt relief for poorest countries
WASHINGTON (Reuters) - World Bank Group President David Malpass on Thursday called for longer-term debt relief for the world's 77 poorest countries, and said many would need a permanent and significan...
May 28, 2020
EU executive seeks higher EU budget guarantees in case of ‘hard’ Brexit
BRUSSELS (Reuters) - The European Commission wants higher guarantees for the next long-term EU budget to back Commission borrowing for economic recovery and as a safeguard against a "hard Brexit", EU ...
May 28, 2020
Morgan Stanley not given advisory role on Aramco pipeline sale: sources
By Clara Denina and Davide Barbuscia LONDON/DUBAI (Reuters) - Morgan Stanley has not been given an advisory role on the potential sale of a stake in Saudi Aramco's pipeline business, a deal worth over...
May 28, 2020
General Electric CEO warns of negative cash flow in 2020
(Reuters) - General Electric Co on Thursday warned 2020 free cash flow would be negative as it struggles with weakness in its aviation and power units due to the coronavirus outbreak. The company also...
May 28, 2020
The new workplace? Central and eastern Europe may be closer than most
By Alan Charlish WARSAW (Reuters) - When Mario Pereira's Polish colleague, sitting not far from him in a Warsaw office, sent him an email rather than walking over to speak, the Portuguese was shocked....
May 28, 2020
Champagne sales sink in a world with little to celebrate
PARIS (Reuters) - Global champagne sales are forecast to slump by a third, or 100 million bottles, this year as the coronavirus crisis shuts bars and restaurants worldwide and hammers economies. The c...
May 28, 2020
UK cautions EU against financial ‘self harm’ over Brexit
LONDON (Reuters) - European companies would be the losers if the European Union tried to impose barriers on London financiers, as such firms would be unable to access some of the deepest markets in th...
May 28, 2020
U.S. Treasury, SBA set aside $10 billion small business funds for community institutions
WASHINGTON (Reuters) - The U.S. Treasury and Small Business Administration said on Thursday that they were setting aside $10 billion of funding from the Paycheck Program (PPP) to be lent exclusively b...
May 28, 2020
China’s Geely Automobile launches share placement of up to $859 million
HONG KONG/BEIJING (Reuters) - China's Geely Automobile Holdings Ltd has launched an $836 million-$859 million placement of 600 million new shares, according to a term sheet seen by Reuters. The shares...
May 28, 2020
