Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Peruvian authorities close food market due to coronavirus cases
By Marco Aquino LIMA (Reuters) - Peruvian police and soldiers on Thursday closed a busy food market in the capital Lima after mass rapid testing confirmed more than 160 of its traders had tested posit...
Apr 30, 2020
JP Morgan cuts Mexico 2020 GDP forecast to -8.4% from -7.5%
MEXICO CITY (Reuters) - Investment bank JP Morgan has cut its forecast for the Mexican economy in 2020 to a contraction of 8.4% from a contraction of 7.5%, it said in a document. (Reporting by Noe Tor...
Apr 30, 2020
ADM sees increased cardboard demand, weak ethanol use during pandemic
By P.J. Huffstutter and Nishara Karuvalli Pathikkal CHICAGO/BANGALORE (Reuters) - The coronavirus pandemic is fueling demand for cardboard boxes - a boon for global food company Archer Daniels Midland...
Apr 30, 2020
U.S. State Department approves possible attack helicopter sale to Philippines
By Mike Stone WASHINGTON (Reuters) - The U.S. State Department has approved a possible sale to the Philippines of one of two attack helicopter variants, the Defense Security Cooperation Agency said on...
Apr 30, 2020
Kia to offer ‘job loss insurance’ to new car buyers in Europe
FRANKFURT (Reuters) - Korean carmaker Kia plans to offer insurance in Europe which protects clients from having to make monthly payments on a new vehicle if they lose their job, a scheme designed to e...
Apr 30, 2020
Tech, business and consumer groups urge aid to COVID 19-hit U.S. Postal Service
WASHINGTON (Reuters) - More than 1,200 groups ranging from the Package Coalition, whose members include Amazon.com , to small town newspapers sent a letter to congressional leaders on Thursday urging ...
Apr 30, 2020
Bank of America has 256,000 loan applications ready for SBA
(Reuters) - Bank of America Corp said on Thursday it has 256,000 loan applications ready to be processed by the Small Business Administration, a U.S. government agency that provides support to entrepr...
Apr 30, 2020
Exclusive: Wells Fargo shifts energy bankers to focus on bankruptcies
By Imani Moise and David French (Reuters) - Wells Fargo & Co has revived its special group for bad energy loans in recent weeks as the bank braces for more pain from the sharp downturn in oil prices, ...
Apr 30, 2020
Special Report: FDA’s lax rules on coronavirus blood tests open U.S. market to dubious vendors
By Caroline Humer, Joseph Tanfani and Roxanne Liu (Reuters) - As the coronavirus pandemic engulfed the United States, Joe Shia, a consultant to Chinese medical companies, said he was bombarded with in...
Apr 30, 2020
Emirates, Etihad warn air travel recovery could take three years: business council
DUBAI (Reuters) - Middle East state carriers Emirates and Etihad Airways believe it could take three years for air travel demand to return to levels seen just before the COVID-19 pandemic broke out, a...
Apr 30, 2020
