Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Amid pandemic, world economy projected to shrink 3.2% in 2020: U.N.
By Michelle Nichols NEW YORK (Reuters) - The world economy is projected to shrink by 3.2 percent in 2020 after the coronavirus pandemic sharply restricted economic activity, increased uncertainty and ...
May 13, 2020
U.S. Treasury, SBA grant leeway to smaller PPP borrowers
WASHINGTON (Reuters) - The U.S. Treasury and Small Business Administration clarified Wednesday that businesses that seek less than $2 million in emergency relief under the Paycheck Protection Program ...
May 13, 2020
Trump extends order on U.S. telecom supply chain security until 2021
WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday extended for another year an executive order signed in May 2019 declaring a national emergency and barring U.S. companies from using tel...
May 13, 2020
ECB’s de Guindos says euro zone economy has already bottomed out
MADRID (Reuters) - The euro zone has already left the worst behind in terms of the economic impact from the current coronavirus pandemic although it will take the bloc two years to fully recover, Euro...
May 13, 2020
Brazil -4.7% GDP this year would be biggest fall since 1900: Economy Ministry
BRASILIA (Reuters) - A 4.7% contraction in Brazil's economy this year would be the biggest annual fall since records began in 1900, a senior Economy Ministry official said on Wednesday, referring to t...
May 13, 2020
Climate activists up stakes at Exxon, backing calls for independent board chairman
By Jennifer Hiller HOUSTON (Reuters) - Shareholder activists prodding Exxon Mobil Corp on climate-change proposals are backing calls for an independent board chairman as the oil major steps up efforts...
May 13, 2020
Canada’s oil producers need climate targets to draw investment, Trudeau says
(Reuters) - Oil producers need to set clear targets to fight climate change to draw global capital, Canadian Prime Minister Justin Trudeau said on Wednesday, as major investors stepped up restrictions...
May 13, 2020
Return of Big Mac – McDonald’s UK emerges from lockdown
LONDON (Reuters) - After over seven weeks of coronavirus lockdown, Britons hankering for a Big Mac may be a step closer to getting their hands on one after McDonald's reopened 15 restaurants on Wednes...
May 13, 2020
Japan´s Softbank sees consolidation in Latam food delivery
SAO PAULO (Reuters) - Japan's SoftBank Group Corp , a shareholder in some of Latin America's largest food delivery companies, expects consolidation in most markets, a senior executive said on Wednesda...
May 13, 2020
U.S. producer prices record largest drop since 2009 as coronavirus suppresses demand
By Lucia Mutikani WASHINGTON (Reuters) - U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, bolstering some economists' predictions...
May 13, 2020
