Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Futures retreat as focus turns to corporate earnings
By Medha Singh (Reuters) - U.S. stock index futures declined more than 1% on Monday after a strong rally last week, with investors bracing for the earnings season for further evidence of the coronavir...
Apr 13, 2020
ADB triples rescue package to $20 billion for developing members to fight coronavirus
MANILA (Reuters) - The Asian Development Bank [ADB.UL] announced on Monday it was tripling the size of its rescue package to $20 billion to help developing countries in Asia counter the severe macroec...
Apr 13, 2020
Thailand job losses may hit 10 million if virus outbreak drags on
BANGKOK (Reuters) - Thailand's job losses may reach 10 million if the coronavirus outbreak continues for a few months, a business advisory council said on Monday. Southeast Asia's second-largest econo...
Apr 13, 2020
Japan faces higher risk of job losses, data analysis shows
TOKYO (Reuters) - Japan may see new hirings slow and job losses increase, particularly among service-sector firms struggling to cope with the intensifying pain of the coronavirus crisis, according to ...
Apr 13, 2020
As death toll soars, UK finance minister warns economy could shrink by 30% – report
By Estelle Shirbon LONDON (Reuters) - Britain's finance minister has told colleagues the economy could shrink by up to 30% this quarter because of the coronavirus lockdown, a newspaper reported, as th...
Apr 13, 2020
India, Pakistan plan to restart some economic activity during coronavirus lockdown
By Sanjeev Miglani and Asif Shahzad NEW DELHI/ISLAMABAD (Reuters) - India and Pakistan are planning to partially open up some parts of the economy, officials in the two countries said on Monday, as th...
Apr 13, 2020
India MPC minutes reiterate focus on mitigating COVID-19 risks to economy
By Swati Bhat MUMBAI (Reuters) - The impact of the novel coronavirus outbreak on the Indian economy would depend on the depth, duration and diffusion of the crisis, the Reserve Bank of India said in t...
Apr 13, 2020
One in five Kazakhs seek state aid over coronavirus emergency
ALMATY (Reuters) - Some 3.7 million Kazakhs, or 20% of the oil-exporting Central Asian nation's population, have applied for financial aid offered by the government because of the novel coronavirus ou...
Apr 13, 2020
China’s exports slump seen extending to March as coronavirus ravages global economy: Reuters poll
BEIJING (Reuters) - The slump in China's exports is expected to have extended into March while a collapse in oil price likely deepened a decline in imports, a Reuters poll showed, as the coronavirus c...
Apr 13, 2020
China in the driver’s seat amid calls for Africa debt relief
By Joe Bavier, Cheng Leng and Andrea Shalal JOHANNESBURG/BEIJING/WASHINGTON (Reuters) - Support is growing for debt relief to help the world's poorest, indebted nations - most of them in Africa - conf...
Apr 13, 2020
