Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
IMF sees $50 billion in current demand for new short-term liquidity line
WASHINGTON (Reuters) - Current demand for the IMF's new short-term liquidity line could reach $50 billion from several countries, IMF officials said on Wednesday, saying the facility could help countr...
Apr 22, 2020
Two million UK employees on COVID-19 furlough: finance minister
LONDON (Reuters) - British businesses have registered more than 2 million staff as furloughed due to the coronavirus since a government wage support scheme opened on Monday, finance minister Rishi Sun...
Apr 22, 2020
Oil exec and Trump ally Hamm seeks U.S. probe of oil price crash
By Chris Prentice WASHINGTON (Reuters) - The founder of Continental Resources Inc , an ally of U.S. President Donald Trump, is pressing the U.S. commodity markets regulator and the exchange to probe w...
Apr 22, 2020
McConnell says he favors state bankruptcy over more federal aid
WASHINGTON (Reuters) - U.S. Senate Majority Leader Mitch McConnell on Wednesday opened the door to allowing U.S. states to file for bankruptcy to deal with economic losses stemming from the coronaviru...
Apr 22, 2020
Google says state-backed hackers increasing coronavirus phishing attacks
(Reuters) - Security experts at Alphabet Inc's Google have identified more than a dozen government-backed hacking groups using the COVID-19 pandemic as cover for phishing and malware attempts. Google ...
Apr 22, 2020
Portuguese banks may need to halt loan repayments for longer than six months, say CEOs
By Victoria Waldersee LISBON (Reuters) - Portugal's biggest banks have suspended repayments on loans worth about 19 billion euros ($20.6 billion) for six months to help those hit by the coronavirus cr...
Apr 22, 2020
Atlantia says traffic last week on its Italian road network was down 80%
MILAN (Reuters) - Italian infrastructure group Atlantia said on Wednesday that last week traffic on the motorway network it runs in Italy fell 79.7% year-on-year. Motorway traffic was down 81.8% on it...
Apr 22, 2020
Fox’s Rupert, Lachlan Murdoch to forgo salary due to hit from coronavirus
(Reuters) - Fox Corp Chairman Rupert Murdoch and Chief Executive Officer Lachlan Murdoch will forgo their salaries in response to the coronavirus crisis, according to an internal memo sent to employee...
Apr 22, 2020
Portugal wants joint European debt issuance worth up to 1.6 trillion euros
LISBON (Reuters) - Portugal's Prime Minister Antonio Costa urged European leaders on Wednesday for a joint debt issuance worth up to 1.6 trillion euros ($1.73 trillion) to support the recovery of the ...
Apr 22, 2020
Global garment industry calls for support for manufacturers
MADRID (Reuters) - A group of employers' organisations, unions and major brands in the garment industry are working with the International Labour Organisation (ILO) to support manufacturers affected b...
Apr 22, 2020
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