Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Austria says EU ‘frugals’ to present alternative to Franco-German fund plan
By Francois Murphy VIENNA (Reuters) - A group of European Union states opposed to big spending by the bloc will present a counter-proposal to Franco-German plans for a 500 billion euro ($547 billion) ...
May 19, 2020
Santander agrees to $550 million U.S. settlement over subprime auto loans
By David Shepardson WASHINGTON (Reuters) - Santander Consumer USA Holdings Inc said on Tuesday it had agreed to make changes to its underwriting practices as part of a $550 million settlement with 33 ...
May 19, 2020
Wealthy countries failing Africa during pandemic, presidents say
JOHANNESBURG (Reuters) - Wealthy countries are failing Africa, with pledges of financial support and debt relief falling well short of the continent's needs as it battles the COVID-19 pandemic, severa...
May 19, 2020
GM says it is ‘almost there’ on million-mile electric vehicle battery
By Paul Lienert (Reuters) - General Motors Co is "almost there" on developing an electric vehicle battery that will last one million miles, a top executive said on Tuesday. The automaker also is worki...
May 19, 2020
France’s Renault reaches deal on 5 billion euro state-backed loan: sources
PARIS (Reuters) - French carmaker Renault has sealed a deal with banks on a 5 billion-euro ($5.47 billion) state-guaranteed loan to help the company to cope with the coronavirus outbreak, two sources ...
May 19, 2020
Ecuador cuts public spending by $4 billion in face of new debt crisis
QUITO (Reuters) - Ecuadorean President Lenin Moreno on Tuesday announced new public spending cuts aimed at saving his government $4 billion as the Andean country faces a new debt crisis worsened by th...
May 19, 2020
Russian first quarter economic growth slows to 1.6% before sliding into contraction
MOSCOW (Reuters) - Economic growth in Russia slowed to 1.6% in the first quarter, preliminary data showed on Tuesday, before sliding into a projected contraction in the second quarter caused by lockdo...
May 19, 2020
Trump says U.S. should consider ending trade deals under which it imports cattle
WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday the United States should consider terminating trade deals in which it imports cattle. "I read yesterday where we take some cattle in ...
May 19, 2020
Refiners pin hopes on gasoline for post-lockdown demand recovery
By Ahmad Ghaddar LONDON (Reuters) - Global oil refiners, battling weak profit margins, are pinning their hopes on a recovery in gasoline demand as coronavirus lockdowns start to ease in many countries...
May 19, 2020
Mexican inflation expected to tick up in early May: Reuters poll
MEXICO CITY (Reuters) - Mexican annual inflation likely accelerated in the first half of May due to a rise in the cost of gasoline and some foodstuffs, but should still be well below the central bank'...
May 19, 2020
