Author Archives: Syndicated Content
GM reduces loan refinancing target, may pay up for new debt
By Michelle Sierra NEW YORK (LPC) - General Motors Co (GM) will seek to extend maturities on US$6bn in revolving loans rather than refinance a US$16.5bn credit facility following discussions with its ...
Apr 03, 2020
World Bank sees 'major global recession' due to pandemic
WASHINGTON (Reuters) - World Bank Group President David Malpass on Friday said the rapidly spreading COVID-19 pandemic was expected to cause a "major global recession" that would likely hit the poores...
Apr 03, 2020
Brazil's Bolsonaro turns to prayer in coronavirus crisis
By Lisandra Paraguassu BRASILIA (Reuters) - Brazilian President Jair Bolsonaro, agreeing to a request from evangelical Christians, said on Friday that he was calling for a national day of fasting and ...
Apr 03, 2020
Time to take a break from tennis, says top U.S. group
(Reuters) - Playing tennis might not be a good idea in these critical times, says the U.S. group typically busy encouraging more to take up the sport. "Based on the recommendations of the USTA COVID-1...
Apr 03, 2020
Miracle cures? UK investigators go after fake coronavirus medicines
LONDON (Reuters) - British authorities said on Saturday they were clamping down on bogus cures for the coronavirus, which currently has no specific licensed treatment. The Medicines and Healthcare pro...
Apr 03, 2020
U.S. SEC official urges delay in public comment on agency rule changes
By Katanga Johnson WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission's lone Democratic commissioner on Friday called for a delay in pending rule changes due to the coronavirus outbrea...
Apr 03, 2020
Southwest expects talks on U.S. payroll grant terms over next several days
CHICAGO (Reuters) - Southwest Airlines Co said on Friday it has applied for U.S. payroll grants but cannot disclose details as the next several days could involve conversations on the terms of any agr...
Apr 03, 2020
CONCACAF postpones Nations League Finals due to COVID-19
(Reuters) - The CONCACAF Nations League Finals, which were scheduled for June 4-7, have been suspended because of concerns over the COVID-19 pandemic, the Confederation of North, Central American and ...
Apr 03, 2020
Preakness Stakes postponed due to coronavirus crisis
(Reuters) - The Preakness Stakes, the second jewel in North American horse racing's Triple Crown, will not be run on May 16 as scheduled due to the ongoing COVID-19 pandemic, although a new date has y...
Apr 03, 2020
Mexican monetary policy tools blunted by risk shocks: central bank
By Dave Graham MEXICO CITY (Reuters) - Mexico's room for maneuver on monetary policy is restricted by recent economic shocks that have inflated local risk premia and cast a pall over the growth outloo...
Apr 03, 2020
