Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Australia’s NAB taps investors for $2.2 billion as coronavirus halves profit
By Byron Kaye and Paulina Duran SYDNEY (Reuters) - National Australia Bank Ltd , the country's No.3 lender, asked investors for A$3.5 billion ($2.2 billion) and slashed its dividend on Monday as its f...
Apr 26, 2020
Many U.S. businesses unlikely to seek government aid: NABE survey
WASHINGTON (Reuters) - A majority of U.S. companies expect to stay afloat for more than six months without government assistance, according to a survey on Monday, even though the novel coronavirus out...
Apr 26, 2020
U.S. Democrats urge paycheck scheme coverage for community, minority lenders
(Reuters) - Top Democrats have urged the U.S. Treasury Department and the Small Business Administration (SBA) to expand opportunities for community development financial institutions (CDFIs) and minor...
Apr 26, 2020
BOJ ramps up risky asset buying, pledges unlimited bond buying
TOKYO (Reuters) - The Bank of Japan on Monday ramped up risky asset purchases and pledged to buy unlimited amounts of government bonds to combat the economic fallout from the coronavirus epidemic. At ...
Apr 26, 2020
Japan’s Aso: Expect BOJ to support financial markets stability, corporate finance
TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Monday he would expect the Bank of Japan to support financial market stability and corporate finance. He said it was up to the BOJ to come ...
Apr 26, 2020
Starbucks says in partnership with Sequoia Capital China for investments
BEIJING (Reuters) - Starbucks on Monday said it has entered a strategic partnership with investment firm Sequoia Capital China that will see the two companies make strategic co-investments in China's ...
Apr 26, 2020
Exclusive: Investors to challenge Neiman Marcus bankruptcy loan, push for sale – sources
By Mike Spector, Svea Herbst-Bayliss and Jessica DiNapoli (Reuters) - An investor group that comprises investment firm Mudrick Capital Management LP and Daniel Loeb's hedge fund Third Point LLC plans ...
Apr 26, 2020
China industrial firms’ March profits fall 34.9% year-on-year
BEIJING (Reuters) - Profits earned by China's industrial firms in March fell 34.9% from a year earlier to 370.66 billion yuan ($52.43 billion), the statistics bureau said on Monday. The decline compar...
Apr 26, 2020
Bank of Japan to expand stimulus again as pandemic pain deepens
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is expected to expand monetary stimulus on Monday for the second straight month to ease corporate funding strains and finance huge government spendi...
Apr 26, 2020
Investors bet on testing, treatments for restart of U.S. economy
By Sinad Carew (Reuters) - Investors are pinning their hopes for the reopening of the U.S. economy on the potential for wider availability of testing for COVID-19 cases and on drug trials for treatmen...
Apr 26, 2020
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