Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Argentina readies debt proposal, no ‘understanding’ yet with creditors: economy minister
BUENOS AIRES (Reuters) - Argentine Economy Minister Martin Guzman laid out the framework of the country's proposal to international bondholders on Thursday to restructure close to $70 billion in forei...
Apr 16, 2020
Russia, Saudi Arabia ready to take actions on oil markets if necessary
MOSCOW (Reuters) - Russian Energy Minister Alexander Novak and his Saudi Arabian counterpart, Prince Abdulaziz bin Salman, held a phone talk on Thursday and said in a joint statement they were ready t...
Apr 16, 2020
Eurogroup’s Centeno ponders bloc-wide taxation in coronavirus crisis
By Sergio Goncalves and Catarina Demony LISBON (Reuters) - More imagination is needed to tackle the economic repercussions of the new coronavirus epidemic, Eurogroup chief Mario Centeno said on Thursd...
Apr 16, 2020
Your Money: Why you might be afraid to spend your stimulus check
By Beth Pinsker NEW YORK (Reuters) - If you got your stimulus payment this week from the IRS and it is still in your account, are you afraid to spend it? Many recipients immediately deployed the money...
Apr 16, 2020
Fed’s Harker: U.S. economy should not rush to re-open, risk a new wave of infections
(Reuters) - Philadelphia Federal Reserve Bank President Patrick Harker said on Thursday that U.S. authorities should not rush to re-open the economy in order to avoid a potential second wave of corona...
Apr 16, 2020
U.S. business formation tanks as coronavirus shuts economy
By Lucia Mutikani WASHINGTON (Reuters) - Applications to start new U.S. businesses tumbled last week, the latest indication that stringent measures to control the spread of the novel coronavirus had b...
Apr 16, 2020
G20 chair Saudi Arabia pledges $500 million to combat coronavirus: statement
DUBAI (Reuters) - Saudi Arabia, the current G20 chair, said on Thursday it has pledged $500 million to support global efforts to combat the coronavirus pandemic and urged other countries and organisat...
Apr 16, 2020
Czech Senate grants central bank new powers, approves business relief against coronavirus
PRAGUE (Reuters) - The Czech Senate on Thursday granted the central bank powers to buy a wider scope of assets in markets and adopted other measures giving businesses and people some relief from restr...
Apr 16, 2020
U.S. stock funds see third inflow in a row, high yield corp bond funds see record-Lipper
(Reuters) - U.S. stock mutual funds took in $8.8 billion in the latest week, marking the third inflow in three weeks, according to Lipper. U.S. taxable bond funds broke six weeks of outflows, taking i...
Apr 16, 2020
As economic pain deepens, protesters pushing back on U.S. stay-at-home orders
By Michael Martina and Joseph Ax DETROIT (Reuters) - As sweeping stay-at-home orders in 42 U.S. states to combat the coronavirus have shuttered businesses, disrupted lives and decimated the economy, p...
Apr 16, 2020
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