Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Global economy starting 2021 stronger, virus-vaccine race clouds outlook: IMF economist
WASHINGTON (Reuters) - The global economy is starting 2021 in a better position than had been expected in 2020, but surging COVID-19 cases and new strains of the virus are clouding the outlook and mak...
Jan 05, 2021
Goldman expects staff to return to offices by year-end – Bloomberg TV
(Reuters) - Goldman Sachs Group Inc expects to have all its staff back at their offices by the end of the year as major drugmakers roll out COVID-19 vaccines, Chief Executive Officer David Solomon sai...
Jan 05, 2021
Trafigura received $7 billion Russian loan for Vostok Oil deal – Bloomberg News
(Reuters) - Global commodities trader Trafigura's purchase of a 10% stake in Rosneft's Vostok Oil project in the Arctic was funded by a $7 billion loan from a Russian bank, Bloomberg News reported on ...
Jan 05, 2021
Several U.S. states sue regulator over ‘true lender’ rule
NEW YORK (Reuters) - Seven U.S. states and Washington, D.C. on Tuesday sued the U.S. Office of the Comptroller of the Currency, seeking to void a rule they said could encourage predatory lending by de...
Jan 05, 2021
World Bank working with countries to resolve vaccine indemnification hurdles
WASHINGTON (Reuters) - The World Bank is working closely with over 100 countries to pave the way for them to receive low-interest loans and funding to purchase and distribute COVID-19 vaccines, World ...
Jan 05, 2021
As Brexit bites, salads and sandwiches run out at Paris M&S stores
PARIS (Reuters) - British retailer Marks & Spencer said new trade rules in place since Britain left the European Union were delaying deliveries of some fresh food to its stores in France, where at lea...
Jan 05, 2021
Saudi offers extra oil output cut as part of OPEC+ deal -sources
By Vladimir Soldatkin, Shadia Nasralla and Alex Lawler MOSCOW/LONDON (Reuters) -Saudi Arabia has offered to make voluntary cuts in its oil output in February in a bid to persuade fellow OPEC+ producer...
Jan 05, 2021
World Bank sees more countries in ‘deep debt distress’ this year
WASHINGTON (Reuters) - The chief of the World Bank on Tuesday said Chad and several other countries were already in deep debt distress and more were expected to join their ranks this year, given the s...
Jan 05, 2021
World Bank sees global output up 4% in 2021, flags downside risks
By Andrea Shalal WASHINGTON (Reuters) - The global economy is expected to expand 4% in 2021 after shrinking 4.3% in 2020, the World Bank said on Tuesday, although it warned that rising COVID-19 infect...
Jan 05, 2021
General Motors U.S. auto sales rise 4.8% in fourth quarter
(Reuters) - General Motors on Tuesday reported a 4.8% rise in U.S. auto sales for the fourth quarter, boosted by demand for new vehicles during the COVID-19 pandemic. The U.S. automaker said its sales...
Jan 05, 2021
