Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bank of Japan to create its version of Fed’s ‘Main Street’ lending scheme
By Leika Kihara TOKYO (Reuters) - Japan's central bank will create its own version of the U.S. Federal Reserve's "Main Street" lending programme to channel more money to small businesses, in a bid to ...
May 21, 2020
U.S. meat inventories tightened as virus shut slaughterhouses: USDA
By Tom Polansek CHICAGO (Reuters) - U.S. frozen pork inventories fell in April, when they typically rise, and beef inventories dropped more than normal as the coronavirus pandemic shut slaughterhouses...
May 21, 2020
Marfrig, Minerva’s Brazil cattle processing plants operational despite COVID-19 cases
By Nayara Figueiredo SAO PAULO (Reuters) - Brazilian meat producers Marfrig Global Foods and Minerva SA have registered coronavirus cases among workers in cattle processing plants this week but the un...
May 21, 2020
‘I’ve not yet signed Renault loan’, says French finance minister
PARIS (Reuters) - France's Finance Minister Bruno Le Maire said he has not signed off on a 5 billion euro ($5.47 billion) state-guaranteed loan to help Renault cope with the fallout from the coronavir...
May 21, 2020
Brazil emergency measures to have 4.7% of GDP impact on budget: official
BRASILIA (Reuters) - Brazil's emergency measures to support the economy during the coronavirus pandemic will have a 344.6 billion reais ($62 billion) impact on this year's primary budget balance, wort...
May 21, 2020
Hewlett Packard to cut costs by $1 billion, reduces CEO pay by 25% on pandemic woes
(Reuters) - Hewlett Packard Enterprise on Thursday unveiled a plan to cut costs by at least $1 billion by 2022 and said it would reduce the base salary of its chief executive officer by 25%, in respon...
May 21, 2020
Trump says he may support another coronavirus stimulus bill
YPSILANTI, Mich. (Reuters) - U.S. President Donald Trump said on Thursday he may support another fiscal stimulus bill to help prop up the economy during the coronavirus outbreak, though he did not pro...
May 21, 2020
Nvidia forecasts second-quarter revenue above estimates
(Reuters) - Nvidia Corp on Thursday forecast second-quarter revenue above analysts' estimates, as demand surges for its chips used in data centers that power the shift to working remotely due to the c...
May 21, 2020
JBS resumes chicken slaughtering at Brazil plant after COVID-19 outbreak: statement
SAO PAULO (Reuters) - Brazilian meatpacker JBS SA said on Thursday that operations at its plant in Passo Fundo, in the southern state of Rio Grande do Sul, were allowed to resume after the facility wa...
May 21, 2020
Senators attempt to advance bill lengthening coronavirus business loan terms
WASHINGTON (Reuters) - Negotiators in the U.S. Senate reached agreement on Thursday on legislation increasing the amount of time, to 16 weeks from the current eight-week deadline, for small businesses...
May 21, 2020
