Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed’s lending programs aren’t for insolvent oil drillers, Dallas Fed’s Kaplan says
SAN FRANCISCO (Reuters) - Insolvent or overly leveraged firms, including oil drillers and oil services firms, won't be able to tap the Federal Reserve's emergency lending program for "Main Street," Da...
May 06, 2020
UK minister says construction can restart where safe
LONDON (Reuters) - British construction firms should restart work if it is safe to do so in order to help maintain and improve the country's infrastructure, housing minister Robert Jenrick said on Wed...
May 06, 2020
UK retailer Debenhams to shut five stores, may cut 1,400 jobs
By Samantha Machado (Reuters) - British department store group Debenhams will shut down five of its stores in Hammerson shopping centres leading to potentially 1,400 job cuts, its spokesman told Reute...
May 06, 2020
Fed has swap lines with countries of ‘mutual trust’, policymaker says
WASHINGTON/ISTANBUL (Reuters) - The Federal Reserve has swap lines with countries that have a relationship of "mutual trust" with the United States and the highest credit standards, a Fed policymaker ...
May 06, 2020
U.S. has fully complied with WTO subsidy findings against Boeing: USTR
WASHINGTON (Reuters) - Washington state's repeal of tax breaks for Boeing Co means that the United States has fully complied with World Trade Organization's findings of illegal subsidies for the aircr...
May 06, 2020
Aramco close to inking $10 billion deal with group of about 10 banks: sources
By Davide Barbuscia DUBAI (Reuters) - Saudi Aramco is about to finalise a $10 billion loan with a group of roughly 10 banks, three sources familiar with the matter said, as the oil giant seeks cash am...
May 06, 2020
Ukraine faces deepening recession due to coronavirus lockdown: Reuters poll
By Natalia Zinets KIEV (Reuters) - Lockdown measures to battle the coronavirus pandemic will cause Ukraine's economy to shrink by 1% in the first quarter of this year and contract 10.9% in the second ...
May 06, 2020
Exclusive: India’s Zomato targets push into alcohol deliveries – document
By Aditya Kalra NEW DELHI (Reuters) - Indian food delivery company Zomato aims to branch out into delivering alcohol, according to a document seen by Reuters, as it seeks to cash in on high demand for...
May 06, 2020
How will recovery shape up? Post-lockdown economic scenarios: Kemp
By John Kemp LONDON (Reuters) - Predicting the shape of recovery after a downturn in the business cycle is a favourite parlour game for economists and the coronavirus-induced plunge in business activi...
May 06, 2020
ECB aims to fulfil mandate as interpreted by top EU court: Villeroy
PARIS (Reuters) - The European Central Bank aims to fully deliver on its mandate as interpreted by the European Union's highest court, ECB policymaker Francois Villeroy de Galhau said on Wednesday. Ge...
May 06, 2020
