Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: JPMorgan Chase to raise mortgage borrowing standards as economic outlook darkens
By Elizabeth Dilts Marshall NEW YORK (Reuters) - JPMorgan Chase & Co , the country's largest lender by assets, is raising borrowing standards this week for most new home loans as the bank moves to mit...
Apr 11, 2020
Exclusive: Macy’s taps Lazard to bolster finances as coronavirus saps sales – sources
By Jessica DiNapoli and Mike Spector NEW YORK (Reuters) - Macy's Inc has hired investment bank Lazard Ltd to explore options for bolstering its finances after the department store operator lost most o...
Apr 11, 2020
U.S. senators hold call with Saudi officials urging them to put oil cut in motion
WASHINGTON (Reuters) - Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials fr...
Apr 11, 2020
Canadian legislators expected to pass wage subsidy as coronavirus spreads
By Rod Nickel WINNIPEG, Manitoba (Reuters) - Canadian government and opposition legislators met in the House of Commons on Saturday and were expected to approve a wage subsidy worth C$73 billion ($52 ...
Apr 11, 2020
Sudan’s health minister says country needs $120 million to fight coronavirus
By Khalid Abdelaziz KHARTOUM (Reuters) - Sudan urgently needs $120 million to fight the new coronavirus, the country's health minister told Reuters on Saturday, amid a shortage of the equipment to fig...
Apr 11, 2020
Warehouse workers risk COVID-19 to ship Gucci shades, face cream, sofas
By Chris Kirkham, Reade Levinson and Nandita Bose (Reuters) - As U.S. authorities ordered shutdowns of non-essential businesses to fight coronavirus, retailer Nordstrom Inc closed hundreds of stores a...
Apr 11, 2020
EU approves 50 billion euro Belgian state aid for coronavirus-hit firms
BRUSSELS (Reuters) - The European Commission, in charge of EU state aid rules, approved on Saturday a 50 billion euro Belgian loan guarantee scheme that aims to support companies during the coronaviru...
Apr 11, 2020
UAE says OPEC+ output cut decision will have a major impact
CAIRO (Reuters) - United Arab Emirates' energy minister Suhail Al Mazrouei said on Saturday that an OPEC+ decision to cut oil supply will have a major impact on rebalancing the oil market amid the cor...
Apr 11, 2020
Air France in talks with French govt over emergency funding: Les Echos
By Maya Nikolaeva and Marine Pennetier PARIS (Reuters) - Air France KLM has requested several billion euros of emergency funds from the French state while it negotiates a loan package from banks, whic...
Apr 11, 2020
Saudi Aramco to release May crude official prices on Sunday: source
DUBAI (Reuters) - Saudi Arabia plans to announce its crude prices for May on Sunday, a source told Reuters, having delayed the official release until after it finalizes a global oil supply cut deal. (...
Apr 11, 2020
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