Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Mexican president rejects calls to ease Mexico’s external debts
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Friday dismissed calls to ease Mexico's debt obligations with external creditors, saying the country could manage and would con...
Apr 03, 2020
Coronavirus puts clutch of countries in junk rating danger zone
By Marc Jones LONDON (Reuters) - Being stripped of one's investment grade credit rating is a chastening moment for any government, but the crushing economic impact of the coronavirus, and for some the...
Apr 03, 2020
Heineken says it will suspend production, distribution in Mexico due to coronavirus
MEXICO CITY (Reuters) - Dutch brewer Heineken said on Friday that it will suspend production and distribution from its seven plants in Mexico, in response to the government's decision to halt non-esse...
Apr 03, 2020
Euro zone ministers focus on quick options to support economy
By Jan Strupczewski BRUSSELS (Reuters) - Euro zone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials ...
Apr 03, 2020
Alta Mesa creditors accept reduced price for failed shale producer
HOUSTON (Reuters) - Failed Oklahoma shale producer Alta Mesa Resources agreed to be purchased for $220 million, nearly a third below a deal struck earlier this year, according to filings in a U.S. ban...
Apr 03, 2020
Bank of America received 10,000 applications within first hour of small business loan program
(Reuters) - Bank of America Corp Chief Executive Brian Moynihan said the bank has already received roughly 10,000 applications for federally backed small business loans within the first hour of starti...
Apr 03, 2020
Coronavirus-led global recession to be deeper than thought but hopefully short: Reuters poll
By Shrutee Sarkar and Rahul Karunakar BENGALURU (Reuters) - The global recession that economists polled by Reuters say is under way will be deeper than thought a few weeks ago due to the coronavirus p...
Apr 03, 2020
Pelosi wants more for small business and individuals in next U.S. coronavirus legislation
WASHINGTON (Reuters) - U.S. House Speaker Nancy Pelosi said Friday that $350 billion in already-passed coronavirus legislation was not enough for small businesses, and she wants more money in next bil...
Apr 03, 2020
Trump will protect U.S. oil but can’t dictate production: Kudlow
WASHINGTON (Reuters) - President Donald Trump will fight international efforts to collude in energy markets that could impact U.S. energy producers, but the administration cannot dictate decisions on ...
Apr 03, 2020
White House’s Kudlow says banks are ‘ready to go’ in giving small business loans
WASHINGTON (Reuters) - Top White House economic advisor Larry Kudlow said on Friday that there would be big demand for a small-business loan program but that the banks were prepared for it despite con...
Apr 03, 2020
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