Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China regulator issues rules on online bank lending to curb risk
BEIJING (Reuters) - China's banking and insurance regulator on Saturday issued draft rules on commercial banks' online lending business, in a move to rein in financial risks. Bank loans issued online ...
May 09, 2020
EU Commission calls for state guarantees for vouchers for cancelled travel
BRUSSELS (Reuters) - The European Commission will tell countries in the European Union to provide state guarantees for travel vouchers during the coronavirus pandemic, if they prefer people to accept ...
May 09, 2020
NCAA president: Sports won’t return until campuses reopen
College sports will not resume until all students are back on campus, NCAA president Mark Emmert said Friday. Speaking on the NCAA's Twitter feed regarding the start of college athletics amid the coro...
May 09, 2020
Kenya’s power blackout due to glitch in transmission grid: Kenya Power
NAIROBI (Reuters) - Kenya was hit by nationwide power blackout on Saturday that was caused by system disturbance in the transmission grid, distributor Kenya Power said in a statement. The utility said...
May 09, 2020
Bankruptcy court approves Neiman Marcus’ plea to access financing
(Reuters) - U.S. luxury department store chain Neiman Marcus Group said on Friday it received court approval to access $675 million of its debtor-in-possession financing, which will allow continuity o...
May 09, 2020
Germany’s Altmaier wants Europe to be less dependent on other countries
BERLIN (Reuters) - The coronavirus pandemic has shown Europe is too reliant on other countries for some medical supplies, and European states should work together to further diversify international su...
May 08, 2020
Germany needs another extra budget to cushion coronavirus impact: Merkel ally
BERLIN (Reuters) - Germany will have to work on another supplementary budget to help the state's social security system cushion the effects of the coronavirus pandemic, Chancellor Angela Merkel's chie...
May 08, 2020
China extends anti-dumping duties on U.S., EU steel tubes and pipes for five years
BEIJING (Reuters) - China said on Saturday it would extend anti-dumping duties on certain alloy steel seamless tubes and pipes from the United States and European Union for five years starting May 10....
May 08, 2020
U.S. economic reopening should be gradual: Fed’s Daly tells CNN
(Reuters) - The United States should reopen its economy gradually, but it can't let the return to full employment take a decade or more the way it did during the recovery from the last crisis, the San...
May 08, 2020
Pfizer to outsource some drug production, focus on coronavirus vaccine
By Carl O'Donnell and Michael Erman (Reuters) - Pfizer Inc said on Friday it is in talks to shift more of its medicine production to outside contractors as it prepares for large-scale production of an...
May 08, 2020
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