Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Coronavirus crisis could plunge half a billion people into poverty: Oxfam
By Karin Strohecker LONDON (Reuters) - The fallout from the coronavirus spread that has killed more than 83,000 people and wreaked havoc on economies around the world could push around half a billion ...
Apr 08, 2020
Dubai firms shed jobs in March as coronavirus hits business: PMI
DUBAI (Reuters) - Dubai's non-oil private sector was hit hard last month as key sectors of the Middle East's trade and tourism hub were impacted by measures aimed at stemming the spread of the new cor...
Apr 08, 2020
India’s inflation likely fell to a four-month low in March: Reuters poll
By Manjul Paul BENGALURU (Reuters) - India's retail inflation is expected to have dropped to a four-month low in March on softer food and fuel prices and as already slowing demand likely plummeted due...
Apr 08, 2020
World Bank downgrades outlook for developing countries in Europe, Central Asia
By Andrea Shalal WASHINGTON (Reuters) - The World Bank sharply downgraded its outlook for developing countries and emerging markets in Europe and Central Asia this year due to the coronavirus epidemic...
Apr 08, 2020
Mexico loosens liquidity rules to help banks through coronavirus
MEXICO CITY (Reuters) - Mexican financial authorities agreed on Wednesday to apply looser liquidity rules on banks to help them weather the economic and financial turmoil caused by the coronavirus out...
Apr 08, 2020
Mexico’s Cemex asks employees, executives to take reduced pay amid coronavirus
MEXICO CITY (Reuters) - Mexican cement maker Cemex said on Wednesday that it had asked employees to voluntarily defer 10% of their monthly salaries and members of the executive team to give up 15% of ...
Apr 08, 2020
Exxon used economic uncertainty to push for Paulsboro, N.J., contract: sources
HOUSTON (Reuters) - Exxon Mobil Corp used economic uncertainty tied to the coronavirus pandemic to urge workers at its lubricants and packaging plant in Paulsboro, New Jersey, to vote for a proposed c...
Apr 08, 2020
BOJ’s Kuroda warns corporate funding strains worsening
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda on Thursday warned that uncertainty over the country's economic outlook was "extremely high," with corporate funding strains worsening. "The sp...
Apr 08, 2020
Australian businesses, households can withstand GDP contraction: RBA
SYDNEY (Reuters) - Australian businesses and households are well placed to face the "large contraction" in economic activity from the coronavirus crisis though it will test their financial resilience,...
Apr 08, 2020
Mexican president lashes out at companies over layoffs, taxes as big business seethes
MEXICO CITY (Reuters) - Mexico's president threw himself into a new confrontation with businesses on Wednesday, accusing big companies of not paying taxes and upbraiding others for laying off workers ...
Apr 08, 2020
