Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Oil rises for second day as producers trim output to respond to demand loss
TOKYO (Reuters) - Oil extended gains on Thursday amid signs that producers are cutting production to cope with a collapse in demand for fuel as the coronavirus outbreak ravages the world's economies. ...
Apr 22, 2020
Australian goods exports jump 29% in March: ABS
SYDNEY (Reuters) - Australia's goods exports rose sharply in March as the resource-rich country shipped more iron ore to China and more gold to Hong Kong and the UK, preliminary data on Thursday showe...
Apr 22, 2020
Dollar edges higher against oil currencies as energy markets shaken
By Stanley White TOKYO (Reuters) - The dollar pushed ahead against the currencies of oil producers on Thursday as a rebound in crude prices from an unprecedented collapse only partially calmed markets...
Apr 22, 2020
Britain suffering worst peacetime downturn ever; recovery may falter: Reuters poll
By Jonathan Cable LONDON (Reuters) - Britain is in the midst of its deepest downturn in peacetime as the coronavirus pandemic wreaks havoc on the economy, a Reuters poll of economists found, while an ...
Apr 22, 2020
Nissan, partners to draft deeper alliance in May: Yomiuri
TOKYO (Reuters) - Nissan Motor Co , Renault SA and Mitsubishi Motors Corp will draft plans for a deeper alliance next month, including joint development of more electric vehicles (EVs) and self-drivin...
Apr 22, 2020
South Korea posts biggest economic decline since 2008
By Cynthia Kim SEOUL (Reuters) - The coronavirus pandemic pushed South Korea's economy into its biggest contraction since 2008 in the first quarter, as self-isolation hit consumption and kept business...
Apr 22, 2020
Japan’s coronavirus shutdowns pummel service, factory sectors: PMIs
TOKYO (Reuters) - Japan's services sector shrank at a record pace in April, while factories also fell quiet across the country due to the widening fallout from the coronavirus pandemic as an economic ...
Apr 22, 2020
China on slow road to recovery, but recession risk is high: Reuters poll
By Vivek Mishra BENGALURU (Reuters) - The Chinese economy will slowly recover from its first quarterly contraction since current records began, economists predicted in a Reuters poll, but they warned ...
Apr 22, 2020
Venture firm Benchmark raises new fund without early Uber investor: source
By Jane Lanhee Lee (Reuters) - The Silicon Valley venture capital firm known for its early backing of companies such as Uber Technologies Inc is raising a new fund, but without one of its most promine...
Apr 22, 2020
Exclusive: Two SpiceJet lessors in talks to reclaim planes over missed payments – sources
By Aditi Shah and Anshuman Daga NEW DELHI/SINGAPORE (Reuters) - Two lessors to Indian carrier SpiceJet Ltd are in talks to terminate contracts and repossess planes via mutually agreed deals with the a...
Apr 22, 2020
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