Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EU could open legal case again Germany over ECB bond-purchases ruling: Commission
BRUSSELS (Reuters) - The European Commission could open a legal case against Germany over a ruling by the country's constitutional court that the European Central Bank had overstepped its mandate with...
May 10, 2020
Jordan bourse resumes trading with sentiment hit by worries over economy
By Suleiman Al-Khalidi AMMAN (Reuters) - Jordan's bourse resumed trading on Sunday after a two-month suspension with shares falling across the board, weighed down by investor fears the coronavirus pan...
May 10, 2020
Some Austrian companies abusing COVID-19 short-hours subsidies: finance ministry
ZURICH (Reuters) - Some Austrian companies are abusing state subsidies for staff on short-time working or using illegal workers during the coronavirus pandemic, the finance ministry said on Sunday aft...
May 10, 2020
U.S. unemployment rate will get worse, Treasury’s Mnuchin says
WASHINGTON (Reuters) - The staggering U.S. unemployment rate reported by the government on Friday amid coronavirus lockdowns may get even worse, Treasury Secretary Steven Mnuchin said on Sunday. "The ...
May 10, 2020
White House talking to Congress about more coronavirus economic relief, Kudlow says
WASHINGTON (Reuters) - The White House has begun informal talks with Republicans and Democrats in Congress about next steps on coronavirus relief legislation, a top economic adviser to President Donal...
May 10, 2020
Italy might guarantee up to 15 billion euros of bank bonds: draft decree
ROME (Reuters) - Italy's government is considering providing state guarantees for up to 15 billion euros ($16.26 billion) of bonds issued by the country's banks, a draft decree obtained by Reuters sho...
May 10, 2020
Turkey may lift transaction ban on foreign banks, but investigation will continue: Anadolu
ANKARA (Reuters) - Turkey's banking watchdog may lift a transaction ban it imposed on BNP Paribas, Citibank and UBS if they fulfil their lira liabilities but an investigation into the three banks will...
May 10, 2020
Thyssenkrupp overhaul must happen faster due to COVID-19: CEO
DUESSELDORF (Reuters) - Thyssenkrupp has less time for a wide-ranging restructuring plan than previously thought as the coronavirus pandemic is significantly burdening the already ailing conglomerate,...
May 10, 2020
Rated Gulf banks can absorb up to $36 billion shock before moving into red: S&P
DUBAI (Reuters) - Rated banks in the Gulf can absorb up to a $36 billion shock before depleting their capital bases, S&P Global Ratings said on Sunday, adding that banks in Bahrain, Oman and the Unite...
May 10, 2020
Exclusive: Saudi Aramco seeking to review price of SABIC deal – sources
By Hadeel Al Sayegh and Rania El Gamal DUBAI (Reuters) - Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40% drop in SABI...
May 10, 2020
