Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EU’s COVID recovery spending should be guided by green finance plan: experts
By Kate Abnett and Simon Jessop LONDON (Reuters) - Planned European Union rules requiring investments to be in line with climate policy should be used to guide economic recovery measures after the cor...
Apr 26, 2020
Diamond Offshore files for bankruptcy, citing ‘price war,’ coronavirus
By Alwyn Scott NEW YORK (Reuters) - Diamond Offshore Drilling Inc filed for bankruptcy protection in Texas on Sunday, after the company recently skipped making an interest payment and said it had reta...
Apr 26, 2020
Mexican oil platforms to reduce staff due to coronavirus
By Adriana Barrera MEXICO CITY (Reuters) - Mexico will begin removing staff from Gulf of Mexico oil platforms to limit the spread of the coronavirus, leaving only essential personnel on board, state o...
Apr 26, 2020
Airbus survival at stake without immediate action: CEO memo
PARIS (Reuters) - Airbus Chief Executive Guillaume Faury has told the European planemaker's 135,000 staff to brace for potentially deeper job cuts after warning its survival is at stake without immedi...
Apr 26, 2020
EU firms hit by coronavirus can get loans of up to 5% turnover: source
By Foo Yun Chee BRUSSELS (Reuters) - Companies in the European Union hit by the coronavirus will be able to ask for a government loan of up to 5% of their 2019 turnover under a new measure proposed by...
Apr 26, 2020
After betting its future on Boeing, jetmaker Embraer scrambles for elusive plan B
By Marcelo Rochabrun, Tim Hepher and Rodrigo Viga Gaier SAO PAULO/PARIS (Reuters) - Brazilian planemaker Embraer SA has been thrust into an uncertain future with no immediate plan B, while not ruling ...
Apr 26, 2020
U.S. should avoid phased approach in trade talks with Kenya: Chamber of Commerce
By Andrea Shalal WASHINGTON (Reuters) - The United States should work to achieve a single, comprehensive agreement with Kenya that removes barriers to trade and investment, instead of pursuing a phase...
Apr 26, 2020
Mexican private sector, IDB agree $12 billion loan scheme
MEXICO CITY (Reuters) - The Inter-American Development Bank (IDB) and a major Mexican business lobby on Sunday announced a program to provide up to $12 billion in loans a year to small and medium-size...
Apr 26, 2020
U.S. to cap individual firms’ lending through emergency loan program: memo
WASHINGTON (Reuters) - The U.S. Small Business Administration (SBA) plans to cap how much institutions can lend under the Paycheck Protection Program designed to keep workers on payrolls amid the nove...
Apr 26, 2020
Indian government brushes off Indian tax officers’ proposal for coronavirus tax on super rich
By Abhirup Roy MUMBAI (Reuters) - A group of Indian Revenue Service officers have recommended taxing the super rich, and foreign companies, to help pay for the coronavirus economic fallout, but the go...
Apr 26, 2020
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