Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Explainer: When will PM Johnson send Britain back to work?
By Guy Faulconbridge LONDON (Reuters) - British Prime Minister Boris Johnson is due next week to present a possible way out of the coronavirus lockdown to get the world's fifth largest economy back to...
May 02, 2020
IMF disburses $200 million to Georgia to fight coronavirus
TBILISI (Reuters) - The International Monetary Fund (IMF) said on Saturday it would disburse a $200 million loan tranche to Georgia to help the ex-Soviet country meet urgent balance of payments and fi...
May 02, 2020
Austrian GDP to shrink 8% this year as lockdown persists, central bank says
VIENNA (Reuters) - Austria's central bank expects economic output to shrink more than twice as much this year as it forecast just a month ago as the coronavirus lockdown lasts longer than anticipated,...
May 02, 2020
Spain to launch 16 billion euro reconstruction fund: PM
MADRID (Reuters) - Spain's Prime Minister Pedro Sanchez said on Saturday his government would approve a 16 billion euros ($17.57 billion) reconstruction fund to help regional authorities deal with the...
May 02, 2020
Russian oil output jumped to 11.35 million bpd in April, ahead of cuts
By Vladimir Soldatkin MOSCOW (Reuters) - Russia raised oil and gas condensate output in April to 46.45 million tonnes, or 11.35 million barrels per day (bpd), from 11.29 million bpd in March, Interfax...
May 02, 2020
Buffett’s Berkshire posts nearly $50 billion loss on coronavirus, operating profit rises
(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Saturday posted a record net loss of nearly $50 billion as the coronavirus pandemic pummeled its common stock investments, but operating profit r...
May 02, 2020
Ireland unveils 6.5 billion euro coronavirus business package
DUBLIN (Reuters) - Ireland will allow firms impacted by the coronavirus crisis to warehouse tax liabilities for 12 months, offering a "lifeline" as part of an additional package of business supports t...
May 02, 2020
Malaysian economy could shrink more than earlier forecasts: finance minister
KUALA LUMPUR (Reuters) - Malaysia's economy in 2020 could shrink more than initially forecast due to extended curbs on movement imposed to stem an outbreak of the new coronavirus, the finance minister...
May 02, 2020
Iran authorises issuance of sukuk securities to fund oil, gas projects – Shana
DUBAI (Reuters) - Iran authorised the issuance of sukuk securities to fund oil and natural gas projects, state-run energy news service Shana reported on Saturday. First Vice President Eshaq Jahangiri ...
May 02, 2020
France’s SocGen to provision between 3.5 and 5 billion euros this year: CEO
PARIS (Reuters) - French bank Societe Generale expects to have to provision 3.5 billion euros to 5 billion euros ($3.84 bln-5.49 bln) this year because of losses due to the coronavirus crisis, its chi...
May 02, 2020
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