Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Brazil has plenty of room to sell more FX reserves: central bank chief
BRASILIA (Reuters) - Brazil's central bank has plenty of room to sell foreign exchange reserves and may increase its currency market intervention if it deems it necessary, bank president Roberto Campo...
May 20, 2020
Bank of America insurance investment banking chief exits: sources
By David French NEW YORK (Reuters) - Thomas Solomon has decided to step down as head of insurance investment banking in the Americas at Bank of America Corp , people familiar with the matter said on W...
May 20, 2020
Brazil fisheries plea for government aid amid coronavirus pandemic
By Ana Mano SAO PAULO (Reuters) - Brazilian fish processors are asking the government for tax breaks, subsidized credit and emergency loan guarantees, saying they need "oxygen" as the coronavirus cris...
May 20, 2020
Gilead-Galapagos’s drug meets main goals of ulcerative colitis study
(Reuters) - Gilead Sciences Inc and partner Galapagos NV said on Wednesday a higher dose of their experimental drug filgotinib showed greater effectiveness than placebo in a mid-stage study testing it...
May 20, 2020
Brazil Economy Minister Guedes has full support of his team: official
BRASILIA (Reuters) - Brazil's economic team is fully behind Economy Minister Paulo Guedes and his vision for the country, productivity and competition secretary Carlos da Costa said on Wednesday, addi...
May 20, 2020
Expedia posts bigger quarterly loss as pandemic impact takes toll
(Reuters) - Online agent Expedia Inc posted a bigger quarterly loss on Wednesday, as the COVID-19 pandemic decimated travel demand and kept people under government-mandated lockdowns. As a result of t...
May 20, 2020
Germany agrees on rescue package for Lufthansa: media
BERLIN (Reuters) - The German government has agreed on final details of a rescue package for airline carrier Lufthansa , media reported on Wednesday. Lufthansa is seeking to tap Germany's economic sta...
May 20, 2020
Ford shuts two U.S. assembly plants due to COVID-19 infections
DETROIT (Reuters) - Ford Motor Co on Wednesday closed two U.S. assembly plants as the coronavirus pandemic wreaked early havoc with the No. 2 U.S. automaker's plan to restart North American production...
May 20, 2020
U.S. regulators open door to possible tightening of Huawei chip curb
WASHINGTON (Reuters) - U.S. regulators are open to making changes to close what some see as a loophole in a new rule aimed at curbing global chip sales to blacklisted Chinese telecoms equipment maker ...
May 20, 2020
U.S. housing finance regulator unveils new capital framework for Fannie, Freddie
By Pete Schroeder WASHINGTON (Reuters) - The U.S. regulator charged with overseeing housing giants Fannie Mae and Freddie Mac unveiled Thursday a proposed rewrite of rules boosting how much capital th...
May 20, 2020
