Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Mexico’s president to lay out ‘unorthodox’ coronavirus plan to shield the poor, economy
By Drazen Jorgic MEXICO CITY (Reuters) - Mexico's President Andres Manuel Lopez Obrador on Sunday will outline measures to alleviate the economic impact of the coronavirus outbreak with a focus on shi...
Apr 05, 2020
Oil prices under pressure from Saudi-Russia dispute, but tariffs provide support
By Ahmad Ghaddar and Julia Payne NEW YORK/LONDON (Reuters) - Global benchmark oil prices are expected to open lower on Monday as a dispute between top crude exporters Russia and Saudi Arabia raises co...
Apr 05, 2020
U.S. banking group warns of ‘massive’ delays, tech issues with small-business rescue program
By Michelle Price WASHINGTON (Reuters) - Hundreds of U.S. lenders are struggling to access the technology system for distributing $349 billion of government rescue loans, while the pot of money is ins...
Apr 05, 2020
U.S. banks to defend dividend payments in stress tests: FT
NEW YORK (Reuters) - U.S. banks are expected to defend their dividend payments when they submit their annual capital plans to the Federal Reserve on Monday for the upcoming stress tests, the Financial...
Apr 05, 2020
Spain and EU Commissioners call for common European debt instruments: newspaper
FRANKFURT (Reuters) - Europe needs debt mutualisation and a common Marshall plan to recover from the coronavirus pandemic, Spanish Prime Minister Pedro Sanchez told German newspaper Frankfurter Allgem...
Apr 05, 2020
Fed’s Bullard says another coronavirus economic relief bill may not be needed
WASHINGTON (Reuters) - A top official at the U.S. Federal Reserve said on Sunday the $2.3 trillion economic relief bill approved by Congress was appropriately sized and that a further relief effort ma...
Apr 05, 2020
Africa could lose 20 million jobs due to pandemic: AU study
By Joe Bavier and Giulia Paravicini JOHANNESBURG/ADDIS ABABA (Reuters) - About 20 million jobs are at risk in Africa as the continent's economies are projected to shrink this year due to the impact of...
Apr 05, 2020
How one Silicon Valley factory keeps running in the age of coronavirus
By Timothy Aeppel (Reuters) - The managers at Green Circuits - a small Silicon Valley electronics factory - thought they would have to close when the San Francisco Bay Area directed non-essential busi...
Apr 05, 2020
China’s Luckin Coffee says business will continue amid financial fraud probe
BEIJING (Reuters) - Luckin Coffee Inc said on Sunday it will maintain normal operations at its stores and apologised to the public, days after it announced an internal investigation had shown its chie...
Apr 05, 2020
Saudi Aramco appoints Mark Weinberger to board of directors
DUBAI (Reuters) - Saudi Aramco has appointed Mark Weinberger to its board of directors as an independent board member, replacing Andrew Gould, the company said in a statement on Sunday. Weinberger was...
Apr 05, 2020
