Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Japan’s March bankruptcies rise as coronavirus halts business
TOKYO (Reuters) - Bankruptcies among Japanese companies rose for a seventh straight month in March as the coronavirus outbreak slammed the brakes on business activity across the country. Tokyo Shoko R...
Apr 08, 2020
Indivior withdraws 2020 forecast on coronavirus-led uncertainty
(Reuters) - British drugmaker Indivior PLC withdrew its annual financial forecast on Wednesday, citing uncertainties due to the coronavirus pandemic. The company said it does not expect to be in a pos...
Apr 08, 2020
EU ministers fail to agree virus economic rescue in all-night talks
By Jan Strupczewski BRUSSELS (Reuters) - European Union finance ministers failed to agree in all-night talks on more support for their coronavirus-hit economies and their chairman said on Wednesday mo...
Apr 08, 2020
Britain eases rules to speed up company capital raising
LONDON (Reuters) - Britain's markets watchdog set out temporary measures on Wednesday to help companies raise cash quickly to get through the epidemic that has shuttered much of the economy. The Finan...
Apr 08, 2020
Japan to pledge contribution to IMF trust for low-income countries hit by pandemic: finance ministry source
TOKYO (Reuters) - Japan will next week pledge to contribute to an International Monetary Fund (IMF) trust offering debt relief to low-income countries hit hard by the coronavirus, a finance ministry o...
Apr 08, 2020
Britain’s Tesco says not prudent to give guidance for 2020-21 due to coronavirus crisis
LONDON (Reuters) - Britain's biggest retailer Tesco said on Wednesday it would not be prudent to give financial guidance for the 2020-21 year due to uncertainty caused by the coronavirus emergency. Ho...
Apr 08, 2020
France’s central bank estimates first-quarter GDP shrunk 6% from previous quarter
PARIS (Reuters) - France's economy likely contracted 6% in the first quarter from the previous three months as a nationwide lockdown due to the coronavirus outbreak shut down vast swathes of the econo...
Apr 08, 2020
UK fashion retailer ASOS raises 247 million pounds in placing
LONDON (Reuters) - British online fashion retailer ASOS Plc said it had raised 247 million pounds ($304 million) via a placing, to help it shore up its finances in case of a prolonged business downtur...
Apr 08, 2020
Bank of England backs COVID-19 pause in insurers’ dividends
LONDON (Reuters) - The Bank of England said on Wednesday that it welcomed the decision by some insurers to pause paying dividends due to the risk of heavy costs from the spread of the coronavirus. "Wh...
Apr 08, 2020
Exclusive: China’s central bank to step up easing, won’t borrow Fed playbook – sources
By Kevin Yao BEIJING (Reuters) - China's central bank will ramp up its policy easing to support the coronavirus-ravaged economy but debt worries and property risks will prevent it from following the U...
Apr 08, 2020
