Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Portuguese banks may need to halt loan repayments for longer than six months, say CEOs
By Victoria Waldersee LISBON (Reuters) - Portugal's biggest banks have suspended repayments on loans worth about 19 billion euros ($20.6 billion) for six months to help those hit by the coronavirus cr...
Apr 22, 2020
Atlantia says traffic last week on its Italian road network was down 80%
MILAN (Reuters) - Italian infrastructure group Atlantia said on Wednesday that last week traffic on the motorway network it runs in Italy fell 79.7% year-on-year. Motorway traffic was down 81.8% on it...
Apr 22, 2020
Fox’s Rupert, Lachlan Murdoch to forgo salary due to hit from coronavirus
(Reuters) - Fox Corp Chairman Rupert Murdoch and Chief Executive Officer Lachlan Murdoch will forgo their salaries in response to the coronavirus crisis, according to an internal memo sent to employee...
Apr 22, 2020
Portugal wants joint European debt issuance worth up to 1.6 trillion euros
LISBON (Reuters) - Portugal's Prime Minister Antonio Costa urged European leaders on Wednesday for a joint debt issuance worth up to 1.6 trillion euros ($1.73 trillion) to support the recovery of the ...
Apr 22, 2020
Global garment industry calls for support for manufacturers
MADRID (Reuters) - A group of employers' organisations, unions and major brands in the garment industry are working with the International Labour Organisation (ILO) to support manufacturers affected b...
Apr 22, 2020
Brazil’s Sao Paulo state plans to gradually reopen economy as of May 11
SAO PAULO (Reuters) - Brazil's Sao Paulo state plans to gradually reopen its economy in a "safe" way as of May 11 by relaxing some social distancing measures, Governor Joao Doria said in a news confer...
Apr 22, 2020
Your Money: Stimulus check confusion? Common questions, answered
By Beth Pinsker NEW YORK (Reuters) - In a little over a year, when Americans file their 2020 tax returns, much of what is going on with coronavirus-linked stimulus payments will finally add up. Until ...
Apr 22, 2020
EBRD lends 145 million euros to help small Moroccan businesses
RABAT (Reuters) - The European Bank for Reconstruction and Development (EBRD) said on Wednesday it would lend Morocco's Bank of Africa 145 million euros ($156.92 million) to help finance small busines...
Apr 22, 2020
Colombia tax collection will fall 10%, government reviewing GDP contraction estimate
BOGOTA (Reuters) - Colombia's tax collection will fall by 10% this year, equivalent to 15.8 trillion pesos ($3.9 billion), because of the economic impact of the novel coronavirus, said Finance Ministe...
Apr 22, 2020
Expedia shares fly on report of talks to sell stake for $1 billion
(Reuters) - Shares of Expedia Group Inc rose 9% on Wednesday after a report that the online travel services company was in advanced talks to sell a stake to private-equity firms Silver Lake Partners a...
Apr 22, 2020
