Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

(Reuters) - The British government is considering a plan for a "bad bank" that would hold stakes in bailed-out businesses that many fear could fail during the COVID-19 crisis, the Sunday Times newspap...

(Reuters) - J.C. Penney Co Inc said on Saturday a U.S. Bankruptcy Court will allow it to keep paying wages and benefits to workers who will remain on the job after the U.S. department store chain file...

HOUSTON (Reuters) - Blackstone Group's Gavilan Resources LLC filed for Chapter 11 bankruptcy late on Friday, citing this year's oil price collapse and a bitter legal battle with a partner. Formed foll...

BERLIN (Reuters) - The European Union should impose a temporary ban on Chinese takeovers of companies that are currently undervalued or have business problems because of the coronavirus crisis, the le...

LONDON (Reuters) - The Bank of England is looking more urgently at options such as negative interest rates and buying riskier assets to prop up the country's economy to fight the coronavirus crisis, t...

WASHINGTON (Reuters) - Around 600 banks, most of them small community institutions, tapped the Federal Reserve's Paycheck Protection Program facility for about $30 billion of loans as of May 6, the U....

MILAN (Reuters) - Fiat Chrysler (FCA) has asked the Italian government for a state-backed three-year loan, to help the automaker pay suppliers and continue its investment plan in the country, UILM uni...

WINNIPEG, Manitoba (Reuters) - Canadian Prime Minister Justin Trudeau said on Saturday that he would look at possible ways to help airlines further, but announced no new measures after the country's b...

DUBAI (Reuters) - An Iranian news agency close to the elite Revolutionary Guards said on Saturday there would be repercussions if the United States acted "just like pirates" against an Iranian fuel sh...

(Reuters) - Saudi Arabia's sovereign wealth fund plans to borrow about $10 billion by pledging some of its investment in SoftBank Group Corp's Vision Fund, Bloomberg News reported on Saturday. The rep...