Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Hong Kong tourism chief pins hopes on recovery starting by July
By Donny Kwok HONG KONG (Reuters) - The impact of the novel coronavirus on Hong Kong's tourism sector is unprecedented and the city can hope to start seeing things returning to normal by July, in part...
Apr 09, 2020
Fed’s Powell to update on economy and coronavirus crisis response
By Howard Schneider WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell - one of the key architects of the unprecedented effort underway to shield the U.S. economy from the coronavirus outbreak...
Apr 09, 2020
U.S. weekly jobless claims seen hovering near record highs
By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans seeking unemployment benefits in the last three weeks likely totaled a staggering 15 million as tough measures to control the novel cor...
Apr 09, 2020
Coronavirus derails southern Europe’s clean-up from the last crisis
By Valentina Za, George Georgiopoulos and Pamela Barbaglia MILAN/ATHENS/LONDON (Reuters) - This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of th...
Apr 09, 2020
UBS and Credit Suisse to partially postpone dividend payout
ZURICH (Reuters) - Switzerland's two big banks, UBS and Credit Suisse , said they decided to pay out part of their dividend for 2019 later this year after financial markets watchdog FINMA had criticis...
Apr 08, 2020
World Bank says sub-Saharan Africa will enter recession in 2020
NAIROBI (Reuters) - The World Bank forecasts the sub-Saharan Africa region's economic growth for 2020 will contract because of the impact of the coronavirus outbreak, going into a recession for the fi...
Apr 08, 2020
Catholic bishops, faith groups urge Trump to back debt relief for poor countries
By Andrea Shalal WASHINGTON (Reuters) - The U.S. Conference of Catholic Bishops and an alliance of faith groups have urged President Donald Trump to champion a moratorium on debt payments for poor cou...
Apr 08, 2020
Coronavirus crisis could plunge half a billion people into poverty: Oxfam
By Karin Strohecker LONDON (Reuters) - The fallout from the coronavirus spread that has killed more than 83,000 people and wreaked havoc on economies around the world could push around half a billion ...
Apr 08, 2020
Dubai firms shed jobs in March as coronavirus hits business: PMI
DUBAI (Reuters) - Dubai's non-oil private sector was hit hard last month as key sectors of the Middle East's trade and tourism hub were impacted by measures aimed at stemming the spread of the new cor...
Apr 08, 2020
India’s inflation likely fell to a four-month low in March: Reuters poll
By Manjul Paul BENGALURU (Reuters) - India's retail inflation is expected to have dropped to a four-month low in March on softer food and fuel prices and as already slowing demand likely plummeted due...
Apr 08, 2020
