Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. new home sales fall sharply in March
WASHINGTON (Reuters) - Sales of new U.S. single-family homes dropped by the most in more than 6-1/2 years in March and further declines are likely as the novel coronavirus outbreak batters the economy...
Apr 23, 2020
UK rushes out $222 billion bond sale to fund pandemic spending surge
By Andy Bruce and William Schomberg LONDON (Reuters) - Britain's government plans to sell 180 billion pounds ($222 billion) of bonds in the next three months, more than it had recently pencilled for t...
Apr 23, 2020
South Africa’s COVID-19 crisis strengthens Ramaphosa’s economic reform hand
By Tim Cocks and Alexander Winning JOHANNESBURG (Reuters) - The coronavirus crisis that has decimated South Africa's already struggling economy presents President Cyril Ramaphosa with his best opportu...
Apr 23, 2020
World Bank slashes outlook for oil, metals as coronavirus crushes demand
WASHINGTON (Reuters) - The World Bank slashed its outlook for oil and metals prices on Thursday due to the economic fallout of the coronavirus pandemic and said the commodity market shock could hit de...
Apr 23, 2020
U.S. business activity hits fresh record lows amid coronavirus lockdowns
By Lucia Mutikani WASHINGTON (Reuters) - U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the...
Apr 23, 2020
Empty kitchens, closed stores: Small China firms struggle to cope with epidemic fallout
By Tingshu Wang and Gabriel Crossley BEIJING (Reuters) - Ma Xinli has shut four of his clothing stores and expects to close another three by mid-June. Unsold winter stock is now hard to sell, there's ...
Apr 23, 2020
Company buses, extra shifts: Italy retools transport to end lockdown
By Silvia Aloisi, Elisa Anzolin and Angelo Amante MILAN/ROME (Reuters) - Buses for use by companies. Staggered shifts. Metro turnstiles that let in a limited number of commuters at any one time. Itali...
Apr 23, 2020
Quick cash helps Swiss firms survive crisis as Austrians await aid
By John Revill and Alexandra Schwarz-Goerlich ZURICH/VIENNA (Reuters) - Mats Klingberg got the green light for an emergency bank loan under the Swiss government's coronavirus aid programme in just thr...
Apr 23, 2020
Air France-KLM says CEO Ben Smith to give up 2020 bonus
PARIS (Reuters) - Air France-KLM Chief Executive Ben Smith will give up his 2020 bonus, the airline group said on Thursday as it negotiates financial aid from the French and Dutch governments. Smith, ...
Apr 23, 2020
As a means of survival, Russian airlines allowed to ship cargo in passenger cabin
By Gleb Stolyarov MOSCOW (Reuters) - Seven Russian airlines have received permission to transport cargo in the passenger cabin, when no passengers are on board, as the coronavirus outbreak has halted ...
Apr 23, 2020
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