Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Mexico inflation slows more than expected to over four-year low
MEXICO CITY (Reuters) - Mexican inflation eased in the first half of April to its lowest in more than four years, official data showed on Thursday, potentially giving the central bank more scope to cu...
Apr 23, 2020
Swiss government expects deep recession due to coronavirus
ZURICH (Reuters) - The Swiss government forecast the country's economy will shrink 6.7% this year, saying it expected the recession triggered by the coronavirus epidemic to be worse than initially fea...
Apr 23, 2020
Russia may need to borrow more than $20 billion in additional funds: first deputy PM
MOSCOW (Reuters) - Russia may need to borrow an additional 1.5-2 trillion roubles($20-26.7 billion) to support its economy as a consequence of the coronavirus outbreak, First Deputy Prime Minister And...
Apr 23, 2020
Blackstone’s first-quarter profit rises but coronavirus weighs
By Chibuike Oguh (Reuters) - Blackstone Group Inc , the world's largest manager of alternative assets such as private equity and real estate, reported a 4% rise in its first-quarter distributable earn...
Apr 23, 2020
Sweden to limit online betting during coronavirus outbreak
STOCKHOLM (Reuters) - Sweden said on Thursday it would introduce a limit on how much punters could gamble in online casinos for the duration of the coronavirus outbreak as isolated individuals increas...
Apr 23, 2020
Domino’s Pizza forecasts rise in comparable sales; pulls long-term outlook
(Reuters) - Domino's Pizza Inc on Thursday forecast a 7.1% rise in U.S. comparable store sales in the first four weeks of the current quarter, benefiting from home-delivery orders from diners put unde...
Apr 23, 2020
Gap says current cash and credit lines may not be sufficient to fund operations
(Reuters) - Gap Inc said on Thursday its existing cash levels and credit facilities may not be sufficient to run its business and it would have to take additional measures such as job cuts and new deb...
Apr 23, 2020
Intesa CEO says virus threatens mid-sized banks, consolidation inevitable: paper
MILAN (Reuters) - The current coronavirus crisis threatens mid-sized banks such as UBI Banca and will inevitably push consolidation among lenders as well as companies, the head of Italy's biggest reta...
Apr 23, 2020
Apple plans to sell Macs with its own chips from 2021: Bloomberg
(Reuters) - Apple Inc plans to sell Mac computers with its own main processors by next year based on the chip designs currently used in its iPhones and iPads, Bloomberg reported on Thursday. The iPhon...
Apr 23, 2020
Euro sinks to one-month low after PMIs lay bare coronavirus economic hit
By Tom Wilson LONDON (Reuters) - The euro fell to its lowest in a month on Thursday after data showed economic activity in the euro zone virtually halted by government-imposed lockdowns to stop the co...
Apr 23, 2020
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