Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Brazil July retail sales jump 5.2%, far more than expected
BRASILIA (Reuters) - Brazilian retail sales rose 5.2% in July, official figures showed on Thursday, more than economists had expected and taking the volume of sales up to the highest levels in years a...
Sep 10, 2020
Exclusive: Mexico’s Pemex could look to Mexican borrowers for financing needs
By Stefanie Eschenbacher and Abraham Gonzalez MEXICO CITY (Reuters) - Mexican state oil company Petroleos Mexicanos should consider borrowing on the local market to meet its vast financing requirement...
Sep 10, 2020
Cuba plans first official peso devaluation since 1959 revolution, sources say
By Marc Frank HAVANA (Reuters) - Communist-run Cuba will soon devalue the peso's one-to-one exchange rate with the U.S. dollar for the first time since the 1959 revolution, according to three sources ...
Sep 10, 2020
Citi, JPMorgan and State Street back fintech startup Capitolis
By Anna Irrera LONDON (Reuters) - JPMorgan Chase & Co , Citigroup Inc and State Street Corp have invested $11 million in Capitolis, a New York-based technology startup that seeks to help banks use cap...
Sep 10, 2020
LVMH to counter sue Tiffany in fight over troubled takeover
PARIS (Reuters) - Luxury goods group LVMH said on Thursday it would sue Tiffany , to fight off the U.S. jeweller's accusations that it was deliberately trying to bow out of an acquisition deal and to ...
Sep 10, 2020
Pompeo tells Southeast Asia to stand up to China, shun its firms
By Phuong Nguyen HANOI (Reuters) - The United States' top diplomat on Thursday urged Southeast Asian countries to stand up to maritime bullying by China and to reassess business deals with its state f...
Sep 10, 2020
JetBlue to put some parked jets back in use to support new routes
(Reuters) - JetBlue Airways Corp said on Thursday it will put some temporarily parked jets back in use for two dozen new routes it plans to start. (Reporting by Rachit Vats in Bengaluru; Editing by Sh...
Sep 10, 2020
Pandemic likely to force India to borrow more, deficit monetisation is last resort: sources
By Aftab Ahmed, Swati Bhat and Manoj Kumar NEW DELHI/MUMBAI (Reuters) - Revenue shortfalls in India, the major economy hardest hit by the coronavirus pandemic, are likely to force the government to bo...
Sep 10, 2020
New York office glut signals market downturn as COVID bites
By Herbert Lash NEW YORK (Reuters) - New York is facing a glut of workspace as fear of COVID-19 has reduced the daily usage of office buildings to almost nothing, a devastating sign for a city already...
Sep 10, 2020
How California’s wildfires could spark a financial crisis
By Ann Saphir (Reuters) - Wildfires across the U.S. West are among the sparks from climate change that could ignite a U.S. financial crisis by damaging home values, state tourism and local government ...
Sep 10, 2020
