Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
World Bank provides $36.2 million aid to help Bosnia fight coronavirus
SARAJEVO (Reuters) - The World Bank approved $36.2 million in financing for Bosnia on Friday to help the Balkan country prevent, detect and respond to the COVID-19 pandemic. The financing covers a ran...
Apr 24, 2020
Japan March factory output, retail sales seen falling at sharper rate as virus hits: Reuters poll
TOKYO (Reuters) - Both Japan's factory output and retail sales likely fell at a sharper pace in March as the coronavirus pandemic weighed more heavily across the broader economy, a Reuters poll showed...
Apr 24, 2020
German business morale plummets to record low on virus impact
BERLIN (Reuters) - German business morale crashed in April in its most dramatic fall on record and hit its lowest reading ever as the coronavirus crisis strikes Europe's largest economy "with full fur...
Apr 24, 2020
Cash-piling gathers pace, junk-bond inflows continue: BofA
LONDON (Reuters) - Investors stormed out of equities and piled $126.4 billion into cash, according to BofA's weekly flow data, as worsening economic forecasts due to the coronavirus accelerated a rush...
Apr 24, 2020
Korean Air to get up to $971 million support from state-owned banks
SEOUL (Reuters) - Two state-owned banks in South Korea said on Friday they would provide up to 1.2 trillion won ($971 million) in liquidity to support Korean Air Lines Co Ltd as the aviation industry ...
Apr 24, 2020
India’s truckers in crisis: Police checks, no food and fears of coronavirus
By Aditi Shah and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) - Indian truck driver Arju Yadav says he was on a 30-40 km (20-25 mile) journey earlier this month to deliver a consignment of biscuits whe...
Apr 24, 2020
European shares slide as pandemic jitters return
(Reuters) - European shares tumbled on Friday on fears of a severe and lasting economic hit from the coronavirus pandemic after a report raised doubts about progress in developing a treatment for COVI...
Apr 24, 2020
EU heading for 5-10% economic contraction in 2020-Breton
PARIS (Reuters) - European Union Industry Commissioner Thierry Breton said on Friday the EU was heading this year towards a 5-10% economic contraction due to the new coronavirus outbreak. "As of today...
Apr 24, 2020
Ryanair may cut 10-20% of jobs in winter season, CEO tells German paper
FRANKFURT (Reuters) - Ryanair may have to lay off 10-20% of staff in the winter season as it will operate fewer flights due to the coronavirus crisis, Chief Executive Michael O'Leary said in a newspap...
Apr 24, 2020
U.S. oil firm Continental Resources halts shale output, seeks to cancel sales
By Devika Krishna Kumar and Liz Hampton (Reuters) - The largest oil producer in North Dakota has halted most of its production in the U.S. state and notified some customers it would not supply crude a...
Apr 24, 2020
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