Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Renault chairman: could seek 4-5 billion euros worth of bank loans
PARIS (Reuters) - Renault Chairman Jean-Dominique Senard said on Friday that the carmaker could seek bank loans worth 4-5 billion euros ($4.4-$5.4 billion). "It could be in that sort of region," Senar...
Apr 10, 2020
Japan’s battle with pandemic may mark end of Abe’s fiscal experiment
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) - The huge cost of the coronavirus pandemic is upending Japan's seven-year experiment to rescue the economy from its debt timebomb, as recession f...
Apr 10, 2020
Japan finmin: not considering at all asking BOJ to finance debt
TOKYO (Reuters) - Japan's government is not considering at all asking the Bank of Japan now to finance its debt boosted by stimulus to contain the economic fallout from the coronavirus, Finance Minist...
Apr 10, 2020
Japan sees 51 coronavirus-related bankruptcies
TOKYO (Reuters) - The coronavirus pandemic has pushed 51 Japanese companies into bankruptcy with a spike in new cases seen in April, Tokyo Shoko Research said on Friday, underscoring the toll the heal...
Apr 10, 2020
Tesla starts selling two new locally made Model 3 variants in China
BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc said on Friday it has started selling two new locally made Model 3 sedan variants in China. China-made Long Range Model 3 vehicles will be pri...
Apr 09, 2020
High U.S. unemployment, 2.5 million jobs lost through 2021: survey
By Howard Schneider WASHINGTON (Reuters) - After a widely expected and sharp drop in the U.S. economy over the next three months, a panel of top business economists sees high joblessness persisting fo...
Apr 09, 2020
China drafts rules to assess banks’ lending to smaller firms
BEIJING (Reuters) - China's banking and insurance watchdog issued a draft guideline on Friday to assess banks' financial services towards country's struggling smaller firms. The draft guideline will i...
Apr 09, 2020
Boeing considers potential 10% cut to workforce: WSJ
(Reuters) - Boeing Co is considering a plan to cut its workforce by about 10%, which could involve buyouts, early retirements and involuntary layoffs, the Wall Street Journal reported on Thursday. The...
Apr 09, 2020
China factory gate deflation deepens in March as coronavirus jolts economy
BEIJING (Reuters) - China's factory gate deflation deepened in March, official data showed on Friday, with prices falling the most in five months, underlining broad economic damage wrought by the coro...
Apr 09, 2020
Trump says he is speeding help to farmers hurt by coronavirus dislocation
WASHINGTON (Reuters) - U.S. President Donald Trump said on Thursday he has directed his agriculture secretary to expedite help to farmers, especially small farmers, hurt by the economic disruption cau...
Apr 09, 2020
