Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Pandemic set to tip Japan into deep recession this year, BOJ seen easing again: Reuters poll
By Kaori Kaneko TOKYO (Reuters) - Japan is expected to slip into a deep recession this year with the economy set to contract for a third straight quarter in April-June, a Reuters poll showed on Wednes...
Apr 07, 2020
Australia’s Treasury Wine, to cope with virus, weighs Penfolds demerger, U.S. cutback
By Byron Kaye SYDNEY (Reuters) - Australia's Treasury Wine Estates Ltd said it may spin off the prestigious Penfolds label and shrink its low-end "commercial" division in the United States as it seeks...
Apr 07, 2020
Tesla to furlough workers, cut employee salaries due to coronavirus
By Tina Bellon (Reuters) - Tesla Inc told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut down of its U.S. production facilities because of the...
Apr 07, 2020
South Korea’s March bank lending grows at record pace
SEOUL (Reuters) - Bank loans to South Korean households in March jumped by the most on record, central bank data showed on Wednesday, as credit loans for stock investments and home sales outside Seoul...
Apr 07, 2020
South Korea’s Moon announces $29.5 billion additional cheap loans for exporters
SEOUL (Reuters) - South Korean President Moon Jae-in said on Wednesday the government will make an additional 36 trillion won ($29.5 billion) worth of cheap loans available for exporters hit by the co...
Apr 07, 2020
Nissan’s China sales drop 44.9% in March due to virus
BEIJING (Reuters) - Japanese automaker Nissan said on Wednesday its sales in China fell 44.9% from a year earlier to 73,297 units in March, as the coronavirus epidemic continues to hit the world's big...
Apr 07, 2020
BOJ says it will scale back operations amid coronavirus pandemic
TOKYO (Reuters) - The Bank of Japan said on Wednesday it would scale back some operations in the wake of the government's decision to declare a state of emergency amid the coronavirus pandemic. "But w...
Apr 07, 2020
Australia’s ‘Big Four’ banks see shares fall after regulator urges dividend deferral
(Reuters) - Shares of the "Big Four" Australian lenders fell on Wednesday, a day after the prudential regulator asked banks and insurers to consider deferring dividend payouts or use buffers until the...
Apr 07, 2020
Volkswagen Mexico says employee died in potential case of COVID-19
MEXICO CITY (Reuters) - Volkswagen Mexico issued a statement saying one of its employees in the country had died in a potential case of coronavirus. "Up until now, the company can neither confirm nor ...
Apr 07, 2020
Jordan IMF programme needs adjusting after coronavirus: central bank governor
By Suleiman Al-Khalidi AMMAN (Reuters) - Jordan is in discussions with the IMF seeking to change some of the objectives of a four-year programme of structural reforms because of the negative impact of...
Apr 07, 2020
