Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Factbox: Coronavirus spread closes North American meat plants
CHICAGO (Reuters) - Major meat companies in the United States and Canada have closed plants temporarily due to cases of the new coronavirus and concerns about its spread. Here are some facilities that...
Apr 13, 2020
Pandemic or not, cheaper dollar hedging to bolster U.S. inflows
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The coronavirus pandemic has slashed costs for foreign investors seeking to neutralize the currency exposure of owning dollar-denominated assets, makin...
Apr 13, 2020
In oil market sunk by coronavirus, giant output cuts make ripple, not big waves
By Florence Tan SINGAPORE (Reuters) - Muted oil price gains on Monday show record output cuts by giant producers will still leave them with a mountain to climb to restore market balance, industry watc...
Apr 12, 2020
Indonesia central bank may stay on hold for market stability: Reuters poll
JAKARTA (Reuters) - A small majority of analysts expect Indonesia's central bank to keep its policy rate on hold on Tuesday, as it tries to maintain stability in its currency and capital markets amid ...
Apr 12, 2020
India plans to resume some manufacturing amid lockdown: sources
By Aftab Ahmed NEW DELHI (Reuters) - India is planning to restart some manufacturing after April 15 to help offset the economic damage of a nationwide coronavirus lockdown, two government sources said...
Apr 12, 2020
Commodity currencies slip as OPEC+ output cuts provide little cheer
By Stanley White TOKYO (Reuters) - Commodity currencies slipped against safe-haven units such as the dollar and yen on Monday as a record output cut agreed by OPEC and other oil producing nations fail...
Apr 12, 2020
Kia Motors wants to suspend three South Korean factories as virus hits exports: union
SEOUL (Reuters) - Kia Motors told its labour union in South Korea that it wants to suspend operations at three of its factories in the country as the coronavirus oubreak weighs on exports to Europe an...
Apr 12, 2020
UK finance minister says GDP may fall by up to 30% amid virus crisis: paper
(Reuters) - Britain's gross domestic product (GDP) could fall by up to 30% between April and June, Finance Minister Rishi Sunak told his colleagues as members of the cabinet call for easing lockdown r...
Apr 12, 2020
Oil, equities slip as OPEC+ cut fails to lift confidence
By Hideyuki Sano TOKYO (Reuters) - Oil prices and U.S. stock futures dipped in early Monday trade as a landmark agreement by OPEC and its allies to slash output by a record amount failed to give inves...
Apr 12, 2020
Coronavirus pandemic to test China’s unemployment safety net
By Gabriel Crossley and Cheng Leng BEIJING (Reuters) - The coronavirus pandemic is expected to cause millions more people in China to lose their jobs, leaving many of them stranded without a safety ne...
Apr 12, 2020
