Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
NZ finance minister says there will be time when economy would need more stimulus
WELLINGTON (Reuters) - New Zealand's finance minister said on Friday there will be a time when more stimulus would be needed to boost the economy that has taken a hit due to the impact of the coronavi...
Apr 23, 2020
Saudi G20 presidency urges more donations to fund pandemic response
WASHINGTON (Reuters) - The Saudi presidency of the Group of 20 major economies on Thursday called for additional immediate donations to fund the emergency response to the coronavirus pandemic and deve...
Apr 23, 2020
China central bank cuts interest rate on TMLF by 20 basis points
SHANGHAI (Reuters) - China's central bank cut the interest rate on its targeted medium-term lending facility (TMLF) on Friday, following similar reductions to borrowing costs on other liquidity tools ...
Apr 23, 2020
Mexico’s central bank says falling commodity prices complicate stimulus plans in emerging markets
By Anthony Esposito MEXICO CITY (Reuters) - Mexico's central bank governor, Alejandro Diaz de Leon, said in an interview on Thursday that collapsing commodity prices make it harder for emerging market...
Apr 23, 2020
Oil prices extend rebound on output cuts, still set to end tumultuous week in the red
TOKYO (Reuters) - Oil prices rose on Friday, gaining further ground as some producers like Kuwait said they would move to cut output swiftly to try to counter the evaporation in global demand for fuel...
Apr 23, 2020
China central bank yet to conduct open market operations on Friday: traders
SHANGHAI (Reuters) - China's central bank has not yet conducted open market operations on Friday, traders said. A batch of 267.4 billion yuan worth of one-year targeted medium-term lending facility (T...
Apr 23, 2020
Dollar heads toward weekly gain as oil shock reveberates
By Tom Westbrook SINGAPORE (Reuters) - The dollar was headed for its best week since early April on Friday, as tumbling oil prices weighed on commodity currencies and division over Europe's emergency ...
Apr 23, 2020
Virgin Australia owes $4.4 billion to creditors based on initial review: administrator
SYDNEY (Reuters) - Virgin Australia Holdings Ltd owes A$6.9 billion ($4.39 billion) to more than 10,000 creditors based on an initial review, according to an affidavit from one of the company's admini...
Apr 23, 2020
L Brands files complaint against Sycamore for backing out of Victoria’s Secret deal
(Reuters) - L Brands Inc filed a legal complaint against Sycamore Partners on Thursday, after the buyout firm walked away from a $525 million deal to acquire a majority stake in the company's Victoria...
Apr 23, 2020
U.S.’s Mnuchin considers lending program for struggling oil companies: Bloomberg News
(Reuters) - Treasury Secretary Steven Mnuchin said he is considering a government lending program for U.S. oil companies looking for federal aid as they cope with a devastating plunge in prices, Bloom...
Apr 23, 2020
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