Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Pakistani prime minister appeals for debt relief to combat coronavirus fallout
ISLAMABAD (Reuters) - Pakistan has appealed to international stakeholders for urgent debt relief for developing countries so they can deal more effectively with the economic fallout from the coronavir...
Apr 12, 2020
Smithfield shutting U.S. pork plant indefinitely, warns of meat shortages during pandemic
By Tom Polansek CHICAGO (Reuters) - Smithfield Foods, the world's biggest pork processor, said on Sunday it will shut a U.S. plant indefinitely due to a rash of coronavirus cases among employees and w...
Apr 12, 2020
OPEC, Russia meet again to approve biggest ever oil cut
By Katya Golubkova, Rania El Gamal and Ahmad Ghaddar BAKU/DUBAI/LONDON (Reuters) - OPEC, Russia and other oil producing nations were meeting on Sunday in a bid to clinch a deal on the biggest oil cut ...
Apr 12, 2020
OPEC, allies to confer on Sunday to try to end standoff over cuts plan: sources
DUBAI (Reuters) - OPEC and its allies will hold a virtual meeting on Sunday evening in a bid to end a standoff that has prevented the finalisation of a global oil supply cut pact, six OPEC+ sources sa...
Apr 12, 2020
Seen everywhere in last U.S. crisis, moral hazard is nowhere in this one
By Ann Saphir and Lindsay Dunsmuir SAN FRANCISCO/WASHINGTON (Reuters) - As the U.S. Federal Reserve rolls out trillions of dollars to blunt the economic fallout of the coronavirus pandemic, there's a ...
Apr 12, 2020
Irish PM says coronavirus rent freeze unlikely to be extended
DUBLIN (Reuters) - Ireland will not need to extend a temporary residential rent freeze beyond the coronavirus crisis, Acting Prime Minister Leo Varadkar was quoted as saying on Sunday, amid calls from...
Apr 12, 2020
Ireland’s AIB approves 25,000 loan breaks: CEO
DUBLIN (Reuters) - Allied Irish Banks (AIB) has added 25,000 payment breaks to its loan books as it helps homeowners and businesses cope with the impact of the coronavirus, its chief executive was quo...
Apr 12, 2020
UAE reduces service fees to support economy
DUBAI (Reuters) - The United Arab Emirates (UAE) Ministry of Economy said on Sunday it was cutting fees for 94 of its services to reduce the cost of business and support the economy amid the coronavir...
Apr 12, 2020
Turkey not planning to make deal with IMF -presidential spokesman
ISTANBUL (Reuters) - Turkey is not planning to make an agreement with the IMF, a presidential spokesman said on Sunday, as the country eyes funding options to cushion the economic impact of the corona...
Apr 12, 2020
Egypt postpones Banque du Caire stake sale due to coronavirus: chairman
CAIRO (Reuters) - Egypt has postponed its plans to sell a minority stake in state-owned Banque du Caire in an initial public offering (IPO) starting mid-April due to the spread of the coronavirus, a l...
Apr 12, 2020
