Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Latin America’s spot oil sales hit by low prices, demand drop: traders
By Marianna Parraga MEXICO CITY (Reuters) - Spot sales of Latin America's heavy crudes mostly dried up this week amid a demand contraction and steep slump in oil prices that left some heavy grades bel...
Mar 20, 2020
Mexico central bank cuts rate out of cycle, unveils financial system liquidity measures
MEXICO CITY (Reuters) - The Mexican central bank on Friday announced a 50 basis points out-of-cycle cut that brought its benchmark interest rate to 6.50%, along with other measures to support financia...
Mar 20, 2020
China removes threat of total ban on U.S. poultry if bird flu is found: industry group
By Tom Polansek CHICAGO (Reuters) - China has promised it will not impose a nationwide ban on imports of U.S. poultry if the United States finds cases of avian flu, an industry group said, a policy ch...
Mar 20, 2020
McDonald’s suspends buybacks, leaves dividend policy unchanged: CEO to CNBC
(Reuters) - McDonald's Corp has suspended share buybacks to help it navigate thorough the coronavirus crisis, but has not changed its dividend policy, Chief Executive Officer Chris Kempczinski told CN...
Mar 20, 2020
In relief for Canada’s agriculture sector, temporary foreign workers to be allowed in
By Kelsey Johnson OTTAWA (Reuters) - Canada will allow temporary foreign workers with valid visas to enter the country, officials said on Friday, offering possible salvation to the agriculture industr...
Mar 20, 2020
‘Significant’ Brazil second-quarter GDP fall likely: Economy Ministry official
BRASILIA (Reuters) - Brazil's economy will likely undergo a "significant" contraction in the second quarter, economic policy secretary Adolfo Sachsida said on Friday, adding that sticking to the gover...
Mar 20, 2020
‘I’m going to keep working’: Grocery clerks unlikely heroes in U.S. coronavirus fight
By Andrew Hay (Reuters) - For Philip, a grocery store clerk, it's not a matter of if he gets coronavirus, but when. He is among millions of supermarket employees who have been classified as critical U...
Mar 20, 2020
Global airline capacity may fall up to 35% in 2020 on coronavirus: Moody’s
(Reuters) - Global airline capacity may fall up to 35% this year, hamper credit quality of many airlines and push the weaker ones to default, credit ratings agency Moody's said on Friday, as a drop in...
Mar 20, 2020
Argentina needs substantial debt relief from private creditors: IMF
WASHINGTON (Reuters) - The International Monetary Fund said on Friday that Argentina needs substantial debt relief from private creditors to restore debt sustainability with a high degree of probabili...
Mar 20, 2020
Fed backstop for U.S. muni market may ease some rate pressures
By Karen Pierog CHICAGO (Reuters) - The battered U.S. municipal bond market could get a limited boost from the Federal Reserve's announcement it was expanding its money market support program to inclu...
Mar 20, 2020
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