Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Oil price collapse threatens global economy: French finance minister
PARIS (Reuters) - The collapse of crude oil prices threatens the global economy as it is already struggling to cope with the fallout from the coronavirus outbreak, French Finance Minister Bruno Le Mai...
Apr 21, 2020
Coronavirus casualty Virgin Australia could prosper under new owners
By Jamie Freed SYDNEY (Reuters) - Virgin Australia's entry into administration could give any successful bidder for the country's second-biggest airline the chance to free it from a complex ownership ...
Apr 21, 2020
UK has funneled 6 billion pounds to small firms via COVID grants: ministry
LONDON (Reuters) - Small companies in Britain have received 6.1 billion pounds of a total 12 billion pounds available in emergency grants to help them withstand the coronavirus crisis, a finance minis...
Apr 21, 2020
Domestic air travel down 70%, recovery likely to be slow: IATA
PARIS (Reuters) - Domestic air traffic is down 70% globally and the recovery over the coming six months is likely to be slow due to the damage coronavirus has done to economic conditions, the industry...
Apr 21, 2020
Coronavirus probably caused UK GDP to fall in first quarter: BoE’s Haldane
LONDON (Reuters) - The impact of the coronavirus at the end of March was probably large enough to cause Britain's economy to shrink in the first quarter of 2020 as a whole, Bank of England chief econo...
Apr 21, 2020
Malaysia says lower oil prices factored into 2020 deficit target
KUALA LUMPUR (Reuters) - Malaysia on Tuesday said lower oil prices have been factored into the government's 2020 fiscal deficit target of 4% of gross domestic product. "If the oil price declines signi...
Apr 21, 2020
China’s Hubei, epicentre of coronavirus outbreak, posts first-quarter GDP slump
BEIJING (Reuters) - China's central Hubei province, epicentre of the new coronavirus outbreak in the country, posted a 39.2% drop in economic output in the first quarter compared with a year earlier, ...
Apr 21, 2020
Italy’s Piaggio Aerospace postpones again deadline for bids
MILAN (Reuters) - Italy's Piaggio Aerospace said on Tuesday it would postpone for the second time in less than a month the deadline to submit expressions of interest for the company, due to the ongoin...
Apr 21, 2020
Danger, no work in progress for some Benelux builders in lockdown
By Francois Lenoir and Johanna Geron BRUSSELS/LUXEMBOURG (Reuters) - Builders across the Benelux countries are juggling different coronavirus lockdown rules as well as a construction slowdown as they ...
Apr 21, 2020
Germany’s KfW pays out 8.5 billion euros in coronavirus aid loans
BERLIN (Reuters) - Germany's state development bank KfW has received applications for 26 billion euros of emergency coronavirus loans and has so far approved 8.5 billion euros worth, a government docu...
Apr 21, 2020
