Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Kia compact vehicles contractor suspends production
SEOUL (Reuters) - A South Korean contract manufacturer for Kia Motors' compact vehicles has suspended production, a company official said on Monday, citing a drop in overseas demand as the coronavirus...
Apr 06, 2020
JPMorgan announces coronavirus relief package for customers
(Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Monday the bank would extend benefits to customers who have been hurt by the ongoing coronavirus crisis by introducing m...
Apr 06, 2020
France to see worst post-war downturn this year: minister
PARIS (Reuters) - France will likely see its worst post-war economic downturn this year, far surpassing the -2.2% slump seen in 2009 after the global financial crisis, its finance minister said on Mon...
Apr 06, 2020
Kremlin says Russia is ready for oil market cooperation
MOSCOW (Reuters) - Moscow is ready to coordinate with other leading oil exporting countries to help to stabilise the global oil market, the Kremlin said on Monday. Kirill Dmitriev, head of Russia's we...
Apr 06, 2020
Futures jump on hopes of slowdown in coronavirus cases
By Uday Sampath Kumar (Reuters) - U.S. stock index futures jumped about 4% on Monday after President Donald Trump expressed hope that the coronavirus health crisis in the United States was "leveling-o...
Apr 06, 2020
Lufthansa’s Belgian carrier suspends flights until mid-May
BRUSSELS (Reuters) - Belgium's Brussels Airlines, a Lufthansa subsidiary, has extended its suspension of flights until at least May 15, it said on Monday. The Belgian carrier had previously grounded f...
Apr 06, 2020
Italy state agencies to give guarantees for bank loans up to 200 bln euros – draft decree
ROME (Reuters) - Italy's state lender Cassa Depositi e Prestiti (CDP) and its export agency Sace will be authorised to guarantee bank loans this year worth up to 200 billion euros, according to a gove...
Apr 06, 2020
Swedish airline BRA files for court reorganisation as pandemic hits
STOCKHOLM (Reuters) - Sweden-based airline BRA said on Monday it had applied for court-administered reorganisation as it sought to avoid bankruptcy after the rapidly spreading new coronavirus caused a...
Apr 06, 2020
Top Michelin executives agree to pay cuts to help with COVID-19 response
PARIS (Reuters) - French tyre company Michelin said on Monday that its leading executives had agreed to take pay cuts as a gesture of solidarity to help deal with the negative effects of the hit to it...
Apr 06, 2020
Britain’s BT commits to no job losses due to coronavirus crisis
LONDON (Reuters) - Britain's BT on Monday committed to no job losses related to the coronavirus crisis for the foreseeable future. The firm said it would increase pay for "team member" workers and fre...
Apr 06, 2020
