Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. weekly jobless claims seen underscoring deepening economic slump
By Lucia Mutikani WASHINGTON (Reuters) - Millions more Americans likely sought unemployment benefits last week, lifting total filings for claims over the past month above an astounding 20 million, whi...
Apr 15, 2020
Japan’s Abe to tweak draft extra budget to offer blanket cash payouts: Kyodo
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe will likely instruct his cabinet to make changes to a draft supplementary budget to offer blanket cash payouts of 100,000 yen ($926) each to all ci...
Apr 15, 2020
China’s home prices return to growth in March as pandemic impact starts to ease
BEIJING (Reuters) - New home prices in China returned to growth in March after stalling for the first time in five years in February, suggesting some pent-up demand as the impact from the coronavirus ...
Apr 15, 2020
Australia cautions March jobs data covers pre-virus lockdown period
SYDNEY (Reuters) - The Australian Bureau of Statistics (ABS) on Thursday cautioned that data on March employment covered just the first two weeks of the month before measures were taken to contain the...
Apr 15, 2020
United cuts May schedule by 90%, tells employees to brace for job cuts: memo
(Reuters) - United Airlines Holdings Inc told employees on Wednesday that it has cut its flight schedule by 90% in May and possibly June, and to prepare for a smaller airline and workforce starting as...
Apr 15, 2020
Japanese firms say government’s $1 trillion coronavirus stimulus too little, too late: Reuters poll
By Tetsushi Kajimoto TOKYO (Reuters) - Most Japanese corporations were disappointed by the government's $1 trillion stimulus plan to mitigate the economic fallout from the coronavirus outbreak, saying...
Apr 15, 2020
Oil bounces back as rising stockpiles seen pointing to lower output amid coronavirus
TOKYO (Reuters) - Oil rose on Thursday, with U.S. crude rebounding from near-20-year lows in the previous session on hopes that a big build-up in U.S. inventories may mean producers have little option...
Apr 15, 2020
Brazil government, banks in talks about bailing out companies
By Marcela Ayres and Carolina Mandl BRASILIA/SAO PAULO (Reuters) - Brazil's Economy Ministry is talking with banks about providing bailouts to sectors such as airlines, automakers, power companies and...
Apr 15, 2020
Dollar stands tall as U.S. retail slump fans flight to safety
By Hideyuki Sano TOKYO (Reuters) - A flight to safety bid pushed the dollar higher against its peers on Thursday after dire retail and factory data showed the severity of the collapse in U.S. economic...
Apr 15, 2020
Royal Caribbean sheds 26% of U.S. workforce as coronavirus hits travel
(Reuters) - Royal Caribbean Cruises Ltd said on Wednesday it would lay off or furlough about 26% of its workforce in the United States, affecting nearly 1,300 of its more than 5,000 employees in the c...
Apr 15, 2020
