Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Largest sovereign funds suffer $67 billion paper loss from stock market rout
By Tom Arnold LONDON (Reuters) - The world's largest sovereign wealth funds have made around $67 billion in losses so far this year as the fallout from the coronavirus has buffeted their major holding...
Apr 17, 2020
IMF says Africa faces fiscal gap of $44 billion to deal with pandemic
WASHINGTON (Reuters) - The International Monetary Fund on Friday called for rapid international support to help African countries respond to the unprecedented coronavirus pandemic that will cause a co...
Apr 17, 2020
Canada offers C$2.5 billion in aid for hard-hit energy sector, death toll hits 1,250
By David Ljunggren and Kelsey Johnson OTTAWA (Reuters) - Canada will invest around C$2.5 billion ($1.8 billion) in measures to help the hard-hit oil and gas industry survive during the nation's corona...
Apr 17, 2020
Google to waive ad serving fees for news publishers amid virus crisis
(Reuters) - Alphabet Inc's Google would waive off the fee it collects from news publishers using its ad services for the next five months, the search giant said on Friday. News publishers, especially ...
Apr 17, 2020
Argentine bonds pushed higher by external factors but debt plan gets panned
By Hugh Bronstein and Walter Bianchi BUENOS AIRES (Reuters) - Argentine bonds were pushed higher by external market factors on Friday, despite a credit ratings downgrade by Fitch while Wall Street pan...
Apr 17, 2020
U.S. banks say cost cuts mostly out of sight during coronavirus
By Elizabeth Dilts Marshall, Imani Moise and Matt Scuffham NEW YORK (Reuters) - During recessions, big U.S. banks usually turn to cost-cuts to boost results. But during the coronavirus pandemic, they ...
Apr 17, 2020
COVID clauses await wary buyers in Canada’s home selling season
By Denise Paglinawan TORONTO (Reuters) - In Canada's typically busy home-selling season, wary buyers are donning masks and gloves to view properties while realtors offer virtual tours and coronavirus ...
Apr 17, 2020
U.S. drillers slash most oil rigs in a week since February 2015: Baker Hughes
(Reuters) - Oil rigs in the United States saw their steepest cuts since February 2015 as crude prices more than halved since the start of the year despite fresh global efforts by producers to cut outp...
Apr 17, 2020
Netflix adds $50 million to relief fund for production workers
LOS ANGELES (Reuters) - Netflix Inc has increased the amount of money in its coronavirus emergency relief fund by $50 million, bringing the total for displaced production workers to $150 million, a co...
Apr 17, 2020
Former Carige CEO frontrunner for head of Monte Paschi: sources
ROME (Reuters) - Former Carige CEO Guido Bastianini is the frontrunner to become the new head of lender Monte dei Paschi di Siena as the nomination process at key state-controlled companies comes to a...
Apr 17, 2020
