Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Gilead surges after report suggests COVID-19 patients responding to remdesivir
(Reuters) - Shares of Gilead Sciences Inc soared 15% on Thursday after a media report suggested that severe COVID-19 patients were positively responding to the drugmaker's experimental treatment remde...
Apr 16, 2020
China’s virus-hit economy set to post first decline since at least 1992
By Kevin Yao BEIJING (Reuters) - China's coronavirus crisis is expected to have tipped its economy into its first decline since at least 1992, data is set to show on Friday, raising pressure on author...
Apr 16, 2020
IMF sees ‘lost decade’ of no growth in Latin America due to pandemic
WASHINGTON (Reuters) - The International Monetary Fund on Thursday said the economic fallout of the coronavirus pandemic, combined with other problems in recent years, meant Latin America and the Cari...
Apr 16, 2020
Trump announces plan to reopen virus-ravaged U.S. economy
WASHINGTON (Reuters) - U.S. President Donald Trump laid out guidelines on Thursday for reopening the coronavirus-ravaged U.S. economy, saying states should take a phased approach to let Americans retu...
Apr 16, 2020
French state may call on banks to contribute to Air France bailout
PARIS (Reuters) - The French government may call on banks to contribute to a bailout of Air France KLM if it offers state support to the struggling airline, the finance minister said on Thursday. The ...
Apr 16, 2020
UK throws coronavirus lifeline to more big businesses
By Andy Bruce LONDON (Reuters) - Britain will allow more large businesses to apply for government funds, finance minister Rishi Sunak announced on Thursday, after many risked being left to collapse wh...
Apr 16, 2020
IMF approves $1.39 billion in emergency pandemic aid for Pakistan
WASHINGTON (Reuters) - The International Monetary Fund on Thursday said its executive board had approved $1.386 billion in emergency financing to Pakistan to meet balance of payments needed stemming f...
Apr 16, 2020
Uber to take charge of up to $2.2 billion due to coronavirus crisis
(Reuters) - Uber Technologies Inc said on Thursday it expected an impairment charge of about $1.9 billion to $2.2 billion against some of its minority equity investments, due to the impact of the coro...
Apr 16, 2020
Boeing restarting commercial airplane production next week
(Reuters) - Boeing Co said it will resume commercial airplane production next week in Washington State after suspending operations last month in response to the COVID-19 pandemic. Approximately 27,000...
Apr 16, 2020
Chesapeake Energy lays off 200 Oklahoma employees
(Reuters) - Chesapeake Energy has laid off 200 employees in Oklahoma, the state said on Wednesday. Half of the job cuts were at the company's Oklahoma City headquarters and half were in the oilfield, ...
Apr 16, 2020
