Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
S&P Global: Risk to Italy rating only if coronavirus hits long-term growth
LONDON (Reuters) - A senior official at S&P Global said on Tuesday that Italy's sovereign credit rating would only be at risk if the coronavirus outbreak hurt the country's long-term growth potential....
Mar 10, 2020
Coronavirus to further dent Europe Inc’s earnings in 2020
LONDON (Reuters) - Expectations for corporate profits in Europe have worsened sharply within a week as the spread of the coronavirus triggered fears the global economy could come to a standstill, Refi...
Mar 10, 2020
Trump presses ‘pathetic’ Fed to cut rates more aggressively
WASHINGTON (Reuters) - President Donald Trump on Tuesday lashed into the U.S. Federal Reserve and its chairman Jerome Powell, calling the institution "pathetic, slow moving" and saying it should bring...
Mar 10, 2020
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