Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Hong Kong unveils $17.7 billion in relief measures to help cushion impact of coronavirus
HONG KONG (Reuters) - Hong Kong announced relief measures totalling HK$137.5 billion ($17.7 billion) on Wednesday as it joins global efforts to offset the impact of coronavirus, which has taken a heav...
Apr 08, 2020
SoftBank-backed Oyo furloughs some U.S. workers as coronavirus hits revenue
BENGALURU (Reuters) - SoftBank-backed Oyo Hotels and Homes is furloughing some employees to cut costs, it said on Wednesday, as lower travel due to the coronavirus pandemic slams the hospitality indus...
Apr 08, 2020
Fiat Chrysler in talks with unions for production restart in Italy
By Giulio Piovaccari MILAN (Reuters) - Fiat Chrysler (FCA) and unions are discussing plans for beefed-up health measures at Italian plants to pave the way for most profitable production to restart as ...
Apr 08, 2020
Coronavirus rout spurs China investors to dividend plays
By Noah Sin HONG KONG (Reuters) - Wild swings in global equities markets are prompting brokers and fund managers to urge patience with a strategy still alien to many of China's momentum-driven stock i...
Apr 08, 2020
OECD says leading indicators flag biggest monthly drop on record
PARIS (Reuters) - Major economies are seeing the biggest monthly slump in activity ever amid the coronavirus crisis and no end is in sight without clarity about how long lockdowns will last, the Organ...
Apr 08, 2020
Futures dip as U.S. coronavirus death toll jumps
By Uday Sampath Kumar (Reuters) - U.S. stock index futures edged lower on Wednesday as the United States posted a record single-day jump of more than 1,800 coronavirus deaths, grinding out optimism ar...
Apr 08, 2020
EasyJet founder continues battle over $5.5 billion Airbus order
By Sarah Young LONDON (Reuters) - EasyJet founder Stelios Haji-Ioannou continued his battle to force the British airline to cancel an order for 107 Airbus planes, making a new demand on Wednesday for ...
Apr 08, 2020
Exclusive: BOJ to project economic contraction as pandemic damage deepens – sources
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is likely to make a rare projection this month that the world's third-largest economy will shrink this year, as the coronavirus pandemic threatens t...
Apr 08, 2020
Australian regulators, central bank tell firms to prep more for end of LIBOR
(Reuters) - Australia's central bank and regulators urged financial firms on Wednesday to double down on their plans for the phasing out of the Libor benchmark, as some still showed substantial exposu...
Apr 08, 2020
China investors flock to money market funds despite record low yield
SHANGHAI (Reuters) - Chinese investors have poured cash into money market funds despite falling yields on the low-risk instruments as authorities enact powerful monetary easing to combat the impact of...
Apr 08, 2020
