Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China plans to make it easier for foreign life insurers to buy domestic firms: sources
By Sumeet Chatterjee HONG KONG (Reuters) - China plans to make it easier for foreign life insurers to make controlling acquisitions and large equity investments in domestic peers, five people with kno...
Apr 09, 2020
Nissan seeks $4.6 billion credit line after coronavirus hit: Nikkei
TOKYO (Reuters) - Nissan Motor has requested a 500 billion yen ($4.6 billion) commitment line from major lenders after sales were battered by the coronavirus outbreak, the Nikkei business daily report...
Apr 09, 2020
Advertisers shun coronavirus coverage, hastening news media battle for survival
By Sheila Dang, Kate Holton and Helen Coster (Reuters) - From Rupert Murdoch's News UK to McClatchy's chain of local newspapers across the United States, news publishers are attracting record numbers ...
Apr 09, 2020
California developer says virus an act of God, sues Exxon over stalled deal
(Reuters) - A California retail developer claims the state's coronavirus lockdown was an act of God that prevented it from completing a $4.2 million property acquisition, asking a court to prevent own...
Apr 09, 2020
Hong Kong tourism chief pins hopes on recovery starting by July
By Donny Kwok HONG KONG (Reuters) - The impact of the novel coronavirus on Hong Kong's tourism sector is unprecedented and the city can hope to start seeing things returning to normal by July, in part...
Apr 09, 2020
Fed’s Powell to update on economy and coronavirus crisis response
By Howard Schneider WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell - one of the key architects of the unprecedented effort underway to shield the U.S. economy from the coronavirus outbreak...
Apr 09, 2020
U.S. weekly jobless claims seen hovering near record highs
By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans seeking unemployment benefits in the last three weeks likely totaled a staggering 15 million as tough measures to control the novel cor...
Apr 09, 2020
Coronavirus derails southern Europe’s clean-up from the last crisis
By Valentina Za, George Georgiopoulos and Pamela Barbaglia MILAN/ATHENS/LONDON (Reuters) - This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of th...
Apr 09, 2020
UBS and Credit Suisse to partially postpone dividend payout
ZURICH (Reuters) - Switzerland's two big banks, UBS and Credit Suisse , said they decided to pay out part of their dividend for 2019 later this year after financial markets watchdog FINMA had criticis...
Apr 08, 2020
World Bank says sub-Saharan Africa will enter recession in 2020
NAIROBI (Reuters) - The World Bank forecasts the sub-Saharan Africa region's economic growth for 2020 will contract because of the impact of the coronavirus outbreak, going into a recession for the fi...
Apr 08, 2020
