Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
SunPower idles factories as coronavirus hits solar demand
(Reuters) - U.S. solar panel maker SunPower Corp on Monday said it had temporarily stopped production at all of its factories in five countries as the coronavirus outbreak ravages demand for its produ...
Apr 20, 2020
BlackRock cuts emerging markets local debt to neutral, cites currency risk
NEW YORK (Reuters) - BlackRock on Monday downgraded its view on emerging markets' local-currency debt to neutral, citing further depreciation risks on currencies that have already weakened significant...
Apr 20, 2020
Volkswagen in Brazil to keep factories closed through April
SAO PAULO (Reuters) - Volkswagen AG said on Monday it will keep its factories in Brazil, South America's top auto producer, shut through the end of the month, but that a decision has not been made on ...
Apr 20, 2020
Merkel open to bigger EU budget, bonds to finance post-crisis recovery
By Michael Nienaber and Andreas Rinke BERLIN (Reuters) - German Chancellor Angela Merkel signalled readiness on Monday to finance economic recovery in Europe from the coronavirus pandemic through a bi...
Apr 20, 2020
Over a million UK workers furloughed due to coronavirus: finance minister
LONDON (Reuters) - More than a million British workers have been put on temporary leave by their companies, based on applications in the first eight hours that a government wage support scheme has bee...
Apr 20, 2020
Carrefour halves dividend due to coronavirus outbreak
PARIS (Reuters) - Carrefour , Europe's largest retailer, said on Monday it was halving its 2019 dividend and would hold its May 29 annual shareholders meeting behind closed doors due to the coronaviru...
Apr 20, 2020
Vivendi shareholders approve dividend of 0.60 euro per share
PARIS (Reuters) - Vivendi's shareholders approved on Monday the payment of a dividend of 0.60 euro per share for the fiscal year 2019, with 99.52% of shareholder votes supporting the plan. The amount ...
Apr 20, 2020
Atlantia unit eyes govt guarantee scheme to fight virus impact – sources
MILAN (Reuters) - The motorway unit of Italian infrastructure group Atlantia is considering tapping government-backed liquidity to temper the impact of coronavirus on its business, two sources with kn...
Apr 20, 2020
Investor groups call for UK firms to provide a virtual AGM
LONDON (Reuters) - Britain's biggest listed companies have been urged to hold 'virtual' annual general meetings after two-thirds of the firms to announce meetings so far opted to hold them behind clos...
Apr 20, 2020
IMF may need ‘exceptional measures’ to facilitate pandemic response: Georgieva
By Andrea Shalal WASHINGTON (Reuters) - The IMF may need to step outside its comfort zone and consider "exceptional measures" to help countries deal with the coronavirus pandemic and mitigate its econ...
Apr 20, 2020
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