Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Amid Saudi-Russian oil price war, other OPEC states sound alarm
By Ahmad Ghaddar LONDON (Reuters) - While OPEC's de facto leader Saudi Arabia trades blows in a war for market share with Russia after their three-year pact to cut oil supplies collapsed last week, ot...
Mar 10, 2020
China urges Tesla to keep products consistent as buyers complain about computers
BEIJING (Reuters) - China's industry ministry said on Tuesday it has urged Tesla Inc to keep its China-made vehicles consistent after some Chinese customers complained the U.S. electric vehicle maker ...
Mar 10, 2020
Global banks, funds add allies in push for clearinghouse capital
By David Henry NEW YORK (Reuters) - A group of nine global banks and investment management companies said on Tuesday that 10 more institutions have joined their push for regulators to require for-prof...
Mar 10, 2020
EU open to compensating virus-hit firms, more help for Italy
BRUSSELS (Reuters) - The European Commission executive is ready to consider compensation measures for companies hit by the coronavirus outbreak, officials said on Tuesday, adding that additional suppo...
Mar 10, 2020
Exclusive: Congo Republic seeks debt deal with Glencore, Trafigura before IMF review
By Bate Felix PARIS (Reuters) - Congo Republic aims to reach a deal with energy traders Glencore and Trafigura to restructure a $1.7 billion debt before a meeting with the International Monetary Fund ...
Mar 10, 2020
OPEC countries lose $500 million a day in oil price crash
By Ahmad Ghaddar LONDON (ReutersWith oil erasing over a third of its value overnight ) - With oil erasing over a third of its value this week after a messy breakup of the OPEC+ alliance, OPEC members ...
Mar 10, 2020
Coronavirus poses new threat to Egypt’s economy
By Patrick Werr CAIRO (Reuters) - The coronavirus outbreak is posing an increasing threat to Egypt's economy, with pressure on tourism, trade and gas exports coming on top of a longstanding failure to...
Mar 10, 2020
U.S. consumer watchdog says financial regulators expected to meet at stability council within next ten days
WASHINGTON (Reuters) - The head of the U.S. Consumer Financial Protection Bureau said on Tuesday that financial regulators are expected to meet at a stability council within next ten days. Kathy Krani...
Mar 10, 2020
Argentine paves way for $68.8 billion debt revamp as talks heat up
By Adam Jourdan and Eliana Raszewski BUENOS AIRES (Reuters) - Argentina will revamp as much as $68.8 billion in foreign law bonds as it restructures its debt, the government said in a decree on Tuesda...
Mar 10, 2020
EU launches industrial policy to boost digital, green goals
BRUSSELS (Reuters) - The European Commission on Tuesday announced an industrial strategy aimed at boosting European companies' global competitiveness while achieving its goal to reduce the bloc's net ...
Mar 10, 2020
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