Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Brazil’s loans to airlines would only be finalized in May: sources
By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) - Government loans for Brazilian airlines battered by the coronavirus crisis would only be ready in May, and not later this month as some had hoped, two ...
Apr 17, 2020
EY whistleblower awarded $11 million after suppression of gold audit
By Huw Jones and Peter Hobson LONDON (Reuters) - A British court awarded $11 million in damages and expenses on Friday to a former partner at global accounting firm Ernst & Young who exposed money lau...
Apr 17, 2020
SEAT aims to restart car factories in Spain on April 27
MADRID (Reuters) - Carmaker SEAT plans to start up its plants in Spain on April 27, almost six weeks after it halted all output due to one of the world's worst national outbreaks of the coronavirus, t...
Apr 17, 2020
World Bank chief says more trade will ease pandemic’s economic impact
WASHINGTON (Reuters) - World Bank President David Malpass said on Friday that countries need to allow more trade in order to recover from the economic downturn prompted by the coronavirus pandemic and...
Apr 17, 2020
NY Fed markets head says central bank will be transparent with new lending facilities
(Reuters) - Investors fled to safety as worries about the coronavirus outbreak increased, leading to heightened volatility and requiring the Federal Reserve to respond rapidly to stem losses from a "s...
Apr 17, 2020
Exclusive: Chinese-backed owners commit to UK HQ for Imagination Tech – source
LONDON (Reuters) - The Chinese-backed owners of Imagination Technologies told the British government on Friday the chip designer would remain headquartered in the United Kingdom, a source with knowled...
Apr 17, 2020
Michigan Governor Whitmer says aims to begin reopening state economy on May 1
DETROIT (Reuters) - Michigan Governor Gretchen Whitmer said on Friday she is hopeful the state can begin to reengage parts of the economy beginning on May 1. Whitmer made the remark in a webcast townh...
Apr 17, 2020
Africa needs more than $200 billion to respond to pandemic, U.N. chief says
WASHINGTON (Reuters) - United Nations Secretary-General Antonio Guterres on Friday urged creditors to grant a debt standstill for all developing countries, not just the poorest, warning that many face...
Apr 17, 2020
U.S. leading indicator points to deep economic slump
WASHINGTON (Reuters) - A gauge of future U.S. economic activity suffered a record decline in March, suggesting the economy could struggle to pull out of a deep slump caused by the novel coronavirus ou...
Apr 17, 2020
Take Five: Euro zone, earnings, economy
(Reuters) - 1/TESTING TIMES It's going to be a big week for the euro zone. Italy's bond yields are drifting higher, concerns are growing about its debt ratios and anti-euro sentiment is rising in bloc...
Apr 17, 2020
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