Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Amazon ordered to limit France trade to essential goods within 24 hours
PARIS (Reuters) - A French court on Tuesday ordered Amazon to limit its business to essential goods within 24 hours to allow for an assessment of epidemic risks, trade union Sud said on Tuesday. The N...
Apr 14, 2020
Hyundai to provide COVID 19 tests, ‘drive through’ testing support in U.S.
(Reuters) - Hyundai Motor Co's North American unit will expand its support for "drive through" testing for the coronavirus and donate 65,000 tests to hospitals in the United States, the South Korean a...
Apr 14, 2020
Delta absorbs order for 10 Airbus A350 jets cancelled by Latam: sources
PARIS (Reuters) - Delta Air Lines has taken over an order worth roughly $3 billion at list prices for 10 Airbus A350 jetliners from Latam Airlines Group ), two industry sources said. Airbus announced ...
Apr 14, 2020
U.S. import prices decline in March
WASHINGTON (Reuters) - U.S. import prices dropped in March, pointing to import deflation that could deepen amid the pandemic. The Labor Department said on Tuesday import prices dropped 2.3% last month...
Apr 14, 2020
Europe, LatAm to lead 2020 emerging economies’ downturn; Asia to limit damage, IMF says
By Rodrigo Campos NEW YORK (Reuters) - Emerging and developing economies are likely to contract about 1% this year as the coronavirus pandemic disrupts economic activity across the world, the Internat...
Apr 14, 2020
G20 eyes debt moratorium worth up to $14 billion for poor countries: official
BERLIN (Reuters) - Financial leaders of the 20 largest economies (G20) are discussing an immediate debt moratorium worth up to $14 billion to help poor countries free up funds in their fight against t...
Apr 14, 2020
IMF projects a recession for sub-Saharan Africa in 2020
JOHANNESBURG (Reuters) - Sub-Saharan Africa's gross domestic product is expected to contract 1.6% this year, compared 3.1% growth last year, as the coronavirus pandemic wrecks the region's economies, ...
Apr 14, 2020
Coronavirus ‘Great Lockdown’ to shrink global economy by 3% in 2020: IMF
By David Lawder WASHINGTON (Reuters) - The global economy is expected to shrink by 3.0% during 2020 in a stunning coronavirus-driven collapse of activity that will mark the steepest downturn since the...
Apr 14, 2020
Global airline hit from coronavirus rises to $314 billion: IATA
PARIS/LONDON (Reuters) - Global airlines will lose $314 billion in revenue due to the coronavirus pandemic in 2020 according to a forecast from the industry's representative body IATA, which raised it...
Apr 14, 2020
Wells Fargo first-quarter profit decimated as coronavirus boosts provisions
(Reuters) - Wells Fargo & Co first-quarter profit plunged as it set aside billions of dollars to cover potential loan-losses from the coronavirus pandemic. Wells, the fourth-largest U.S. lender, said ...
Apr 14, 2020
