Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
British insurers negotiating government trade credit backstop
By Carolyn Cohn LONDON (Reuters) - British insurers are talking to the government about a backstop for trade credit insurance to support business supply chains hit by the coronavirus pandemic, an indu...
Apr 20, 2020
Industrial Bank of Korea to pay $35 million fine for violating anti-money laundering law: New York state
NEW YORK (Reuters) - Industrial Bank of Korea will pay $35 million in fines to settle charges it violated New York state laws designed to thwart money laundering, a regulator said on Monday. The payme...
Apr 20, 2020
U.S. restaurants on track to lose $240 billion by end of 2020: survey
(Reuters) - U.S. restaurants are on track to lose $50 billion in April, with losses mounting to an estimated $240 billion by the end of 2020, as the coronvirus crisis ravages the industry, according t...
Apr 20, 2020
Investors much less confident about market outlook, Trump re-election chance: survey
By Joice Alves LONDON (Reuters) - The markets are much less confident about Europe and the United States getting back to business ahead of the summer, a Deutsche Bank investor survey showed on Monday,...
Apr 20, 2020
Standard Chartered, Astra International agree to reduced sale price for stake in Indonesian bank
(Reuters) - Standard Chartered said on Monday it had agreed with Indonesian conglomerate PT Astra International to sell their stake in Indonesia's PT Bank Permata to lender Bangkok Bank PCL at a reduc...
Apr 20, 2020
Exclusive: Russia orders companies to cut oil output by 20% from February levels – sources
By Vladimir Soldatkin, Olesya Astakhova and Olga Yagova MOSCOW (Reuters) - The Russian energy ministry has told domestic oil producers to reduce oil output by around 20% from their average February le...
Apr 20, 2020
Denmark blocks firms registered in tax-havens from state aid
By Nikolaj Skydsgaard COPENHAGEN (Reuters) - Denmark has become one of the first countries to ban companies that are registered in tax havens from accessing financial aid during the coronavirus pandem...
Apr 20, 2020
Record wide gap opens in U.S. oil futures contracts
By David Gaffen (Reuters) - An extreme situation has developed in the U.S. crude oil futures markets, as the current front-month May contract, due to expire Tuesday, has dropped by a whopping 36%, ope...
Apr 20, 2020
Czech markets, dog salons back in business as cautious reopening begins
By Jiri Skacel PRAGUE (Reuters) - Farmers markets, craft shops, car dealerships and dog grooming salons opened in the Czech Republic on Monday, another step towards a return to normal life as the gove...
Apr 20, 2020
Business as usual in Iran as malls, bazaars reopen amid coronavirus
By Parisa Hafezi DUBAI (Reuters) - Shopping malls and bazaars reopened in Iran on Monday despite warnings by some health officials that a new wave of coronavirus infections could ripple through the Mi...
Apr 20, 2020
