Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Lebanon seeks foreign government-backed financing for power plants after default
By Tom Perry BEIRUT (Reuters) - Lebanon has turned to global power plant manufacturers including General Electric to arrange financing to build badly needed electricity capacity, hoping favourable ter...
May 20, 2020
BlackRock willing to lower ask on Argentine restructuring counter to 50-55 cents: source
LONDON (Reuters) - BlackRock Inc is willing to drop the ask in a debt restructuring proposal to the Argentine government to between 50-55 cents on the dollar and had made the suggestion to its credito...
May 20, 2020
Apollo Global invests $1.75 billion in U.S. supermarket operator Albertsons
By Joshua Franklin (Reuters) - Buyout firm Apollo Global Management said on Wednesday it has invested $1.75 billion in Albertsons Companies Inc, a sign of confidence in the debt-laden U.S. supermarket...
May 20, 2020
Zalando proposes Rent The Runway CEO to join board
BERLIN (Reuters) - German online fashion retailer Zalando proposed on Wednesday that Jennifer Hyman, the chief executive of U.S. clothing rental firm Rent the Runway, joins its supervisory board, repl...
May 20, 2020
Canada recommends masks, says emergency loans have no cap but many limits
By Steve Scherer OTTAWA (Reuters) - There will be no cap on the size of Canada's emergency loans to large companies harmed by the coronavirus pandemic but there will be multiple restrictions, the gove...
May 20, 2020
Dow shuts Midland operations after flood waters sweep in
(Reuters) - Dow Inc said on Wednesday it has shut down all operating units at its headquarters in Midland, Michigan, after flood waters breached its sites following the collapse of two dams. "At appro...
May 20, 2020
U.S. workplace safety agency steps up COVID-19 inspections
By Tom Hals (Reuters) - The U.S. Labor Department will expand inspections of businesses to reduce job-site hazards related to the new coronavirus as employees begin returning to work across the countr...
May 20, 2020
JPMorgan to use common desks to make offices easier to clean after pandemic
By Elizabeth Dilts Marshall NEW YORK (Reuters) - When JPMorgan Chase & Co staff return to offices in regions slowly re-opening from the coronavirus lockdown, some may be required to sit at common desk...
May 20, 2020
World Bank names financial crisis expert Reinhart as chief economist
WASHINGTON (Reuters) - The World Bank on Wednesday named former Bear Stearns executive Carmen Reinhart as its new vice president and chief economist, tapping an expert on financial crises who also ser...
May 20, 2020
France wants Renault to maintain its French plants
PARIS (Reuters) - The French government will insist on preserving Renault production plants in France and wants it to remain the carmaker's global centre for engineering, research, innovation and deve...
May 20, 2020
