Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Indonesia’s capital relocation on hold, shifts budget to fight pandemic
JAKARTA (Reuters) - Indonesia's investment on a mega project to relocate its capital city has been put on hold, as the country shifts focus to spend on containing the coronavirus outbreak, but may res...
Apr 24, 2020
Nestle posts better than expected first-quarter sales as customers stockpile food
(Reuters) - Nestle reported a 4.3% rise in organic sales growth for the first quarter, the food giant said on Friday, as consumers filled cupboards with Purina pet food and Poland Spring water to prep...
Apr 24, 2020
Swatch CEO says China sales rise but global situation still grim
ZURICH (Reuters) - Swatch Group's sales at its own stores in China are up by almost a quarter during April, the watchmaker's Chief Executive Nick Hayek told Blick newspaper, but the global situation f...
Apr 24, 2020
Coronavirus prods Japan agencies, including data collectors, to embrace change
By Leika Kihara TOKYO (Reuters) - The coronavirus pandemic is forcing changes in Japan to the way economic data is collected and some government agencies meet, rare moves in a country where tradition ...
Apr 24, 2020
Investors flock to South Korea as wins in coronavirus battle earn reward
By Cynthia Kim and Tom Westbrook SEOUL/SINGAPORE (Reuters) - South Korea's stock market has bounced back harder amid the coronavirus pandemic than any other major bourse in the world, and bond inflows...
Apr 24, 2020
The growing worry for bondholders: Getting ‘primed’
By Kate Duguid NEW YORK (Reuters) - Bondholders in particularly hard-hit sectors like energy, travel and leisure have another issue to watch for as companies struggle to survive the economic shutdown ...
Apr 24, 2020
Main Street’s mainstays: How some U.S. states tapped crisis loans
By Howard Schneider and Timothy Aeppel (Reuters) - As the coronavirus crisis gripped the U.S. economy and Congress approved hundreds of billions of dollars in emergency small business loans, Utah buil...
Apr 24, 2020
U.S. must demand transparency of Chinese debt in any debt restructuring deals: senators
By Andrea Shalal WASHINGTON (Reuters) - The United States must insist that developing countries disclose debt and other obligations to China as part of any future debt restructuring deal or internatio...
Apr 23, 2020
Coronavirus thwarts vulture funds’ efforts to finally crack China
By Cheng Leng, Samuel Shen and Ryan Woo BEIJING/SHANGHAI (Reuters) - Vulture funds cheering freer access to China's $1.5 trillion in bad debt have flown straight into a knotty market complicated by co...
Apr 23, 2020
Japan’s stimulus to boost real GDP by 4.4%: economy minister
TOKYO (Reuters) - Japan's new economic stimulus package in response to the coronavirus pandemic is estimated to boost real gross domestic product by about 4.4%, Economy Minister Yasutoshi Nishimura sa...
Apr 23, 2020
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