Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Mexican private sector, IDB agree $12 billion loan scheme
MEXICO CITY (Reuters) - The Inter-American Development Bank (IDB) and a major Mexican business lobby on Sunday announced a program to provide up to $12 billion in loans a year to small and medium-size...
Apr 26, 2020
U.S. to cap individual firms’ lending through emergency loan program: memo
WASHINGTON (Reuters) - The U.S. Small Business Administration (SBA) plans to cap how much institutions can lend under the Paycheck Protection Program designed to keep workers on payrolls amid the nove...
Apr 26, 2020
Indian government brushes off Indian tax officers’ proposal for coronavirus tax on super rich
By Abhirup Roy MUMBAI (Reuters) - A group of Indian Revenue Service officers have recommended taxing the super rich, and foreign companies, to help pay for the coronavirus economic fallout, but the go...
Apr 26, 2020
Oklahoma asks Trump to declare coronavirus an ‘act of God’ to help oil producers
(Reuters) - Oklahoma's governor has called on U.S. President Donald Trump to declare the coronavirus pandemic an "act of God," a step to help oil-producing states contend with a crude glut that caused...
Apr 26, 2020
European carmakers restart production as coronavirus lockdowns ease
FRANKFURT (Reuters) - Volkswagen will restart production at its Wolfsburg factory in Germany on Monday, the latest of a fleet of European carmakers to take advantage of eased coronavirus lockdown rule...
Apr 26, 2020
German government divided over form of Lufthansa rescue deal
BERLIN (Reuters) - Germany's ruling coalition is divided over whether the state should have a role in running airline Lufthansa in return for a rescue package the company aims to finalise next week, p...
Apr 26, 2020
White House sees jobless rate hitting 16% or higher in April
WASHINGTON (Reuters) - The U.S. unemployment rate is likely to hit 16% or higher in April, and "really big thoughtful policies" will be needed to rebuild confidence, a White House adviser said on Sund...
Apr 26, 2020
Equity valuations rebounding, with bleak earnings a wild card
By Caroline Valetkevitch NEW YORK (Reuters) - The sharp rebound in equities has pushed widely used measures of valuing U.S. shares to their highest level in years. Strategists say price-to-earnings ra...
Apr 26, 2020
Lebanon’s top Christian cleric backs central bank governor as currency tumbles
BEIRUT (Reuters) - Lebanon's politically influential Maronite Christian patriarch backed the long-serving central bank governor on Sunday, after the prime minister cast bank chief Riad Salameh as resp...
Apr 26, 2020
U.S. response to virus splinters into acrimony and uncertainty
By Howard Schneider WASHINGTON (Reuters) - Six weeks after U.S. President Donald Trump declared a national emergency over the spreading new coronavirus, the United States is deeply divided over the co...
Apr 26, 2020
