Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Why bond investors are willing to bet on money-losing Pemex after oil price crash
By Stefanie Eschenbacher and Rodrigo Campos MEXICO CITY/NEW YORK (Reuters) - Mexico's state-owned oil company Petroleos Mexicanos has seen investor sentiment improve in recent weeks despite sky-high d...
May 22, 2020
China to draft food security plan amid global coronavirus epidemic
By Hallie Gu and Tom Daly BEIJING (Reuters) - China will draft and carry out in 2020 a response plan for ensuring food security amid the global coronavirus pandemic, the country's state planner said o...
May 21, 2020
Some local Chinese governments face big pressure in safeguarding livelihoods: finance minister
BEIJING (Reuters) - Some local governments face relatively big pressure in safeguarding people's livelihood and wages, China's finance minister Liu Kun said on Friday on the sidelines of the meeting o...
May 21, 2020
Japan’s elderly workers, once key to Abenomics, suffer as pandemic closes businesses
By Daniel Leussink TOKYO (Reuters) - On a recent Saturday in Tokyo's Shinjuku district more than 100 people, many of them elderly men, stood close together in a long queue waiting for food hand-outs. ...
May 21, 2020
Proxy adviser ISS recommends vote ‘against’ executive pay at Alphabet
(Reuters) - Institutional Shareholder Services (ISS) has recommended shareholders of Google-parent Alphabet Inc to vote "against" the company's proposed executive pay at its annual meet in June, accor...
May 21, 2020
China omits GDP goal, pledges higher spending
BEIJING (Reuters) - China refrained from setting a 2020 GDP growth target and pledged to step up spending and financing to support its economy, according to Premier Li Keqiang's work report released o...
May 21, 2020
BOJ launches new loan scheme, extends deadline for virus-combating steps by six months
TOKYO (Reuters) - The Bank of Japan decided on Friday to launch a new lending facility that aims to channel more funds to small and midsize businesses suffering from the economic blow of the coronavir...
May 21, 2020
Oil prices, gasoline demand climb as countries ease coronavirus curbs
TOKYO (Reuters) - Oil prices were on the rise on Friday, heading for a fourth straight week of gains, amid more evidence that fuel demand is recovering as countries ease business and social restrictio...
May 21, 2020
Britain in deepest downturn for centuries, scant chance of negative rates: Reuters poll
By Jonathan Cable LONDON (Reuters) - Britain is enduring its deepest recession in centuries but the havoc wrought by the coronavirus pandemic will not be enough to push the Bank of England to adopt ne...
May 21, 2020
New Zealand considering ‘helicopter money’ stimulus: finance minister
SYDNEY (Reuters) - New Zealand is considering distributing money directly to individuals as a way of policy stimulus to help boost the economy reeling from a COVID-19 pandemic driven contraction, Fina...
May 21, 2020
