Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Gloom enveloped UK financial sector as virus outbreak escalated: CBI
LONDON (Reuters) - Optimism drained away from Britain's financial sector in March as the coronavirus outbreak escalated, an industry survey showed on Tuesday. The Confederation of British Industry (CB...
Apr 13, 2020
New Zealand jobless rate could hit 26% if virus curbs extended: treasury
WELLINGTON (Reuters) - New Zealand's unemployment rate could reach 26% if tough lockdown measures to fight the spread of the coronavirus are extended, treasury department forecasts released on Tuesday...
Apr 13, 2020
Disney enters $5 billion credit agreement
(Reuters) - Walt Disney Co said on Monday it has entered an unsecured credit agreement for $5 billion, at a time when companies across industries are scrambling to bolster their liquidity to weather t...
Apr 13, 2020
Exxon raises $9.5 billion to load up on cash while debt market still open to new deals
By Joshua Franklin NEW YORK (Reuters) - Exxon Mobil Corp on Monday raised $9.5 billion in new debt, with the largest U.S. oil producer seeking to bolster its finances while debt markets remain open to...
Apr 13, 2020
News Corp sees hit to ad revenue from coronavirus pandemic
(Reuters) - News Corp said on Monday that its newspaper advertising revenue would take a hit from economic disruptions caused by the spread of the coronavirus pandemic. Advertising revenue has plummet...
Apr 13, 2020
Denim retailer True Religion files for bankruptcy protection amid virus crisis
(Reuters) - True Religion Apparel Inc on Monday filed for Chapter 11 bankruptcy protection for a second time in less than three years, becoming another corporate casualty of the coronavirus outbreak t...
Apr 13, 2020
IMF to provide debt relief for 25 countries to help them address pandemic
WASHINGTON (Reuters) - The International Monetary Fund on Monday said it would provide immediate debt service relief to 25 member countries under its Catastrophe Containment and Relief Trust to allow ...
Apr 13, 2020
Number of mortgage loans in forbearance jumps, industry survey shows
WASHINGTON (Reuters) - The number of people with mortgages seeking to have their payments paused or reduced jumped between March 30 and April 5 as the economic effects of the novel coronavirus outbrea...
Apr 13, 2020
Your Money: Get aid or go bust? Small businesses face dilemma
By Beth Pinsker NEW YORK (Reuters) - Sara Pauly is not one of those small business owners scrambling to fill out paperwork for part of the more than $350 billion in government aid available through th...
Apr 13, 2020
Reasons for hope: the drugs, tests and tactics that may conquer coronavirus
By Christine Soares (Reuters) - With much of the world living in lockdown, the spread of the new coronavirus, SARS-CoV-2, that was first detected in China late last year is beginning to slow in some p...
Apr 13, 2020
