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

WASHINGTON (Reuters) - The staggering U.S. unemployment rate reported by the government on Friday amid coronavirus lockdowns may get even worse, Treasury Secretary Steven Mnuchin said on Sunday. "The ...

WASHINGTON (Reuters) - The White House has begun informal talks with Republicans and Democrats in Congress about next steps on coronavirus relief legislation, a top economic adviser to President Donal...

ROME (Reuters) - Italy's government is considering providing state guarantees for up to 15 billion euros ($16.26 billion) of bonds issued by the country's banks, a draft decree obtained by Reuters sho...

ANKARA (Reuters) - Turkey's banking watchdog may lift a transaction ban it imposed on BNP Paribas, Citibank and UBS if they fulfil their lira liabilities but an investigation into the three banks will...

DUESSELDORF (Reuters) - Thyssenkrupp has less time for a wide-ranging restructuring plan than previously thought as the coronavirus pandemic is significantly burdening the already ailing conglomerate,...

DUBAI (Reuters) - Rated banks in the Gulf can absorb up to a $36 billion shock before depleting their capital bases, S&P Global Ratings said on Sunday, adding that banks in Bahrain, Oman and the Unite...

By Hadeel Al Sayegh and Rania El Gamal DUBAI (Reuters) - Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40% drop in SABI...

(Reuters) - U.S. President Donald Trump's administration is in talks with semiconductor companies about building chip factories in the United States, the Wall Street Journal reported on Sunday. The Tr...

By Michel Rose PARIS (Reuters) - France and the Netherlands have joined forces to urge the European Union to enforce environmental and labour standards more forcefully with countries the bloc signs tr...

ROME (Reuters) - Italy's government is readying new measures to support companies struggling due to the coronavirus crisis, including tax incentives and hybrid bonds, and aims to access the European R...