Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Greek PM announces tax relief to boost employment, ups defence spending
By George Georgiopoulos and Renee Maltezou ATHENS (Reuters) - Greece's Prime Minister Kyriakos Mitsotakis on Saturday announced a tax relief package to boost jobs amidst a downturn caused by the coron...
Sep 12, 2020
Libya’s Haftar committed to ending oil blockade, U.S. embassy says
CAIRO (Reuters) - Libyan commander Khalifa Haftar has committed to ending a months-long blockade of oil facilities, the U.S. embassy in the country said in a statement on Saturday. The statement said ...
Sep 12, 2020
Iran’s rial hits new low against dollar as economy reels
DUBAI (Reuters) - The Iranian rial fell to a new low against the U.S. dollar on Saturday as the economy reels under the COVID-19 pandemic and U.S. sanctions. The dollar was selling for as much as 263,...
Sep 12, 2020
Chevron evacuating U.S. Gulf of Mexico oil platforms as storm approaches
HOUSTON (Reuters) - Chevron Corp. on Saturday said it had started evacuating two offshore oil platforms and was preparing to halt output as a potential hurricane began to march up the U.S. Gulf of Mex...
Sep 12, 2020
Softbank nears deal to sell Arm Holdings to Nvidia for more than $40 billion – WSJ
(Reuters) - SoftBank Group Corp is nearing a deal to sell British chip designer Arm Holdings to Nvidia Corp for more than $40 billion, the Wall Street Journal reported https://on.wsj.com/2Rlv7HC on Sa...
Sep 12, 2020
Regulator alleges anticompetitive practices in Brazil’s aviation gasoline market
RIO DE JANEIRO (Reuters) - Cade, Brazil's anti-monopoly regulator, has recommended that some of the nation's largest fuel distributors be found guilty of anticompetitive practices in the aviation gaso...
Sep 12, 2020
Colombian court orders $370 million loan to Avianca temporarily witheld
BOGOTA (Reuters) - A Colombian court has ordered government loans worth $370 million made to Avianca Holdings under U.S. Chapter 11 bankruptcy laws be temporarily withheld, until the airline guarantee...
Sep 12, 2020
Delhi city lawmakers summon Facebook India chief over February riots
NEW DELHI (Reuters) - A panel of local lawmakers in New Delhi have summoned Facebook's top executive in India to answer allegations that it did not properly apply hate speech rules and policies, which...
Sep 12, 2020
European economy is recovering better than we had feared: Scholz
BERLIN (Reuters) - The European economy is recovering much better than many had feared at the beginning of the COVID-19 pandemic, German Finance Minister Olaf Scholz said on Saturday, adding that gove...
Sep 12, 2020
ECB does not target the exchange rate, but it is an important variable: de Guindos
BERLIN (Reuters) - The European Central Bank does not target the euro exchange rate in its policy, but it is an important variable and the bank monitors it when assessing the effects on price stabilit...
Sep 12, 2020
