Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: Argentina to lay out debt restructuring ‘guideposts’ this week
By Adam Jourdan and Rodrigo Campos BUENOS AIRES/NEW YORK (Reuters) - Argentina's government is set to lay out "guideposts" for its near $70 billion restructuring of foreign debt, though is not yet rea...
Mar 30, 2020
Brazil austerity fervor threatens fight against coronavirus
By Jamie McGeever BRASILIA (Reuters) - The fiscal reforms championed by Brazilian Economy Minister Paulo Guedes may be dead, but the austerity-bound thinking behind them is alive and well, and could t...
Mar 30, 2020
Commercial paper rates fall, signaling Fed’s program working
By Kate Duguid NEW YORK (Reuters) - Rates on U.S. short-term corporate loans fell on Friday, suggesting that the Federal Reserve's intervention to return liquidity to the market has begun working, acc...
Mar 30, 2020
Developing nations need $2.5 trillion coronavirus package: U.N
By Emma Farge GENEVA (Reuters) - Developing countries will need a $2.5 trillion support package this year to face the economic crisis caused by the coronavirus pandemic, a U.N. report said on Monday. ...
Mar 30, 2020
Greece’s Piraeus Bank grows 2019 profit
ATHENS (Reuters) - Piraeus Bank grew full-year 2019 net profit, helped by lower operating costs and higher net interest income, Greece's largest lender by assets said on Monday. Piraeus Bank, which is...
Mar 30, 2020
EU may help banks more with loan losses due to pandemic
LONDON (Reuters) - The European Union wants to give as much operational relief to banks as possible when dealing with losses on loans during the coronavirus epidemic and could consider further steps, ...
Mar 30, 2020
France’s Renault puts Paris white collar staff on partial unemployment
PARIS (Reuters) - French carmaker Renault put most of its white collar staff in the Ile-de-France region around Paris on partial unemployment on Monday as the lockdown imposed due to the coronavirus o...
Mar 30, 2020
Colombia’s ELN guerrillas declare unilateral cease-fire amid coronavirus
BOGOTA (Reuters) - The National Liberation Army (ELN), the largest active guerrilla group in Colombia, will observe a unilateral cease-fire for one month from April 1 in an effort to help stem the spr...
Mar 30, 2020
Exclusive: India may slash borrowing from market in April amid lockdown
MUMBAI/NEW DELHI (Reuters) - India may slash or even cancel its planned borrowings from the market for April, looking at its options amid a nationwide lockdown prompted by the coronavirus outbreak, tw...
Mar 30, 2020
Russian central bank warns of economic slowdown amid coronavirus
MOSCOW (Reuters) - The coronavirus outbreak will result in a temporary but substantial decline in economic activity in Russia in the next few months, Russia's central bank said on Monday. The central ...
Mar 30, 2020
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