Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Brazil default ratio highest since last July, rises for fourth month in a row
By Jamie McGeever BRASILIA (Reuters) - Loan defaults in Brazil rose in April for a fourth month in a row, official figures showed on Thursday, something not seen since the 2015-16 recession and a sign...
May 28, 2020
Big investors sniff bargains in tottering Spanish property market
By Clara-Laeila Laudette and Inti Landauro MADRID (Reuters) - The coronavirus crisis has halted a stellar recovery in Spain's property market and left most sellers floundering, but major investors hav...
May 28, 2020
Mexican president disagrees with Bank of Mexico’s recession forecasts
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Thursday he disagrees with the Bank of Mexico's forecasts for a major recession caused by the coronavirus pandemic, and pr...
May 28, 2020
KKR to inject money into vending machine group Selecta: sources
By Oliver Hirt, Abhinav Ramnarayan and Arno Schuetze ZURICH/LONDON/FRANKFURT (Reuters) - U.S. buyout group KKR is preparing to inject funds into Swiss vending machine company Selecta, which is saddled...
May 28, 2020
Southwest Airlines adds routes catering to business travelers
(Reuters) - Southwest Airlines Co said on Thursday it was adding new routes with more frequencies and nonstop flights from Phoenix, Denver, Las Vegas and Nashville. The airline extended its published ...
May 28, 2020
Column: What COVID-19 is teaching us about how to reform Medicare
By Mark Miller CHICAGO (Reuters) - The COVID-19 pandemic has put a bright spotlight on weaknesses in many of the systems designed to protect Americans from risks. But with older people more susceptibl...
May 28, 2020
World Bank chief calls for longer-term debt relief for poorest countries
WASHINGTON (Reuters) - World Bank Group President David Malpass on Thursday called for longer-term debt relief for the world's 77 poorest countries, and said many would need a permanent and significan...
May 28, 2020
EU executive seeks higher EU budget guarantees in case of ‘hard’ Brexit
BRUSSELS (Reuters) - The European Commission wants higher guarantees for the next long-term EU budget to back Commission borrowing for economic recovery and as a safeguard against a "hard Brexit", EU ...
May 28, 2020
Morgan Stanley not given advisory role on Aramco pipeline sale: sources
By Clara Denina and Davide Barbuscia LONDON/DUBAI (Reuters) - Morgan Stanley has not been given an advisory role on the potential sale of a stake in Saudi Aramco's pipeline business, a deal worth over...
May 28, 2020
General Electric CEO warns of negative cash flow in 2020
(Reuters) - General Electric Co on Thursday warned 2020 free cash flow would be negative as it struggles with weakness in its aviation and power units due to the coronavirus outbreak. The company also...
May 28, 2020
