Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Developing world needs $1 trillion debt write-off: U.N. agency
JOHANNESBURG (Reuters) - Around $1 trillion of debt owed by developing countries should be cancelled under a global deal to help them overcome the economic fallout of the COVID-19 pandemic, the United...
Apr 23, 2020
U.S. Treasury says will be hard for public companies to qualify for coronavirus relief loans
WASHINGTON (Reuters) - A highly-valued public company will have a hard time getting a coronavirus relief loan, the U.S. Treasury on Thursday said, just as Congress was poised to approve a new round of...
Apr 23, 2020
Some Americans going back to work, even as virus erases more jobs
By Ann Saphir and Susan Heavey (Reuters) - Some workers in Georgia and other U.S. states prepared to go back to work for the first time in a month, as data released on Thursday showing soaring unemplo...
Apr 23, 2020
ECB warns EU leaders of doing too little, too late about coronavirus effects
BRUSSELS (Reuters) - The head of the European Central Bank Christine Lagarde warned European Union leaders on Thursday about the risk of doing too little and too late to shield the economy from the ef...
Apr 23, 2020
Bezos, Musk among billionaires gaining net worth in pandemic: report
(Reuters) - The combined wealth of America's billionaires, including Amazon.com Inc founder Jeff Bezos and Tesla Inc chief Elon Musk, increased nearly 10% during the ongoing COVID-19 pandemic, accordi...
Apr 23, 2020
ECB’s Lagarde tells EU leaders: coronavirus can cut 15% of output: source
BRUSSELS (Reuters) - European Central Bank Governor Christine Lagarde told EU leaders on Thursday that the coronavirus pandemic could cut up to 15% of their economic output, a diplomatic source said. ...
Apr 23, 2020
EBRD adds 3 billion euros to coronavirus support package
LONDON (Reuters) - The European Bank for Reconstruction and Development (EBRD) said on Thursday it would boost its support package by 3 billion euros to help stricken companies and councils across its...
Apr 23, 2020
French conglomerate Bouygues’ boss cuts his 2020 pay by 25%
PARIS (Reuters) - Martin Bouygues, the boss of family-run French conglomerate Bouygues , said on Thursday that he and his brother Olivier will cut their total compensation by 25% in 2020 in the contex...
Apr 23, 2020
Bank of Japan mulling unlimited bond buying at next meeting: Nikkei
(Reuters) - The Bank of Japan will discuss scrapping its cap on government bond purchases at its next policy meeting on April 27, the Nikkei newspaper said, looking to cushion the economy against a sh...
Apr 23, 2020
Key U.S. lawmaker pushes for a ban on mergers until coronavirus pandemic ends
WASHINGTON (Reuters) - The chair of the House Judiciary Committee's antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban on deals that are ...
Apr 23, 2020
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