Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Chile jobless rate hits 9% amid pandemic
SANTIAGO (Reuters) - Chile's unemployment rate hit 9% between February and April versus the same period a year ago, the government said on Friday, as lockdown measures to combat the coronavirus batter...
May 29, 2020
Uber launches hourly ride booking option in some U.S. cities
By Tina Bellon (Reuters) - Uber Technologies Inc on Friday said it would offer rides by the hour in some U.S. cities, a feature aimed at helping Americans with essential trips during the coronavirus p...
May 29, 2020
U.S. consumer spending tumble in April
WASHINGTON (Reuters) - U.S. consumer spending dropped by a record in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at i...
May 29, 2020
Canada GDP in April fell a record 11%: Statscan flash estimate
OTTAWA (Reuters) - Canada's growth in April plunged by a record 11% from March as large sections of the economy were shut down to fight the coronavirus outbreak, Statistics Canada said in a flash esti...
May 29, 2020
Renault factory worker spared layoffs – for now
By Caroline Pailliez and Stephane Mahe CAUDAN, France (Reuters) - Giovanni Pili, a worker at a Renault factory in France, was on Friday savoring the fact that he was not laid off in a global shakeup a...
May 29, 2020
Lasting contango in oil: market spread to outlast supply-demand imbalance
By Noah Browning LONDON (Reuters) - While vast cuts by producer countries and renewed fuel consumption from easing coronavirus lockdowns may soon rebalance oil supply and demand, some analysts and tra...
May 29, 2020
‘Getting closer’: Argentina, creditors edge towards deal as new offers exchanged
BUENOS AIRES/LONDON (Reuters) - Argentina and its creditors have edged closer to a deal after a second round of proposals were exchanged between key bondholders and the government, bolstering hopes th...
May 29, 2020
No Brexit breakthrough expected at next set of talks, EU adviser says
LONDON (Reuters) - The European Union and Britain are likely to have to engage in accelerated Brexit talks over the summer because no one expects a breakthrough at the next round of talks, an adviser ...
May 29, 2020
Brazil’s economy shrinks 1.5% in first quarter as coronavirus hits
BRASILIA (Reuters) - Brazil's economy contracted by 1.5% in the first quarter of the year, government statistics agency IBGE said on Friday, as the coronavirus outbreak in March triggered the steepest...
May 29, 2020
China’s central bank to step up evaluation of financial risks amid coronavirus
BEIJING (Reuters) - China's central bank said on Friday that it would step up evaluation of financial risks as the coronavirus has brought challenges to the economy and the country's financial develop...
May 29, 2020
