Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Factbox: Markets revise trading rules, hours, circuit breakers as volatility surges
(Reuters) - Global exchanges are changing trading rules to protect their markets from intense volatility and speculative trading as the coronavirus pandemic threatens the world economy. Many markets h...
Apr 05, 2020
Argentina plans payment freeze on up to $10 billion in local-law dollar debt
BUENOS AIRES (Reuters) - Argentina plans to postpone payments on up to $10 billion of dollar debt that was issued under local law until the end of the year, the government said in a decree late on Sun...
Apr 05, 2020
American joins United, others in suspending more NYC flights on coronavirus spike
By Tracy Rucinski (Reuters) - American Airlines Group Inc said late Sunday it would suspend more flights in and out of New York City's three main airports for about a month, joining other airlines tha...
Apr 05, 2020
Oil drops over $1 on oversupply after OPEC+ delays meeting
By Florence Tan and Jessica Resnick-Ault SINGAPORE/NEW YORK (Reuters) - Oil prices slipped more than $1 a barrel on Monday, after the world's top producers delayed a meeting to discuss output cuts tha...
Apr 05, 2020
Singapore central bank brings forward disclosure of forex intervention operations
SINGAPORE (Reuters) - The Monetary Authority of Singapore (MAS) said on Monday it will begin the disclosure of its foreign exchange intervention operations in April to enhance the market's understandi...
Apr 05, 2020
Trump open to big oil tariffs, but doesn’t expect to need them
WASHINGTON (Reuters) - U.S. President Donald Trump said on Sunday he could slap "very substantial tariffs" on oil imports if prices stay low, but does not expect he will need to, since neither Russia ...
Apr 05, 2020
Wells Fargo caps government small business lending at $10 billion
By Imani Moise (Reuters) - Wells Fargo & Co said late Sunday that it will cap its participation in the federal small business rescue program at $10 billion due to regulatory constraints. The San Franc...
Apr 05, 2020
Tesla engineers show ventilator prototype on YouTube
By Kate Duguid NEW YORK (Reuters) - Engineers at Tesla Inc showed a prototype for a ventilator on Sunday evening in a video published on the company's YouTube channel, as hospitals around the country ...
Apr 05, 2020
Asian firms rush to meet $69 billion in second-quarter debt refinancing
By Scott Murdoch HONG KONG (Reuters) - Companies in the Asia Pacific need to raise a near record $69.3 billion to refinance their existing borrowings in the second quarter, Refinitiv figures show, as ...
Apr 05, 2020
Pound down after coronavirus-stricken Johnson taken to hospital for tests
By Stanley White TOKYO (Reuters) - The pound fell against the dollar and euro on Monday after British Prime Minister Boris Johnson was admitted to hospital for tests after showing persistent symptoms ...
Apr 05, 2020
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