Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Coronavirus derails southern Europe’s clean-up from the last crisis
By Valentina Za, George Georgiopoulos and Pamela Barbaglia MILAN/ATHENS/LONDON (Reuters) - This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of th...
Apr 09, 2020
UBS and Credit Suisse to partially postpone dividend payout
ZURICH (Reuters) - Switzerland's two big banks, UBS and Credit Suisse , said they decided to pay out part of their dividend for 2019 later this year after financial markets watchdog FINMA had criticis...
Apr 08, 2020
World Bank says sub-Saharan Africa will enter recession in 2020
NAIROBI (Reuters) - The World Bank forecasts the sub-Saharan Africa region's economic growth for 2020 will contract because of the impact of the coronavirus outbreak, going into a recession for the fi...
Apr 08, 2020
Catholic bishops, faith groups urge Trump to back debt relief for poor countries
By Andrea Shalal WASHINGTON (Reuters) - The U.S. Conference of Catholic Bishops and an alliance of faith groups have urged President Donald Trump to champion a moratorium on debt payments for poor cou...
Apr 08, 2020
Coronavirus crisis could plunge half a billion people into poverty: Oxfam
By Karin Strohecker LONDON (Reuters) - The fallout from the coronavirus spread that has killed more than 83,000 people and wreaked havoc on economies around the world could push around half a billion ...
Apr 08, 2020
Dubai firms shed jobs in March as coronavirus hits business: PMI
DUBAI (Reuters) - Dubai's non-oil private sector was hit hard last month as key sectors of the Middle East's trade and tourism hub were impacted by measures aimed at stemming the spread of the new cor...
Apr 08, 2020
India’s inflation likely fell to a four-month low in March: Reuters poll
By Manjul Paul BENGALURU (Reuters) - India's retail inflation is expected to have dropped to a four-month low in March on softer food and fuel prices and as already slowing demand likely plummeted due...
Apr 08, 2020
World Bank downgrades outlook for developing countries in Europe, Central Asia
By Andrea Shalal WASHINGTON (Reuters) - The World Bank sharply downgraded its outlook for developing countries and emerging markets in Europe and Central Asia this year due to the coronavirus epidemic...
Apr 08, 2020
Mexico loosens liquidity rules to help banks through coronavirus
MEXICO CITY (Reuters) - Mexican financial authorities agreed on Wednesday to apply looser liquidity rules on banks to help them weather the economic and financial turmoil caused by the coronavirus out...
Apr 08, 2020
Mexico’s Cemex asks employees, executives to take reduced pay amid coronavirus
MEXICO CITY (Reuters) - Mexican cement maker Cemex said on Wednesday that it had asked employees to voluntarily defer 10% of their monthly salaries and members of the executive team to give up 15% of ...
Apr 08, 2020
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