Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Oil majors, governments haggle over sharing pain of deepest cuts yet
By Olga Yagova, Alla Afanasyeva and Dmitry Zhdannikov LONDON/MOSCOW (Reuters) - From Kazakhstan and Azerbaijan to Nigeria and Angola, oil majors are haggling with national governments over how to shar...
Apr 28, 2020
U.S. consumer confidence plunges in April: Conference Board
WASHINGTON (Reuters) - U.S. consumer confidence tumbled in April as measures to curb the spread of the novel coronavirus sharply disrupted economic activity and threw millions of Americans out of work...
Apr 28, 2020
U.S. business group urges coordinated coronavirus reopening response
WASHINGTON (Reuters) - The U.S. Chamber of Commerce on Tuesday called for a coordinated effort to reopen amid the novel coronavirus pandemic, but urged against any federal, state or local public healt...
Apr 28, 2020
U.S. goods trade deficit rises as auto exports tumble
WASHINGTON (Reuters) - The U.S. goods trade deficit widened in March amid a collapse in exports of motor vehicles and parts, but overall imports continued to decline likely as the novel coronavirus ou...
Apr 28, 2020
Mnuchin warns that U.S. Treasury will audit coronavirus business loans
WASHINGTON (Reuters) - The U.S. Treasury Department will audit every loan for more than $2 million given under the Paycheck Protection Program for businesses hurt by the coronavirus fallout, Treasury ...
Apr 28, 2020
Egyptian pound’s initial coronavirus immunity seen waning
By Ulf Laessing, Yousef Saba and Karin Strohecker CAIRO/DUBAI/LONDON (Reuters) - Egypt's pound has been a rare riser among emerging market currencies beaten down by the coronavirus fallout but pressur...
Apr 28, 2020
Top U.S. Senate Democrat warns of massive layoffs without state aid
WASHINGTON (Reuters) - The top Democrat in the U.S. Senate warned on Tuesday that state and local governments will see "massive" layoffs if Congress fails to act soon to provide financial assistance t...
Apr 28, 2020
Wirecard shares down 24% as CEO briefs analysts on KPMG audit
BERLIN (Reuters) - Shares in German payments company Wirecard extended losses to trade 24% lower on Tuesday as CEO Markus Braun briefed analysts on the results of an independent audit by KPMG into its...
Apr 28, 2020
EU governments risk clash with EU exec in bid to save tourism season
By Marine Strauss BRUSSELS (Reuters) - European Union governments risk a clash with the EU executive arm over their support for travel firms issuing vouchers for cancelled holiday deals without giving...
Apr 28, 2020
EU sets out ‘quick fixes’ to boost bank lending during pandemic
By Huw Jones LONDON (Reuters) - Banks should rein in bonuses to boost their capacity to help businesses and households hit by the coronavirus crisis, the European Union's executive said on Tuesday. Th...
Apr 28, 2020
